WHY THE RICH LOVE PROPERTY
Calnan Flack Adviser Andrew McKeen worked for the ATO in a previous life and was privy to auditing some of Australia’s biggest corporations and richest citizens. It was here that he got a first-hand look at how the rich invested and just why they LOVE property.
Important Points from this discussion:
- Increase in values due to the Effortless Advantage or Economic Rent
- Passive income compared to having to work, or intensively manage
- Massive tax advantages
- Relatively low volatility
- Banks love to lend money to buy it
Want to know more? Like where each property market is in its own cycle? Then join us at the Calnan Flack Annual Property Investors Update.
PREVIOUS BLOGS IN THE PROPERTY INVESTORS UPDATE SERIES
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