I have issued warnings again and again to be careful about over commitment, especially those brain-washed negative gearing followers. I have met people who only believe in owning high end investment properties because of higher rental income, but not necessarily higher return.
This pandemic is a reality check for the reckless investors who have been deafened by just hearsay and convinced by snake oil salespeople.
High rise and high density living dwellers are likely to experience depression more than many suburban counterpart.
I predict the new post COVID-19 normal life at the suburbs will not suffer as much as Melbourne and Sydney CBD where many high rise apartments dominate the skyline. Without the presence of tens of thousands international students, demand of accommodation will not recover, neither will the traders who rely on their business.
I am glad I chose to live in the suburb long time ago, even though I had to rely on public transport. Later, I also tried to find employment near home or workplaces that were against the general traffic flow to-and-fro.
If you have a choice, think of fresh air, ale=nd your own space to move about out side your home.
Thank you for reading.
This pandemic is a reality check for the reckless investors who have been deafened by just hearsay and convinced by snake oil salespeople.
High rise and high density living dwellers are likely to experience depression more than many suburban counterpart.
I predict the new post COVID-19 normal life at the suburbs will not suffer as much as Melbourne and Sydney CBD where many high rise apartments dominate the skyline. Without the presence of tens of thousands international students, demand of accommodation will not recover, neither will the traders who rely on their business.
I am glad I chose to live in the suburb long time ago, even though I had to rely on public transport. Later, I also tried to find employment near home or workplaces that were against the general traffic flow to-and-fro.
If you have a choice, think of fresh air, ale=nd your own space to move about out side your home.
Thank you for reading.
