PIPA’s yearly sentiment survey recorded 65 per cent of investors naming long term capital growth as their chief reason for picking a property, against just 1 per cent citing short term tax benefits. Most held more than three properties, expected negatively geared holdings to turn positive between 2024 and 2029, and 48.9 per cent were prepared to buy outside their home state.
Reported by
Sam Gordan, Financial Review, 6 December 2023
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
