Hi All
I was wondering if anyone could give their impression on commercial and residential property ie does commercial property 'follow' residential in its cycles or does commercial move up and down irrespective of what the residential market is doing. If commercial does follow residential, does it mean it is not a good time to buy into the commercial market? Or just set a benchmark for yourself ie only buy something that is going to generate >8% net pa?
I was wondering if anyone could give their impression on commercial and residential property ie does commercial property 'follow' residential in its cycles or does commercial move up and down irrespective of what the residential market is doing. If commercial does follow residential, does it mean it is not a good time to buy into the commercial market? Or just set a benchmark for yourself ie only buy something that is going to generate >8% net pa?