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From: Shane .
I was speaking with a real estate agent last weekend, and he was trying to do the sell on a house that I knew was in a housing commission area. When I questioned him about it he said that as the leases expired in the housing commission houses, they were being sold off, thus eventually converting the area from housing commission to a 'normal residency' area.
Two questions:
1. Where would one check on this?
and
2. If that is the case, any general thoughts and feelings on purchasing an IP in these areas?
As a newbie, my apologies to 'the vets' if this has been posted before :?
sm
I was speaking with a real estate agent last weekend, and he was trying to do the sell on a house that I knew was in a housing commission area. When I questioned him about it he said that as the leases expired in the housing commission houses, they were being sold off, thus eventually converting the area from housing commission to a 'normal residency' area.
Two questions:
1. Where would one check on this?
and
2. If that is the case, any general thoughts and feelings on purchasing an IP in these areas?
As a newbie, my apologies to 'the vets' if this has been posted before :?
sm
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