Quote:
Originally Posted by MrBaldBastard
The problem is each of us is in a different market, your 25% increase over 10 years can't be compared to my 250% + increase here in Sydney over the same time frame ;)
I'd say 1/2 the investment apartments sold here.. don't even bother to get tenants. If you have CASH.. plonk it in Sydney property, or as in Tommy's case German. (only guessing that no idea of German market )
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I'm just using that 25% as an example of buying in the bubble. My other properties from 2002 and on are up 200%+
And what do you mean by " 1/2 the investment apartments sold here.. don't even bother to get tenants"..I'm confused. Why would you buy an investment property and not fill it with tenants?