Lets look a this with a sane mind. Property is out of favour at the moment but when you have a trust with a NTA of around $1.90 ,allowing for conversion from Yen to Aussie dollars, and a share price of 47 cents plus a dividend of around 13 cents per year maybe higher with the Yens strength, why not buy a trust which is paying 28 percent dividend instead of buying a house which pays around 4 - 7 percent rent.
Plus Houses are overpriced and this trust is beaten up and oversold with huge upside potential from a capital perspective. Move your funds into a trust at least double your money within 2 years plus earn a nice dividend to go with it. Then buy your house back in 2 years plus buy another one to go with it plus keep some shares in the trust.
Regards
MikePike
BJT
babcock & brown japan property trust
why buy a property when you can get a trust
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