A list of arguments for buying an investment property in 2020 cited the record low 0.75 per cent cash rate, the removal by APRA of the cap on investor loans and stronger competition from non-bank lenders. It drew on PIPA’s Annual Investor Sentiment Survey, in which 82 per cent of investors considered it a good time to buy, up from 77 per cent, and on research putting the cost of trying to time the market at about $140,000.
Reported by
Bill Tsouvalas, Homely, 17 February 2020
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