Did you know commercial property is having a bit of a rough time? With remote and hybrid work becoming the new norm, office spaces are feeling a tad lonely.
Superannuation funds, which often invest in these properties, might be in for a rollercoaster ride.
But hey, every cloud has a silver lining: tighter lending might curb new development, giving existing properties a chance to bounce back! Particularly if property funds like this continue to not let you have your money back!
Or you could buy #bitcoin and self custody in an #smsf
“The money always gets paid back, either by the lender or the borrower but it always gets paid back.”
With all due respect this guy is old as shit but well worth a listen cause history might not repeat but it often rhymes, and I reckon he’s seen more history than most of us!
“Over the moon: Grandma almost triples her money in $4.35m auction payday. A Pymble home that last traded for $1.625 million 17 years ago sold for $4.35 million at auction.”
In other news rampant debasement of money reduces spending power by a factor of 3 in nearly two decades.