The benefits of investing in property through crowdsourcing
A look at how crowdsourcing allows investors to collectively pool their money into developments, creating a larger overall investment, and potentially greater returns.
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.
"There’s a lot of renewed faith in the Gold Coast after the GFC and real estate is a safe and solid investment compared with the volatility of shares and low returns of bank deposits."
The feasibility of syndicate investment is being realised due to the trend of bank’s loosening lending requirements on retail, industrial and commercial property.
With negative gearing only available for investment in newly-built residential property existing investors will find it more difficult to sell their properties as other investors will show little interest in existing property with inevitable falls in value to follow.
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.