iMoneywealth replied to the topic Positive or negative geared property? in the forum Help Needed! 11 years ago
The RBA is reducing rates making the property investing very attractive to those seeking yields.
There is a growing surge of borrowed money into housing, particularly in NSW, where 40% or 2 out of every 5 dollars lent by banks is being used to buy investment properties – the highest proportion in 10 years, last seen in 2003.
And given the…[Read more]