[quote=spdrun]Where are people buying that they’re only getting 3% return? 6% isn’t hard to find in the US, 8% is relatively available if you want to do some work.[/quote]
In San Diego, it’s tough to find a reliable 3% return on a RE investment. Not talking about other areas regarding this type of return. Where the Asians are buying, getting any kind of return at all is very difficult because everyone is pushing prices to the upper limits.