Holiday home investments are a prime example of a well-worn trap many investors fall into: having too narrow a focus when it comes to searching for the best investment property.
Outdoor areas in investment properties contain a number of structures and assets which are worth thousands of dollars for their owners. These items also experience wear and tear over time.
"Lenders are being overly cautious with investment lending, where the property owner gets tax breaks, and over zealous with owner occupiers, where they get no tax breaks."