Hi all,
I joined this forum many years ago. I have done some projects in the early 2000s from dual occs to land subdivisions and a commercial property . since then I have offloaded all my projects and have not invested since 2011. Since then a lot is happening in the Australian market and I’m a little cautious in putting my money into local real estate especially here in Victoria with all the new taxes. I have friends that have offloaded many properties due to the cost of upkeep obviously none of these were positive geared and with the new land taxes that tipped them over the edge and forced them to sell . So I’m looking at investing locally either in residential or commercial but open to the option of investing overseas.
Love to know your thoughts thanks in advance.
John
This is a fantastic discussion! The choice between investing in Australia vs. overseas comes down to your long-term goals and risk appetite.
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