Comment on Create a race to the bottom in the rental market

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UnfortunateDoorHinge@aussie.zone ⁨8⁩ ⁨months⁩ ago

Yep. 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.

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