Aussies 'quite prepared to cash in their super but won't sell their property' | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

One in four Australians are 'quite prepared to cash in their superannuation, but don't want to sell their properties' amid the coronavirus pandemic.

One in four Australians are "quite prepared to cash in their superannuation, but don't want to sell their properties" amid the coronavirus pandemic. REA Group Chief Economist Nerida Conisbee told Sky News Australia the survey by Fidelity Investments “was really interesting because it shows the level of confidence people have in housing”.

“There can be risks in housing investment, I mean if you have a look at the moment, there’s problems with rental demand. “Many locations are seeing drops in rentals, values aren’t holding up. “One of the things that does seem to be helping the property market is the stable banking sector, but also this flight to quality. “A lot of investment types that are perceived as more safe than others do seem to be attracting a lot of funds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Im prepared to ask gov for help? Why won't they. Taxes are high, its a natural disaster? Perhaps we can get aid from a poorer country? Expect more from a aaa rated country.

Apperently, 9 out of 10 Australians prefer to drink water rather than piss.... What kind of garbage is this? Are you even remotely capable of doing an ounce of real journalism? Clowns

Whistleblower virologist Dr. Li-Meng Yan interviewed by newsmax TV: COVID19 is a lab modified virus, based on a bat virus discovered by Chinese military. They called it ZC45 and ZXC21. you can check the sequence from NIH genbank database CCPVirus

💥Universal magical vaccine is not realistic!More works have to be done 💥CCPVirus has high mutation rate 💥CCP not just made COVID19,more🦠 is coming WarRoomPandemic BiologicalWarfare HimalayaSquad

Let SMFSs invest in their own homes. Best of both worlds.

And which 'asset' will be of greater value at retirement? I know which one I'm betting on.

Australian cost of living is so high..70 per cent of income goes in tax, electricity, rent, council rate, license, fines, school fees, transport, parking etc..no of the media or the people question what needs to be done. when petrol sells for less than water what can you expect?

They will regret it when they cant retire.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in PROPERTY

Property Property Latest News, Property Property Headlines