Comment on Create a race to the bottom in the rental market
UnfortunateDoorHinge@aussie.zone 9 months agoYep. I bet my landlord is barely, if it all, breaking even on yield. Whereas I’m sitting on my arse investing in ASX: VAS getting 12%.
Why people go the lengths to get a loan, buy a flat, find a tenant, do all the maintenance and paperwork, all to get 0.1% yeild, and maybe an increase in value? I mean the last 30 years yes it would be wise, but you can’t just say it’ll be like that in the future.
Also, if I need the equity, it’s liquid, unlike houses.
IncongruousMonkey@aussie.zone 9 months ago
IP is typically leveraged, effectively multiplying returns.