My Property Buyers Agent
Apr 27, 20201 min
Another great insightful article into the future of property investing in Australia from John Linderman.
Key Take outs:
1. Short term increase in rental property supply due to the collapse of the short term rental market (AIRBNB etc). Many owners will look to move their properties into longer term rental tenants causing an oversupply, longer vacancy periods and reduced cash flow.
2. Long term increase in rental property demand driven by two key factors:
- Shortage of rental properties as some investors will sell their properties, construction of new properties will slow and new investors are simply holding off waiting to see the impacts of the crisis
- Demand on rental properties will grow due to home owners becoming renters and the high number of overseas arrivals continuing as Australia is seen as a safe place to live.
Don't panic - Hang in there if you can