Is everything really as bad as some may have think?
If you’re at the beginning your property investment journey – chances are you have been overwhelmed by the doom and gloom of potential changes to the market.
This week watch Michael explain and discuss how beginning investors can protect themselves in a changing market.
This weeks question:
I’d be interested to know how you’re ‘living off equity’ strategy has changed for those starting out, in this changing environment;
- Higher interest rates for investors and interest only loans,
- Forced principal and interest repayments because we can’t extend interest only terms,
- Lower loan to value ratio is available, less access to equity, and
- The proposed removal of plant & equipment depreciation deductions for established properties.
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