When it comes to investing, the degree of control you have over your assets can shape the type of asset classes you find yourself investing in.
So, when asked the question ‘Why should I invest in property?', I like to borrow the line attributed to notorious bank robber Willie Sutton and answer: ‘Because that's where the money is.'
The residential property market is the biggest asset class in Australia, worth around $7.1 trillion.
Now, if you wanted to go out house shopping and found the worst suburb in your closest capital city, then found the worst street in that suburb, and then found the worst house in that street, a number of lenders in Australia are still likely lend you up to 95% of the value of that property (providing you qualify for the loan).
That means that for as little as 5% of your own money (plus stamp