over last 40 years rent made around 4% on average, interest cost 9% on average..
your losing money every year as you negativly gear it to reduce the loss.
it doesnt become positvly geared till you get past half way (of you have a masive capital growth which is not normal)
biggest gain in 100 years was the last 5 - 15 years over doubling the norm..
historicly its only a savings plan, it only looks good as an investment if you were buying 10 -15 years ago
buying now i think you will be lucky to break even by the next 10 - 15 years
Investing in property will lose a lot of hype in the coming years as the rewards are no longer delivered by this "investment" class of assett
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over last 40 years rent made around 4% on average, interest cost...
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