24.08.2010 - Property investors go for quick capital gains
From Theaustralian.com.au: An Australian Housing and Urban Research Institute report this month said 80 per cent of investors buy for long-term gain, but at least half sell within five years because of cashflow problems or disappointing capital growth. One in four investors sells within 12 months. Developers in Sydney are reporting strong demand for new residential projects following stamp duty concession by the NSW government this year...........................................Full Article: Source
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