Worst investment is property, Grubby Property taxes, Grubby rates and more Grubby insurance(s) and don't forget the Grubby 20% agent fees on rents, they all keep going up and most people can't or will not pay their rent half the time now days. Rents now have risk value added to them.
Then there is the rippoff 11.9% investment housing banks loans and the 9% agent fee and the other 9+2% state property taxes and stamp duties.
Current return of Property SUPER BIG Negative.
That is why caravan parks are full of Labor supporters and people who cannot afford to live in their own house anymore.
- Forums
- Property
- property worst investment..
property worst investment..
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)