So, if it’s true that investors are selling Yes it's true they're bailing because the return before tax is well below 3% and it's one of the worst investments right now, especilly if you take risk into account
but it’s also true that first home buyers aren’t buying No-one has suggested that
then, who is buying? FHB, baby boomers, those trading down, those on the move for whatever reason and migrants
And if existing home owners are buying, then who is buying their property they are moving from? see above answer Or are they becoming landlords? Why would any sane person become a landlord of they're getting a risky return of less that 3% I ask you because you may know. He'll be thrilled you have asked
