In this episode, we discuss how the Coronavirus might change your investment strategy. The decrease in interest rates have two effects:
- They decrease the return savers get through term deposits
- They increase the return property investors get through lower borrowing costs
It is not likely that property investors can get a higher cash return from their deposit as opposed to keeping their money in the bank. These small changes in interest rates can have a big impact to the bottom line.
We also mention the Opes Partners Instagram. Follow us there to get more regular property investment content and updates.
The Property Academy Podcast