Why The Rich Love Property 

5th of July, 2019

Calnan Flack Adviser Andrew McKeen worked for the ATO in a previous life and was privy to auditing some of Australia’s biggest corporations and richest citizens. It was here that he got a first-hand look at how the rich invested and just why they LOVE property.

Important Points from this discussion:

  • Increase in values due to the Effortless Advantage or Economic Rent
  • Passive income compared to having to work, or intensively manage
  • Massive tax advantages
  • Relatively low volatility
  • Banks love to lend money to buy it

Want to know more? Like where each property market is in its own cycle? Then join us at the Calnan Flack Annual Property Investors Update.

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IMPORTANT NOTICE

Disclaimer: Any opinions or recommendations expressed here do not purport to Financial Advice but rather should be considered General Advice and does not take into account your personal needs and objectives or your financial circumstances. You should therefore consider these matters yourself before deciding whether the advice is appropriate to you and whether you should act upon it. Should Financial Advice be sought, we suggest you seek such advice from an appropriately qualified advisor. Any growth rates, yields, rental income, tax rates, interest rates, depreciation rates, inflation rates Dividends per Share (DPS) and Earning Per Share (EPS) etc shown are estimates only and should not be used as a guide to future performance. Past performance is not necessarily a guide to future performance and should not be relied upon for this purpose. Authorised Representative of PGW Financial Services Pty Ltd – AFSL 384713 ABN 15 123 835 441.