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UniversalTrader

18,851 Posts.

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30/05/24

21:01

Post #: 74091786
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Originally posted by kingpins: ↑

Hi UT

The type of property held is a key that has not been mentioned in your private debate with Nippy

If an investor has spent $1.0 plus million ( and borrowed $800K) for an investment property of course they are going to want max return that they can get IE $700 / $800 per week, no one on gov pensions can pay that

But if it is a cheaper property then they can

So you are both right

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Yep the point is as always all property is not the same. Even those higher priced properties are being snapped up wirhe the current supply issues
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