Housing affordability ??? Didn’t know there was a problem!!
Oh wait … Sorry I don’t live and invest in Sydney or Melbourne. As far as I’m concerned if they have a problem it’s for them and the local government to sort out… Or inevitably the market itself.
Every time the Government gets involved with grants, policy changes or incentives, the market suffers unrealistic inflation, as a whole bunch of operators jump onboard to grab at the before mentioned government interventions.
*Add taxes and/ or tarrifs to ANY investor that is not an Australian Citizen.
*Create a city by city land release plan. Involving local councils but also pushing them to change local legislation to increase and improve land/housing infill and density targets.
*Relax and encourage multi-storey developments in future-flagged high density regions, but tighten the type and look of those developments to suit and fit the areas.
Take the property bull ‘by the horns’ and actually lead this country to the place we want it to be. Housing affordability is not the problem, there are still properties available for less than $100,000 in this country.
It is just the people with a sense of entitlement wanting to live on a big block 10min from the city but can’t afford to do it.
Few people are now relying on education plans. Some are bankrupt already. What I did was I invested on a Taco shop branch my cousin owns. We just opened a branch where I am a part owner. My 2 kids are also entering college soon.
Thanks! I have managed to look into aviation safety management software. There are a lot of information available online but of course, but we are looking for someone who has a first hand experience with using such tool. Please let me know is there is anyone available to answer some questions. Thanks in advance.
<b>“As a Man Thinketh”</b>
By James Allen,
a book over 100yrs old reprinted numerous times, now printed as, “As a Man Thinks” and “As a Woman Thinks”,
Primarily about the benefits of positive thinking and you sow, so shall you reap, very interesting !
8/10
<font color=”red”>REDWING</font>
“Money is a currency, like electricity and it requires momentum to make it Effective”
Hi Liam. Others are correct here, instead of thinking the negatives about your property issues then why not talk to brokers or professionals who could help you with it. I think, they know better about properties. I just thought they could help you find others means to solve your problems.
This reply was modified 8 years, 1 month ago by brecciasounding.
In my case, I don’t really indulge myself to lending institutions but I was told by a friend that it is better than bank loans. To cut it short, if it necessary for you to have the renovation as soon as possible then you may try to get loans but if not, I suggest that you save first for that so that you could have funds for your kitchen and bathroom.
The house is located in California. I already talked to one of the financial advisers. He helped me understand options and gave advise on how much money I can borrow for my loan. I am thinking to take this “option” but still undecided till I have discussed this with my wife. :) Thanks for your reply.
As far as I have read about buildings depreciation value, a yearly depreciation rate has been set to 0% if they have estimated useful lives of 50 years or more. I hope that helps.
I would like to buy property and hold for income. This is my investing strategy at present and in the near future. In my opinion , is is the best thing to do. Property is a good investment. You could either sell it or make it as a means of income especially if it is a commercial or a resort type.
This reply was modified 8 years, 5 months ago by brecciasounding.
For me a holiday house is a good investment and you can really save especially if love going on a vacation to the place where you want to purchase. You can also use it as a business and have it for rent for other travelers.
Yes, the property or a house for rental is not that necessary to be furnished with things inside. Otherwise, it could have been that way if the house or place is for recreation like a beach house or a property for commercial purposes.