real estate laws
Is it a truly bad time to invest in Australia’s real estate?
Posted on February 27, 2007. Filed under: buying property, buying real estate, housing, real estate, real estate in the Pacific, real estate keywords, real estate laws, real estate market, real estate news, real estate report |
by Global Property Guide team
The Daily Telegraph in Australia reports that “rents will jump due to a dramatic fall in the number of apartments built this financial year” (courtesy of BIS Shrapnel) and that because of the superannuation law that is due to change in the second half of this year, most properties are being bought by owner-occupiers.
(What is superannuation? Superannuation is a form of savings where money is set aside by you and/or your employer and invested for your retirement. It is generally an ideal way to invest money for your retirement. Many funds also pay benefits if you die, or if an illness or accident makes you unable to work. See Superannuation)
How does this affect Australia’s rental market in general? You can check out the following links to relevant news about the critical situation in Australia’s real estate today:
Australia: Rents to jump for years
Australia’s rental crisis to get worse, say agents
Peter Ryan reports on Australia’s worsening rental property outlook
Be fair and fix a price for rental properties
We are inviting you to discuss this into our growing roundtable, see the GLOBAL PROPERTY GUIDE FORUMS.
Read Full Post | Make a Comment ( 3 so far )
Real Estate Buzz 