Property investors are the most influenced by negative global sentiment and the lower level of property investment ownership in WA will leave the State less exposed to any negative impact following the UK’s decision to leave the European Union last week.
Property investment important to Western Australians
Negative gearing encourages property investment, and helps people retire with confidence, reducing the burden on the federal government, says REIWA president, Hayden Groves.
The Western Australian government's decision not to reinstate the first home owners grant is a missed opportunity, but there is still good value to be found in Perth.