Sure, I could talk to you about how soaring immigration rates are going to push prices up.
I could wax lyrical about what the housing crunch is going to do to prices.
And I could go blue in the face about why rising interest rates doesn’t matter a lick for property prices.
Rather I’m going to talk to you about rents.
You might have seen in the news that vacancy rates are at under 1%.
Here’s the thing…
That’s a 16 year low.
And incredibly good news for investors.
Why? Well, think about it…
Where does your cashflow come from when you’re investing in residential property? Most often it’s your tenant.
It’s your tenant that lines your pockets.
It’s your tenant that (mostly) pays off your bank loan.
And so, when vacancy rates are so low and rentals are in demand, guess what you can do?
RAISE YOUR RENTS.
That’s yet another way to tame the inflation beast.