Self managed super warned over housing

Posted by Simon Dehne on November 16, 2015 in Latest News with No Comments

Financial PlansSelf-managed superannuation fund trustees have been warned against making big bets on residential property.
With many SMSF trustees are already invested in residential property outside their super fund, there is an argument against directing a large part of their super to housing as well, AMP Capital portfolio manager Christopher Davitt and AMP chief economist Shane Oliver said in an on-line article.
In the 1980s, the rental yield on commercial and residential property was similar, but that’s all changed, they said.

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