Search results

Also depends on where you want to live. If you want to live in an area where yields are 6% it might be better to buy. But if you want to live where yields are 2% renting is a good option (then buy IP in the area yielding 6%).

A plan could be to accumulate IPs while renting, then debt recylce when the PPOR comes along.

There's a lot of comments from people about how they bought a PPOR 10 years ago and have been better off than renting because of the capital growth. That's fine, but the last 10 years were some exceptionally good years for property. What about the next 10?

Indeed prices will take a breather. With all that inflation there is only one thing we can expect to happen............

You are looking at 500k houses. Try looking at a house which is 1m or even 2m and that is block value only - so the house is old and run-down. How much would this rent for? The answer is about the same as your 500k house, but in a far better location.

Exactly. This an investors discussion board.

Ditto. The investments are cashflow pos after tax. Paying peanuts for rent in a blue chip suburb. Meanwhile many of my mates are getting slammed by mortgage repay'ts. Still, gotta remember - the PPOR is a lifestyle decision. Albeit an expensive one.

Those of us who rent invest our spare cash, not spend on luxuries. All good several years ago Steve, but this strategy relies on your PPOR increasing in value. With the very real prospect of no growth within the next "x" number of years, this would not be a wise strategy in todays market -...