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!
