Only around 15,000 people in Australia own more than six investment properties – so how do you gain the confidence to build your portfolio to six or more properties and become financially secure? And is it better to rent or own?
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Written by Matthew Lewison
Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.