Cheap as Chips

Good to see this space run out of energy, it must be exhausting!!

So what can 16 Sydney houses buy these days ?...... a mining company like Panterra Gold. Take the rent of those Sydney houses, say total income $12,000 a week times that by 52 weeks you get $625K. WoW a return of 4% against a say $15M investment.

I doubt the punters can squeeze more out of the Sydney property market by way of capital gains when interest rates have hit 2% from tomorrow.

One alternative is buy into a REAL PRODUCING asset / investment with a market cap of around $15M. You won't get a dividend, but you could easily double or quadruple your money in 1-3 years. The dumb money can follow real estate from here on.... the interest rate lever has essentially run its course.