just looked at the SMH property guide for sydney
seems that most properties are expected to return less than 3% in the coming year and rents on investment properties after agents and strata fees are taken out will give a return of about 2%.
3 + 2 = 5%
In fact that 3% is being a bit kind. Most are actually looking at negative capital gains.
Bank interest that is the RISK FREE rate is 6%.
YOUR BETTER OFF WITH YOUR MONEY IN THE BANK
My investments on the stockmarket have grown at more than 20%
It's not rocket surgery is it? lol
The only hope for property is if the stockmarket crashes. But the chances of that happening are slight.
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