Real estate

Housing carry (net rental yield minus mortgage rate)

Carry nieruchomości finwire (finwire_housing_carry): per city and month, the net rental yield of a typical 2-room flat (asking rent against the secondary-market transaction price, after one vacant month, the flat-rate rental income tax, the admin fee in vacant months and the property tax at the statutory upper rate) minus the variable mortgage interest rate (benchmark rate plus the typical margin from finwire mortgage offers), in percentage points, with monthly history. Negative carry means interest on a loan for the whole price exceeds what the flat earns from rent. Computed by finwire.pl. Informational data, not investment advice.