Yes you can lose a lot of money in Real estate like in anything else.However if you stick to certain rules you can also make a lot of money,not overnight as property has usually needed time usually years to deliver the big gains .There are exceptions of course.With the rental market the returns if you buy now are not good in the past low returns didnt matter as inflation kooked after you at the moment its a different matter.
Ever wondered why rents are relatively low compared to present purchase prices ,my theory is investors who bought ten years or so ago have made a hugh paper profit in the value of their properties and are happy enough with the rents being received compared to their initial purchase price.They dont want to sell because of capital gains tax.
This of course bodes keeps the rents lower than they should be however all stats point to a hugh rental crisis building as new investment in property drops off because of high prices.
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