Kochie cuts through property investor spin

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I haven’t watched Sunrise for many years, but the above segment aired earlier this week is well worth a watch.

The segment shows two property “super investors” that have accumulated dozens of investment properties in a bid to get rich. Host, David Koch, cuts through the spin and highlights many of the dangers in their approach. He also suggests that buyers should wait to purchase, given the overheated state of the market.

The look on the face of the property “mogul mum”, Linda Lieu, is particularly revealing whenever Kochie mentions the amount of debt that she is holding ($4 million).

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.