在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m
I just start looking into (or learning about) property investment. Then I read this article:
This bit reads:
Sydney's overall vacancy rate sits at 1.3 per cent which is well below last January's 1.7 per cent.Question: if vacancy rate is lower than last year, doesn't that mean it is good for investor? Why do they say "significant intervention by the government will be needed to make investment more attractive."
The Real Estate Industry of New South Wales has said significant intervention by the government will be needed to make investment more attractive.Click to expand...
What it means is that if the govt does not sort housing out rents will go up significantly.
This can only be good for investment.