Good insight, thanks Michael! - I think there are some real benefits to purchasing property in those “Lifestyle” Cities. Do you have any suburbs to watch in that area?
Hi Jacob, because of recent changes to tax deductions investors receive when buying an investment property most people need to buy new properties, not existing ones. So I would target a master planned estate developed by a company with a track record of delivering on their promises. A company like MAB Corporation or Lend Lease for example. The other key thing to be aware of is when to buy in those estates. But that is a whole new topic.