iMoneywealth replied to the topic Positive or negative geared property? in the forum Help Needed! 11 years, 1 month 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]