colinrealestate

An associated result of the Budget appears in the investment property market, where the shift in depreciation advantages is projected to see a lift in rental property sales, by those investors exposed through low equity alongside the drop in depreciation. While some pundits believe those retaining their rental properties will increase rentals to counter the lower tax claw-backs now available.

This result seems highly probable in those markets where building remains at low levels, ensuring pressure on existing rental property.

The corollary to all that is there will be at the very least a noticeable lift in the number of properties in the lower end of the market available for purchase. Whether it’s first home owners or well-heeled investors that purchase these listings remains to be seen.

If you are in either of those markets, keep your eyes out for opportunity and give me a call to discuss your options!

Filed under: REAL ESTATE | Tagged: Real Estate