Not everyone is a winner
Many people believe you can’t lose money buying residential property, but that’s not the case. Just ask those who have suffered losses from buying and selling homes and units in boom-bust markets such as Perth, Darwin and the Gold Coast. And real estate losers are not confined to those places – anyone buying at or near the top of a cycle and selling at or near the bottom is likely to lose money, regardless of the location.
A friend’s
