slumlords are a symptom of an ailing system, page-43

  1. 1,469 Posts.

    over last 40 years rent made around 4% on average, interest cost 9% on average..

    your losing money every year as you negativly gear it to reduce the loss.

    it doesnt become positvly geared till you get past half way (of you have a masive capital growth which is not normal)

    biggest gain in 100 years was the last 5 - 15 years over doubling the norm..

    historicly its only a savings plan, it only looks good as an investment if you were buying 10 -15 years ago

    buying now i think you will be lucky to break even by the next 10 - 15 years

    Investing in property will lose a lot of hype in the coming years as the rewards are no longer delivered by this "investment" class of assett
 
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