It’s Time to Buy an Investment Property
Are you ‘wealthy’ in terms of having a lot of asset and a good income from either your work or asset base or both? Maybe you don’t think you are wealthy yet but you know somebody you are certain is wealthy.
There is one thing that is almost a certainty that all wealthy people have in common and that is property ownership.
In this the land of the fair go, new income distribution figures show how much of the nation’s income ends up with the few. (This blog about “income”, not to be confused with ‘wealth’, which is discussed in a blog below). It’s all part of the same discussion with the world’s growing concern about inequality.
We’re not too bad in Australia but things are certainly getting better for the wealthy and, of course, it is more obvious depending on the area in which you live. Sydney has been revealed as Australia’s most unequal major city in new income distribution figures from the Australian Bureau of Statistics. Read more
If you live in the NT, then 6.5% of total income goes to the top 1%, whereas in NSW 11.4% of income goes to the top 1%. If you live in the CBD, Haymarket and the Rocks then 22.9% of total income is going to the top 1%!
Seem the only way to ensure you are not going to be left behind is to get some good advice on property investment and find out how to develop a performing property portfolio as soon as possible.
Follow us:
Like us on Facebook
Twitter: @LimeProperty1
~ Lime Property Solutions
