Australia's largest stock trading and investment forum Australia's #1 stock forum

Housing crash, page-372

First 372 Last

Share
Profile

Follow
Beave

6,091 Posts.

335

06/09/20

02:48

Post #: 47118512
Share

Originally posted by Steve98 ↑

I live in Brisbane, Im thinking of possibly getting my first rental property...

But i am abit of a bear, highest unemployment numbers ever, alot of people are surviving on the JobKeeper/Seeker and in some cases many have left work to be on the benefits as it simply is more beneficial to take it than actually work.

Is there anything i should consider if im looking into investing in property?
-Also would it be smarter to buy in Melbourne considering the lock-downs there have been harsh, therefore more loss of jobs etc resulting in increased desperate sales?

I truly feel for those hurting, I dont wish bad on anybody but the current situation is just that... So i thought i'd ask, would love some commentary!

Expand

Better to hold off another 6 months before u pull the trigger would be my advice, then at that point u might defer again

There is no hurry given the looming crash
8 Upvote

Reply

Top Stories

ASX Market Close: Tariff fatigue truly evident; RBA eftpos proposal sinks Tyro

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

AII

Inside the depths of Panasqueira: A legacy carved in rock

WIN

'Incorrect datasets': Old irony sets WIN Metals up for golden opportunity at Emjay

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

First 372 Last

SPONSORED BY