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26/09/24
20:36
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Originally posted by Tarvold:
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'Rents are aligned with property values.' You obviously don't invest in property otherwise you wouldn't make that statement. Yields on property aren't fixed they vary & as such property values can move independently from rents. Yields on residential properties have dramatically shrunk in Australia to a point where no sane person should invest in them. Evidenced by the fact that property investors have to be subsidised & propped up with NG. 'It is now becoming a losing game being a property investor.' Incorrect, there are plenty of opportunities to make 6-7%+ net yields on property investments. Just not in ridiculous overpriced residential property. Remove the subsidies & tax breaks, allow the property prices to fall to a balanced point where investors will be willing to invest.
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Now you are being silly, you give me an example of 6-7% + net yields. I guarantee you will not find anything, unless it is at the arse end of nowhere. You need to add on all the other expenses, which I have already shown and oh yes, I forgot the accountants fees.