Finally someone who is more honest and realistic about purchasing property these days. Servicing the debt is what tends to hold people back from purchasing multiple properties.
true -- its nuts ! you and i cant even put a offer in these days all snapped by byers agents..and they offering courses to learn teh game they play for 08K..
The Inland rail connection between Brisbane and Toowoomba will be a big moment for both cities. It'll be a bit like the connection between Sydney and the Blue Mountains.
5 million dollars @ 5% income (taxed) for 100k p.a. property is such a bad investment without market FOMO due to under supply even with such low demand
Oh yeah that’s great let’s turn the housing market into the share market. Property investing is great I made hundreds said thousands for doing nothing. That’s really productive earnings. Property investment should be only on building new homes and full capitals tax on profit. We have killed the housing market for people who don’t have extra wealthy parents. The politicians own many homes, the media own many homes no one has the incentive to fix as we are all greedy little pigs. 🙏for a 50% housing crash. Then we start playing on a sort of fair playing ground. It’s so total BS
I’m sorry..It’s not really worth it between land tax, liability and risk. Also building a property portfolio to retire isn’t the best use of a life time.