I agree that local properties aren't the best options right now. :moneyflies:
I am currently looking at overseas properties though.
But I'm kinda stuck on which country to invest. My take on the various countries:
Malaysia: Politically unstable - anyhow can suka suka change policies. LKY also said they can change with \"a stroke of the pen\" :xedfingers:
Thailand: Politically v.unstable
Philippines: Social unrest
London: Prices could have peaked
Australia: Restrictions on reselling - can only resell to Aussie locals or PRs
USA: No leveraging factor
However, i also came across this website http://investnzproperty.com
There's quite a fair bit of information on New Zealand Property Investment. According to the website, investors can get 8% rental yield + cash-flow. Might be worthwhile checking it out.
P
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RE: Any good Investment recommendations?