Investment Property or a PPOR - which is smarter?
With record low interest rates into the foreseeable future and lending criteria slightly easing, it’s a safe bet that more and more Australians are going to be asking themselves which option they should choose - an investment property or a PPOR (principal place of residence).
It may seem an easy enough question, however to answer it you’ve got to take a close look at where you’re at financially and what your goals are.
Let’s have a look at the pros and cons for each strategy. We’ll also discuss what you can do if you’re already on the “property ladder” and want to move up!
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