Where do you sit in the property market? Is your personal property portfolio normal for your age and income?
In 2005 the Reserve bank commissioned a report to investigate just what was normal for household property investments.
They found that your age, who makes up your household and your wealth all have particular relationships to the value of property, whether you have investment properties, and how you gear the investment.
You can read the paper here;
PROPERTY OWNERS IN AUSTRALIA: A SNAPSHOT
by Marion Kohler and Anthony Rossiter, May 2005
Economic Research Department
Reserve Bank of Australia
Wednesday, February 6, 2008
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1 comments:
Thank you for your kind words
on my blog...
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