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Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Property investments are predicted to become profitable after being held for five to seven years.
"I think if you're looking for five to seven years onwards that's when you start to make money on property. And if you can hold on to it even longer term it's a great investment."
Real Estate Investment
Pending
Buying and selling a property within 2-3 years is unlikely to yield a profit due to closing costs and the risk of insufficient appreciation.
"I think if you're looking to buy a property with a view to kind of getting in and out within two or three years, then invest your money somewhere else. Like it's not what the the closing cost you'll pay at either end of the transaction and the risk of it not appreciating enough in time. It's not going to make you money unless you're fine with that."
Real Estate Investment
Pending
Property investments typically become profitable after holding for five to seven years, with longer holding periods resulting in better returns.
"Um I think if you're looking for five to seven years onwards that's when you start to make money on property. And if you can hold on to it even longer term it's a great investment."
Real Estate Investment
Pending
Lindsay expects her current house to appreciate significantly by the time her children leave home (within approximately 2 years of the video's publication), allowing her to downsize and use the accumulated equity to substantially fund her retirement.
"if I can hold on as long as I can it will appreciate more so I'm going to have a bigger you know contribution from my house towards my retirement too because once I downsize I'm not going to need all the money from the house you know I'm not going to need a property this size when I when my kids are gone so it also becomes a retirement piece because hopefully it will have appreciated enough to contribute to my retirement too."
Personal Finance / Real Estate
Pending