I want to be financially free, I am no good with stocks and shares, ITFs and all that, so I feel like the best thing I can do is buy bricks and mortar. I have the loan deposit ready and loan approved.
- Do you think the current trends indicate the market is going up, sales have risen and clearance rates in the areas which I want to look at are quite high at 70% form 40%.
I am looking at positively geared properties with potential growth and this particular areas which I have looked at show this.
My worry is, interest rate hikes, how a recession may impact me in terms or rates, value of household etc.
I want to be financially free by 35 and just step back from the rat race, and travel the world.
I currently own a negatively geared property