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From: Kevin Forster
Here's an article with the usual journalistic integrity and fact checking ie none!!
http://www.moneymanager.com.au/advice/house/news/2002/02/04/FFXGQJ359XC.html
Love the blanket statements:
"But while home owners in inner city areas have watched the value of their properties soar, those on Melbourne's urban fringe are still waiting to feel the impact of the boom. They'll be waiting a long time, says analyst Scott Keck, of Charter Keck Cramer (formerly Herron Todd White)." I love my no capital growth outer suburb areas which have capital growth of 75% over 3 years.
"The rental market is struggling, with owners of low–end properties already finding it difficult to find tenants. With low interest rates and the first–home buyers grant encouraging owner occupation, rental returns have plummeted." Gee what am I doing increasing rents and having many applications that I can choose?
Have a read and try to figure out what this guys angle is?
Would appreciate your comments
Kevin
Here's an article with the usual journalistic integrity and fact checking ie none!!
http://www.moneymanager.com.au/advice/house/news/2002/02/04/FFXGQJ359XC.html
Love the blanket statements:
"But while home owners in inner city areas have watched the value of their properties soar, those on Melbourne's urban fringe are still waiting to feel the impact of the boom. They'll be waiting a long time, says analyst Scott Keck, of Charter Keck Cramer (formerly Herron Todd White)." I love my no capital growth outer suburb areas which have capital growth of 75% over 3 years.
"The rental market is struggling, with owners of low–end properties already finding it difficult to find tenants. With low interest rates and the first–home buyers grant encouraging owner occupation, rental returns have plummeted." Gee what am I doing increasing rents and having many applications that I can choose?
Have a read and try to figure out what this guys angle is?
Would appreciate your comments
Kevin
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