We all have a limit to our budgets, and I know many investors have to make the decision: should you invest in an …
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Our chat today provides a comprehensive view of the current property market and equips listeners with practical tips for making sound investment decisions.
Whether you're a seasoned investor or just starting out, this episode offers valuable insights to help you achieve long-term property success.
"Abolishing negative gearing, stop home owner and builder grant, reforming capital gains tax, and banning foreign buyers from purchasing residential property while encouraging them to invest in commercial property could help balance the housing market. Providing tax incentives for first-home buyers on their mortgage interest payments for the first ten years (similar to the U.S. housing policy) would promote home ownership, reduce demand for rental properties, and lessen the burden on taxpayers in the form of rental assistance. Additionally, 80% of newly released land should be allocated to first-home buyer
Is it even profitable to invest in properties? My shares give me wasy 10% return without lifting a finger. Its extremely hard to achieve this with properties when you take into account interest rates, insurance, body corp cost, land tax etcā¦not much left there. Betting on continuing growth to cancel the losses is a risky business.
Our chat today provides a comprehensive view of the current property market and equips listeners with practical tips for making sound investment decisions.
Whether you're a seasoned investor or just starting out, this episode offers valuable insights to help you achieve long-term property success.
Shownotes here: https://propertyupdate.com.au/the-property-dilemma-investment-grade-apartments-or-secondary-location-houses-with-stuart-wemyss/
Interesting information, thank you. I like the big picture philosophy at the end too š
"Abolishing negative gearing, stop home owner and builder grant, reforming capital gains tax, and banning foreign buyers from purchasing residential property while encouraging them to invest in commercial property could help balance the housing market. Providing tax incentives for first-home buyers on their mortgage interest payments for the first ten years (similar to the U.S. housing policy) would promote home ownership, reduce demand for rental properties, and lessen the burden on taxpayers in the form of rental assistance. Additionally, 80% of newly released land should be allocated to first-home buyer
How about getting a investment grade work ethic.and help to build…instead of being lazy.
Thank you for these helpful insights.
Is it even profitable to invest in properties? My shares give me wasy 10% return without lifting a finger. Its extremely hard to achieve this with properties when you take into account interest rates, insurance, body corp cost, land tax etcā¦not much left there. Betting on continuing growth to cancel the losses is a risky business.
Great work Michael thanks for the great info š§±