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It’s Easier than You Think to Lose Money on Property

AT A time when first home buyers compete desperately to “win” at auction and investors fork out huge sums for homes close to the CBD, it’s easy to forget there are some genuinely terrible buys on the market.
It’s assumed that if you manage to get your foot on the property ladder then you have crossed over to the winning team and are now on a capital growth trajectory headed toward the skies.