Search results

Personally, I assume growth rates are the same. The other thing you have to consider is relative portfolio size. My assumption is that outer suburbs have higher yields, which means you can support a bigger portfolio. e.g. say the inner 500k property goes up by 10% a year. If you have 1m in outer...

Depends on the initial yield, the initial -ve cashflow might be greater. However, rents increase over time, and you don't get any rent on the PPOR, nothing is deductible and you can't claim depreciation. Yes, the risk is higher but can be mitigated by insurance. IP gains are taxable, but in my...

Not making any specific comments about those areas because I know nothing about them. As a general principle, though, assuming everything goes up at the same rate, if you own MORE $ value in property than what your 'dream home' is worth now, you'll be ahead over time. That is, if your 'dream...

Europe does have a different mindset, but the mindset in Australia is not unique. Certainly it's common in Hong Kong and China. My observation is that there seems to be less emphasis on home ownership where there is a stronger state / government safety net. Western European countries tend to...

So do people rent for longer because longer term rental contracts exist, or do longer term rental contracts exist because people want to rent for longer? Conversely, do people in Australia prefer to buy rather than rent because of shorter term rental contracts, or do shorter term contracts exist...

All true, but people AREN'T logical. They don't make rational decisions. They cling to 'security'. The same play on human emotions that makes Apple so much money also makes property a good investment.

That was what the x'ers were supposed to do. They were supposed to be the ones who saw the writing on the wall with downsizing and the end of lifetime employment and so on. Until they started growing older, having kids and 'wanted' their own homes. The 'wanting' of property is a function of age.