Yeah your average property investor buys at the top of the market - waits his time - pays top dollar - maybe 30 - 40K entry and exit costs. Spends 50k on reno puts on market because he has held it more than a week and not made a profit, then sells at a loss because no one else is selling at a profit , then he sells it at a loss to move it just in case he is stuck with it because interest rates are up. Risk you take if you are a longterm 1 month property investor. You may now go to Economics 2 with distinctions.
i have proof props have been rising, page-11
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$62.28 |
Change
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Mkt cap ! $12.07B | |||
| Open | High | Low | Value | Volume |
| $61.93 | $62.62 | $61.71 | $12.44M | 199.8K |
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| No. | Vol. | Price($) |
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| 1 | 900 | $62.27 |
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|---|---|---|
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