From: Even Steven
Hi everyone.
I get the impression that the American gurus advocate that any investment should be positively geared from the beginning with capital growth being not so important. But that seems to me like a short-sighted view because it is the capital growth that will pull the rental up making the investment more and more cashflow positive in the future. So in considering the long term it seems to me that positive cashflow at the beginning is not so important and capital growth is important. What do you think?
Steve
Hi everyone.
I get the impression that the American gurus advocate that any investment should be positively geared from the beginning with capital growth being not so important. But that seems to me like a short-sighted view because it is the capital growth that will pull the rental up making the investment more and more cashflow positive in the future. So in considering the long term it seems to me that positive cashflow at the beginning is not so important and capital growth is important. What do you think?
Steve
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