Investors return after budget tax curve ball
The share of homes bought by investors compared to owner-occupiers is returning to levels seen prior to the federal budget.
The share of homes bought by investors compared to owner-occupiers is returning to levels seen prior to the federal budget.
The Federal Budget tax changes has created a wave of inexperienced investors who mistakenly believe that new-build home contracts are sale and simple, and they are blindly and dangerously signing contracts they don’t understand.
Leanne Pilkington is CEO and Director of real estate network Laing+Simmons, with over years’ experience in the industry including. What has she learned along the journey? She shares her wisdom in her own words:
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But auction volume rates are still low, trailing year-on-year numbers for nine consecutive weeks.