I’m considering whether to retain $3 million in single-family rentals, we have $900,000 left on mortgages. We are now the possibility of maintaining $70,000 annual income by selling and investing in stocks and bonds.
@halojones18438 күн бұрын
I suspect interest rates will continue to weigh on people's ability to pay for property for the next three years (even with or particularly with negative gearing) - we have gone back to 2015 in terms of available income levels. Unless you are cashed up from other sources of cash flow or have in place a very large release of equity to pay almost all of it in cash, you will not be able to afford property in 2025 whether you are an investor or owner. Even increased rentals will not make anything more than a mild dent in the debt burden. The debt burden is simply too great for too many people.
@zenmachine506 күн бұрын
reduce immigration and get more Aussies to move overseas would fix a lot of problems. That way there would be less demand for the limited stock of housing. Plus the property is so much cheaper in places like thailand so much so that a lot of poor working Aussies who have to work for a living here can sell their properties and afford to stop work for ever in these countries