smh guide shows property to be stuffed

  1. 3,698 Posts.
    just looked at the SMH property guide for sydney

    seems that most properties are expected to return less than 3% in the coming year and rents on investment properties after agents and strata fees are taken out will give a return of about 2%.


    3 + 2 = 5%

    In fact that 3% is being a bit kind. Most are actually looking at negative capital gains.


    Bank interest that is the RISK FREE rate is 6%.

    YOUR BETTER OFF WITH YOUR MONEY IN THE BANK

    My investments on the stockmarket have grown at more than 20%

    It's not rocket surgery is it? lol

    The only hope for property is if the stockmarket crashes. But the chances of that happening are slight.
 
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