They ignored one of the golden rules in real estate.
Land is an asset. A house is a liability.
Of course the time factor is critical increasing the effect of both factors.
Busselton was up 10% in the last quarter of 2017 after being depressed for a long time and retirees are fueling strong demand for small rural residential properties in this area. Up to 5 acres are favourite for obvious reasons.
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- How about capital gains tax on property.
They ignored one of the golden rules in real estate. Land is an...
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