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I am pretty sure they were talking about commercial property in...

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mikeyjon

1,520 Posts.

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16/01/20

18:09

Post #: 42420087
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Originally posted by marri: ↑

“40% of Australia's super is tied up in the property market and was warning people to look into their fund and limit that amount of exposure.”
‘The Property Market’ needs further analysis. If they meant ‘ Residential Property’ if would difficult to disagree. If you own 0.02% of a building occupied by BHP with a 10 year lease and that 0.02% is 40% of your SMSF that might be highly appropriate if approaching retirement.
( personally do not consider the house you occupy to be an investment at all )

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I am pretty sure they were talking about commercial property in the industry super funds and fund managed not the self managed funds.
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0 Great analysis

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