Yeap, the SMSF is the new chinese, pushing the price up in an new developemnt near you
Real estate reality check
There's a new housing estate outside a Queensland mining town substantially owned by geared SMSFs thanks to the diligence and sales drive of real estate spruikers.
The value of the housing has fallen by 30 to 40 per cent and rents are plummeting as well.
Read more: http://www.smh.com.au/business/comment-and-analysis/fofa-changes-need-a-real-estate-reality-check-20140620-3ajhl.html#ixzz35Au3znQ4
