Why your Investment Property Could Thrive from a second GFC

Debt, Recession Global Financial Crisis (GFC). These are terms we hear a lot lately. But if you look back at property in times gone by, an economic slump around the world could potentially be a good thing for your investment property.

This is because historically, financial crises have sent investors scurrying to the relative safety of housing, which is nowhere near as volatile as other forms of investment such as shares and the like.

Another trend that tends to occur during such times, where countries find themselves in financial crisis, is that people leave in favour of greener pastures. Therefore, if the situation deteriorates in Europe, as it looks to be doing, Australia might find itself, once again welcoming a new wave of European migration. While the US have commenced printing more money to inflate itself out of debt, the countries in the European Union don’t have this option.  The thousands of disgruntled Spaniards, Irish, Portuguese, Italians and Greeks may seek their fortunes here, in Australia as we are protected from the European economy  because of our reliance on Asia.

This influx of migrants will in turn generate economic growth and the housing market will boom for investors in the areas where they choose to settle –  just as our history shows. Capital cities would be the best affected by this, but they could also find employment and migrate to our regional areas.

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About davidcutlerproperty
David Cutler is a highly successful sales consultant at Gary Peer Caulfield. David provides clients with six star service customised to their individual needs. From formulating marketing strategies, through to completing contracts, he is diligent, dedicated and highly motivated to achieve the best results. His growing base of happy clients is testament to his ability to develop strong relationships based on mutual respect and integrity. When he is not busy selling property David spends quality time with his young family. And when time permits he also enjoys on and off road cycling and is an avid fan of rugby union’s Springboks.

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