Yeah your average property investor buys at the top of the market - waits his time - pays top dollar - maybe 30 - 40K entry and exit costs. Spends 50k on reno puts on market because he has held it more than a week and not made a profit, then sells at a loss because no one else is selling at a profit , then he sells it at a loss to move it just in case he is stuck with it because interest rates are up. Risk you take if you are a longterm 1 month property investor. You may now go to Economics 2 with distinctions.
i have proof props have been rising, page-11
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$64.50 |
Change
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Mkt cap ! $12.50B | |||
| Open | High | Low | Value | Volume |
| $64.91 | $64.99 | $63.99 | $14.13M | 219.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 349 | $64.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.54 | 1011 | 2 |
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