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Australia: Lords of property confidence

Posted on 26 November 2012

More than three-quarters of landlords are feeling positive about their property investments despite falling prices. A new report by research group BDRC Jones Donald says 77 per cent are positive about their real estate investment and one in five plan to buy another property within 12-18 months.
The high level of confidence is “a surprise”, says BDRC Jones Donald managing director Roger Donbavand, who attributes it to rising rental incomes and low vacancy rates. “Those who increased rents last year are more likely to make further increases in the next six months,” he says………………………………………..Full Article: Source


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