“It may also mean buying an investment grade property in an established capital city market, while others are being distracted by the short-term headlines.”
Michael Yardney · Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Property Investors: Why Playing It Safe Could Cost You a Fortune
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What was described
recommend buying investment-grade property in an established capital-city market while others chase short-term headlines
Said nearby on the same subject
“Our strategy is all about buying an established property in a blue chip location, then you be the developer, knock the old house down and then build new. Don't sell them, keep them, but you're the developer, you've got the developer's margin and you control the risk.”