"Based on what? If it works for UT good luck for him, but personally those types of tenents would carry a high risk of default, property damage, reluctance to accept increases etc. Any positive cash flow could be eroded in the blink of an eye. But if UT has found it works for him great, but not for me. Doesn't mean I or anyone else doesn't know anything about the property market. Just another example of mindless and pointless bullish arrogance "
Yes Hawkers the tenant risk profile is higher - but can be managed and IMHO is a far better investment than a $700k property with a $600pw rent (that is a bigger risk IMHO). Just because you are closed minded doesn't make it mindless and pointless bullish arrogance. This is just one example and I am sure there are plenty of others out there. You only made the statement yesterday that you can't compare property and shares - well like every share is different every property is different both need to be assessed on their own merits rather than blanket statements.
