All Topics / Help Needed! / Suburbs with high household debt

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  • Profile photo of property1234property1234
    Member
    @property1234
    Join Date: 2009
    Post Count: 18
    April 2, 2012 - 6:04 am

    Hi,

    I was reading an article recently that mentioned an interesting (or quite obvious when you think about it) tactic for property investment.

    It just mentioned targeting suburbs with high household debt for potential “bargains”.

    Does anyone know where you might find the records or data for high household debt?

    Thanks

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544
    April 2, 2012 - 9:56 am

    RBA recently released a discussion paper on this topic. Try the RBA website for full speech/report.

    Property Observer wrote a summary of the research available here

    Profile photo of property1234property1234
    Member
    @property1234
    Join Date: 2009
    Post Count: 18
    April 3, 2012 - 7:21 am

    Wow thats great.

    Thanks for that!

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