jaysond79 replied to the topic Investing in New York in the forum Overseas Deals 15 years, 1 month ago
What's sort of returns are you getting in NYC. I'm refering to rental return. Also what are the prices around there?
jaysond79 replied to the topic October 09 Property Crash Begins in the forum General Property 15 years, 1 month ago
I think where a lot of the analyst are getting it wrong is not understand the principal of supply and demand. The US property market crashed because of oversupply in houses where as in Australia its quite the opposite. We have a strong net migration of people coming to australia, but construction of new housing is not meeting these demands. So in…[Read more]