jayhinrichsParticipant@jayhinrichsJoin Date: 2011Post Count: 1,177
Just checking in all quiet on the western front.. really amazed at how quiet AU investors have become vis a vi the USEngeloRumoraParticipant@engelorumoraJoin Date: 2010Post Count: 618
Just checking in all quiet on the western front.. really amazed at how quiet AU investors have become vis a vi the US
Aussie market is booming Jay and too many got burnt.
Unfortunately many are also caught up in the “buy high”, hope to “sell higher” mindset.
ThanksNigel KibelParticipant@nigel-kibelJoin Date: 2005Post Count: 1,425
I think a lot of people have been burnt and its true that the Property market is strong but thats a good reason to stay out of it.
The other issue is the falling Australian Dollar. However if you want to trade properties or buy great quality investments there has never been a better time to do so. Consider
A rising market coming off record lows
Finance coming back into the market (recently funded an apartment complex for 70%)
Strong rental demand
Strong demand for owner occupier homes
Florida current has around 1,000 people a day moving there the same thing happened in Texas and it pushed up rents.
Even if you have never considered the United States you should at least explore the option.