You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

23 Mar 2017 (AFR) – Property investors, agents lured with discounts, holidays, perks

[COMMENT: Now, I have to ask you. What does this tell us about the state of the property market? Is this the sort of thing that happens towards the market top when developers start to have trouble selling their projects?]

(23 March 2017, AFR, p31, by Duncan Hughes)

‘Lenders and developers are offering property investors lucrative incentives ranging from annual commission payments of $100,000, loan discounts of more than 100 basis points and cash incentives, a review of top deals reveals. Developers are also encouraging investors with promises of deluxe fixtures, rental guarantees, price discounts and ‘special deals’ before state-based tax-break deadlines expire, it reveals. Fintrack Strategies, which aggregates lists of investment properties for financial advisers, accountants and mortgage to choose from for their clients, is offering annual commissions of…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: