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Why you should stay out of the property market this spring

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Your Investment Property | 30 Sep 2014, 10:51 AM Agree 0
I know. This is not exactly what you want to hear, especially if you’ve been saving and scraping during the past year. It’s also not something you’d expect to hear from a property advocate like myself.
  • Bart | 30 Sep 2014, 03:53 PM Agree 0
    Interesting article. I have been involved with property
    Since 1973. The one factor that people
    Tend to overlook is this, many investors
    Are highly geared, many looking for
    A quick flip. Investors have little personal
    Attachment to their properties, & if the
    Markets tips they will look to sell
    Quickly & further compound any falling
    Prices. Sustainability is about wages & jobs
    If they remain strong, then prices will
    Only consolidate, if wages & jobs weaken
    Then it will become an affordability issue
    & prices may well decline, quickly.
  • stockbrokers | 04 Oct 2014, 07:37 AM Agree 0
    Yeah, nicely said. Also there are a lot of big players in the properties business and it's hard to rise and compete with big fish. It's much better to invest your money & time in something technology-related, after all that is the future.
  • no | 09 Nov 2014, 02:38 AM Agree 0
    would the money spent on an extra year of renting a property to live in not negate any potential saving achieved by waiting to buy first home as you suggest?
  • DD | 09 Nov 2014, 02:50 AM Agree 0
    hi there,
    we are first time investors and are hoping to get an investment property by the end of the year. preferably new developments (apartments).
    thus, based on the article, it would be better if we wait till next year?
    a lot of reasonably priced apartments have been sold out.
    not sure if there will be any more affordable new developments next year.
    thank you.
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