xjo hctv presents early opener monday, page-71

No question in my mind pisces.Sydney alone has an influx of 45,000 p.a.Renters are being gazummped,to the highest bidder the flat.

The big problems for me, one impediment,is land tax in NSW.Then you have the problem renters-to whit-one buys a renter in Chippendale (I kid you not),rent it to the daughter,and presto,no rent forseeable in the distance,not forseeable ever.Let alone the damage and the "Moving"extravaganza",both in and out.That is two.

Three,illiquid.

I favour commercial.Brave call from me having seen a $300k investment halved during the 'Troubles-lol')and distributions-well just bloody stopped after 1.

I see a real under supply in commercial,not too many cranes on the Skyline.

My mistake was going AA+ investment grade UNLISTED.

Lost opportunity cost of $300k.Some of the listeds looking promising.

Therein finishes the property lesson.

My huge lesson was liquidity or rather the lack thereof.