Investors returning to property
http://www.news.com.au/business/story/0,23636,21533340-31037,00.html
This article claims investors are flocking back to property. I have my doubts on that, as in many states the bottom rung has been taken out - a huge number of people cannot afford to enter the market.
Rent isn't rising fast enough to make up for the high cost of property either, and certainly won't give a decent return.
I wonder if this is just more real estate industry propaganda trying to boost a dead property market.
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