PROP059 How to avoid property investment failure (663 words)

Like all investments, there are risks associated with investing in property, as this article explains.

There is an old saying that no investment is as safe as a bricks and mortar investment, but is that really the case or is it something that we just like to believe, spurred on by what appears to be the never-ending increase in property prices?

While it’s easy to think investing in residential property is a fail-safe way to make money, there are endless traps for anyone hoping to get rich quick by buying into property.

Most economists believe the steady price rise in Australian housing during the past two decades is due only to two factors.