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Matt Ball: Property Investor Federation Manager on Cotality housing data
Published 1 month, 3 weeks ago
Description
A changing property market could start shifting landlord trends.
Fresh March quarter data from property information firm Cotality shows almost nine in ten residential properties are being sold for a profit - but it remains below the peak of more than 99-percent in late 2021.
Property Investor Federation Manager, Matt Ball told Ryan Bridge there's likely to be a rise in corporate style landlords - as rules and regulation changes don't favour the mum and dad type investor.
He says it wont be the causal investor trying to get in the market - it will be ones with purpose who know how to make money out of it.
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