Quote Originally Posted by RTM View Post
Yes. I am seeing it within my own family.
And those new investors often already trust property. So the Retirement companies, VHP, PFI etc are probably going to form part of their investments that they are already comfortable with. So while they might be concerned about the sharemarket…..they may feel more confident with real estate sector of it.
The end game is that there will be fewer and fewer rentals on the market and rents will go up as demand increases and supply diminishes. My end game is to go through this short term pain with my rentals to reap the increased rent rewards in 3-5 years time. This is not good for renters no matter how well intentioned by this govt.