Australian Landlords Take Record Debt as Rent Yields Fall

Satyajit Deb, who has bought five homes across Australia since 2009 as investments, said he plans to purchase more, even as rental yields fall.

“History shows property will roughly double in value every seven to 10 years,” said Deb, 44, who works at a software-services firm in Sydney. “A carefully constructed property portfolio is the best retirement asset.”