From: Alan Hill
There's been much talk on the Forum of late that in many places such as Sydney and Melbourne we're either near, at, or just over the Market Peak.
There are some, such as the self-proclaimed 'conservative old fart'(otherwise known as Gee Cee!) indicating that he's fixing up property for sale and will probably buy back into the market at a later date when things have cooled down.
Indeed buying in and out of the Property Cycle is not an uncommon practice.......which finally brings me to my point/question(aren't you glad I eventually got there!).
For those that are partially selling out for a period, or indeed just stopped buying for a period, what do you intend doing with your extra available cash and/or available investment potential?
Sure there are other options still within the Property arena such as paying off additional funds on mortgages, looking even harder for bargains, renovating etc. but what other options are people who are looking at 'a little break' intending to do?
Putting extra money in a business, investing in shares etc. might come to mind as some options, but what do you think you'll do?
While this is obviously a Property Forum, it's times like this within the Property Cycle that I've been looking to the future at what other options I have available to me, in conjunction with my property portfolio, to ensure I keep getting maximum return.
Interested to get some feedback on this one.......
There's been much talk on the Forum of late that in many places such as Sydney and Melbourne we're either near, at, or just over the Market Peak.
There are some, such as the self-proclaimed 'conservative old fart'(otherwise known as Gee Cee!) indicating that he's fixing up property for sale and will probably buy back into the market at a later date when things have cooled down.
Indeed buying in and out of the Property Cycle is not an uncommon practice.......which finally brings me to my point/question(aren't you glad I eventually got there!).
For those that are partially selling out for a period, or indeed just stopped buying for a period, what do you intend doing with your extra available cash and/or available investment potential?
Sure there are other options still within the Property arena such as paying off additional funds on mortgages, looking even harder for bargains, renovating etc. but what other options are people who are looking at 'a little break' intending to do?
Putting extra money in a business, investing in shares etc. might come to mind as some options, but what do you think you'll do?
While this is obviously a Property Forum, it's times like this within the Property Cycle that I've been looking to the future at what other options I have available to me, in conjunction with my property portfolio, to ensure I keep getting maximum return.
Interested to get some feedback on this one.......
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