These 2 articles were referenced in a thread on the other forum last week and I wanted to give them more prominence and hopefully get some more discussion and input from the smart members here.
https://stockhead.com.au/uncategorized/the-secret-broker-for-stuffs-sake-or-why-shares-beat-property-every-time/
https://aucklandpropertyrealitycheck.substack.com/p/renting-vs-buying-property-in-new
Like the titles, they essentially say that shares beat rental property as an investment and I can't say that I personally could see any issue with what they write.
So it's got me thinking about my situation. Anyone else care to opine?
The risk you face as a propertry investor
https://www.nzherald.co.nz/nz/papakura-rental-property-in-auckland-completely-destroyed-after-tenants-evicted-for-rent-arrears/67TPJHNRAZH7LH2WOPAQQRUK6Q/
Quote from: entrep on Apr 21, 2023, 03:33 PMThese 2 articles were referenced in a thread on the other forum last week and I wanted to give them more prominence and hopefully get some more discussion and input from the smart members here.
https://stockhead.com.au/uncategorized/the-secret-broker-for-stuffs-sake-or-why-shares-beat-property-every-time/
https://aucklandpropertyrealitycheck.substack.com/p/renting-vs-buying-property-in-new
Like the titles, they essentially say that shares beat rental property as an investment and I can't say that I personally could see any issue with what they write.
So it's got me thinking about my situation. Anyone else care to opine?
I'm happy to opine🤭
1. the secret broker on Stockhead is always worth reading.
2. Property is generally easier to leverage than shares as a stand alone asset class - more leverage good when prices going up but....
Quote from: Basil on Apr 24, 2023, 09:34 PMThe risk you face as a propertry investor...
I'm glad I'm out of that market. Saw this coming with the "average" voter getting more entitled and the sheer number of brats out there these days...
Then there is the general attitude that if you have a house and are a landlord you are a "rich prick" and thus need to be milked of your hard earned...