http://propertyupdate.com.au/how-many-investment-properties-do-australian-investors-really-own/
"There are just over 23 million people in Australia of which 1,811,174 individuals (just under 8% of the population) reported to the ATO as having an investment property
Interestingly 1,213,595 of these individuals, or two out of every three investors, were negatively geared and reported a loss on their rental income."
Thats a lot of people holding a lot of money loosing property!! 67% of all investors are soley reliant on cap gains!!! And this isnt cause for concern?
- Forums
- Property
- surely they must be getting nervous?
http://propertyupdate.com.au/how-many-investment-properties-do-au...
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