Quote:
Originally Posted by Astro_Bot
I think the general idea is that a proportion of investors, perhaps including yourself, would be forced to divest themselves of investment property/ies. More properties for sale would cause property prices to fall.
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See, there's an incorrect assumption.
Choice 1) liquidate property, at probably a loss due to excess supply.
Choice 2) increase rent to cover costs, retain investment due to drop in supply keeping rental market tight.
I certainly know which one I would be doing.