Splinterland's : Rental APR look sweet but it really so?
Splinterland's : Rental APR look sweet but it really so?
When I checked my rental APR it look 12.57% and this overall APR is certainly good in this market. Usually I guess my rental APR lies between 7 to 9% before the new of Holiday sale kicked in.
Actually rental income kept reducing after every 2-3 months and latest Holiday deal announcement hit it worst.
So getting 12.57% APR now instead of 8% mean that rentals market are recovered? Actually not , it is like cards price plummeted more then the rentals that make to believe that rentals are sweet deal. My card value drop by 33% and if I factor in this consideration in my rental APR , it will become 8%.
8% factored APR shows that rental market is recovering but card prices are not.
I feel these price and rental APR make an ideal entry point to SL but again this is so high volatile market and liquidation might take month so I guess getting more cards for rental does not make sense.
Posted Using LeoFinance Beta
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