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Regulation or education? Which is best for a sustainable market?

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Your Investment Property | 04 Jun 2015, 06:13 AM Agree 0
Education rather than intervention is the best way to create a more sustainable property investment industry according to the Property Investment Professionals of Australia (PIPA)
  • | 04 Jun 2015, 02:26 PM Agree 0
    “We need to teach Australians about this as well as encourage them to seek professional investment advice to limit this from happening.”

    In other words, come pay us money to tell you what to do.
  • | 04 Jun 2015, 03:32 PM Agree 0
    Not rocket science! Simplest way to avoid this B/s to provide a Statement of Advice (SOA) stating that this type of investment fits in with investors strategy and an actual cash flow model has been prepared on their current financial position (not a PIA) prior to any purchase of an IP. Then throw in an independent market valuation provided by the builder/developer (best of luck with that one) or alternatively, the company that's selling the product, provide it to the investor. Investors will now have the "correct education" to make an informed decision. From my understanding PIPA is not a Nationally recognised body.
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