What the Victorian State Budget Means for Property Investors

<p>In their latest budget, the Victorian State government announced a series of measures that will cost the average investor an extra $1,300 per year…</p> <p><br></p> <p>At a time, when interest rates are at the highest they have been in for over a decade…</p> <p>At a time, when rental returns in Victoria are amongst the lowest in the country.</p> <p>That’s why I’m doubling down on my statement that Melbourne is the worst property market for most investors.</p> <p>And it’s not because property prices won’t rise.</p> <p>They will!</p> <p>There just aren’t enough properties for people who want to live there. So the fact that demand is higher than supply will drive property prices higher.</p> <p>But what’s the point of buying an investment property that rises in value, only for it to bleed you dry in the process?</p> <p>What’s the point of buying an investment property that rises in value, but hurts your ability to build a property portfolio?</p> <p>For those of you who have read my book, Wake Up Wealthier, you’ll know I say that Capital Growth is the destination, but cash flow is the journey.</p> <p>If you cash flow dries up, there goes your dreams of financial freedom.</p> <p>And the Victorian State government’s latest budget will definitely eat into your cash flow.</p> <p>I explain everything in this episode.</p> <p>Here’s a snapshot of what you’ll discover…</p> <ul> <li>How the Victorian state government plans to legally siphon $4.7 Billion from average mum and dad property investors</li> </ul> <ul> <li><strong>EXPOSED!</strong> The secret cover up! What the Victorian State government failed to reveal in their 2023 budget announcements … and why it actually makes things worse for property investors.</li> <li>Proof that property investors are not welcome in Victoria. Why politicians will continue to drain our cash flow to line their coffers</li> </ul> <p>Plus so much more…</p> <p><br></p> <p>--- Looking for a blueprint on how to build passive income through property? Then get a copy of my book free