Investors wanting to reduce cost and risk doesn’t imply they need regular income
income offsets the cost and risk.
Like if you own a house that costs $5k in while vacant, but an extra $5k in maintenance while rented, why wouldn’t you rent it for $50k? Investors always want that extra $40k. There is some risk but it’s manageable.
Speculative vacancy is, IMO, barely worth a mention as regards Australia’s housing crisis. People might want their investment properties vacant in very specific circumstances for limited periods of time but not in a general “this property has been vacant for 5 years” kind of way.
income offsets the cost and risk.
Like if you own a house that costs $5k in while vacant, but an extra $5k in maintenance while rented, why wouldn’t you rent it for $50k? Investors always want that extra $40k. There is some risk but it’s manageable.
Speculative vacancy is, IMO, barely worth a mention as regards Australia’s housing crisis. People might want their investment properties vacant in very specific circumstances for limited periods of time but not in a general “this property has been vacant for 5 years” kind of way.