Market Metrics to Identify New Hot Markets
[I'm a small investor from Tel Aviv, Israel, investing mainly in Israel and Central-Eastern Europe]
Hi All :)
I'm trying to compile a list of metrics to use in order to identify new markets to invest in Europe.
Thus far I came with the following metrics:
- Rental Yields (historic and projection)
- Mortgage Interest Rates (historic and projection)
- The spread between the two above
- Taxes (Upon purchase, tax on rent and on capital gains)
- Tourism (trend)
- GDP per Capita (historic and projections)
- Median purchase price per SQF
- Median rental price per SQF
- Median Free income (after income tax)
- Nearby Hospitals (existing and planned)
- Nearby Airports (existing and planned)
- DoingBusiness Score (various criteria related to Real Estate )
- Population Growth rates (historic and projections)
- Nearby Public Transportation
- Divorce Rates
- Average Marriage Age
- Job Growth
- Household Debt (trend and projection)
- Country Debt (trend and projection)
- Is there a financial institute that will refinance an asset I purchase at 75% LTV or more (implementing BRRRR)
- Owners:Renters Ratio
- Tenant or Landlord biased law system
- Hi Tech corporates planning to open HQs in the area
- Currency Inflation/Deflation (historic and projections)
- Construction permits (historic and projections)
- Constructions starts (historic and projections)
- New apartments sold
- New apartments median price
- Existing apartments Sold
- Existing apartments median price
- Total debt through Mortgages (historic and projections)
- Unemployment Rates (Historic and projections)
- Average number of dates a new/existing apartment is for sale
- Other demographic attributes and preferences of the locals
Thanks,
Alon