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  1. BayView

    Proportion of people who own multiple properties??

    Keeping in mind that we are hurtling towards becoming the 51st State of the USA, I heard that in the United States of America the average retirement amount in peoples' 401K (like our super) is $50k. Also keeping in mind that they are probably still the richest Country in the world (at least for...
  2. BayView

    Proportion of people who own multiple properties??

    And I'll wager that 50% of the 4% who own one IP are actually holiday houses that get used about 1.3 weeks per year. And out of those 1.3 weeks, 50% of the time is to visit the joint to do some gardening for the day and drive back home. Intelligent. They're the ones who come into our...
  3. BayView

    Proportion of people who own multiple properties??

    Marg Lomas quoted in one of her fabulous books this figure. Can't remember exactly, but it's something like 5% of investors have more than 2 IP's, and maybe 1% have more than 5.
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