What happens when population increases and petrol prices rise? Strictly in terms of transport, the cues are distinctly clear. More population means more vehicles on the roads and this implies further congested roads. Rising petrol prices would imply vehicle-owners’ penchant for driving for lesser hours- not possible in congested roads. This clearly illustrates why transport infrastructure is such an important pillar of the economic growth.
Tracey's Property News
Sydney Vacancy Rate at Abysmal Low
Vacancy rate does not need to come down to zero level for the experts to call it “crisis level”. Pete Wargent, in a well-researched article for the Property Observer, says Sydney’s 1.3% vacancy rate is clearly a cause for concern.
Have Prices Maxed Out in Sydney and Melbourne?
In an article for the website Property Update, Michael Matusik sheds light on how capital growth is relatable to a rise in household income, interest rates and the demand-supply dynamics, among other things.
DIY Operations By Tenants is A Bad Idea
Sometimes when a landlord rents out to relatives or friends or becomes really friendly with the tenants, he may get carried away and say yes to requests like, “Can I make a moderate change in the bathroom fixtures?” or “Can I work on the attic vents a little?”
Negative Gearing May Not Be a Lucrative Strategy
Are you a lobbyist of negative gearing or a devout follower of positive gearing? The much talked about; hotly debated strategy of the property market- negative gearing- relies on capital growth. In times when the market runs through the course of several cycles without exhibiting substantial capital growth, the very idea of negative geared properties can fall flat on its face. This, though, is not the entire problem. Let us probe the issue further.
A Cheap Purchase Is Not Always a Bargain Buy
The really cheap properties are not necessarily bargain properties. A bargain buy (while there is no strict definition) is one that you purchase a lot below-market rate for the purpose of living or reselling. However, unless you can derive some real profit from the purchase, it won’t be called a bargain purchase and may remain only a “cheaply bought” property.
