More than four out of every five investors in Sydney and Melbourne who purchased property since the start of the pandemic in February 2020 are negatively geared as a result of skyrocketing mortgage rates, according to PropTrack data provided to The Australian.
In Sydney, 87.5% of investment homes purchased since the beginning of the pandemic are operating with negative cashflow, whereas in Melbourne the figure is 83.3%.
Nationally, 66.4% of recent property investors are losing money.
“What we’re seeing since the pandemic is mortgage rates increase faster than rents, although rents have increased very quickly”, said senior economist Paul Ryan.
“The balance has shifted as we’ve come out of the pandemic and interest rates have increased”.
Advertisement
广告
广告
广告
广告
广告
广告
More Stories
2024 年 5 月 20 日星期一 ASX 200 值得关注的 5 件事
一位地主“出于恶意”在他的土地上建造了一座 10 英尺宽的平房,因为他的百万富翁邻居抱怨他们将一块废弃的土地用作额外的花园
中国汽车制造商奇瑞依靠电池技术加速向电动汽车转型,着眼于Gution的固态变体