Is now the time to buy an investment property?
Ann Lindner - Tuesday, April 21, 2020
Key points:
- I believe there will be a 'sell off' from those who have lost their jobs and or businesses and cannot afford a mortgage, so there will be good deals around for those cashed up Buyers.
- Many holiday rentals/Air BnB etc have put their properties into permanent rental pools so rental returns will drop due to this increased supply.
- Many tenants who have lost their jobs are returning to live with Mum & Dad so the demand for rentals will drop.
