Let's talk about REITs investment especially if you have experience. I am interested in REITs in Japan, Australia and even Greece. The tax is different for all countries and I just know for Japan it should be 15% or 20%. Any good suggestion for Greece? It may be total lose or 1000% return in few years. How about Australia?
Global REITs discussion
- Thread starter GloriaBrown
- Start date
As for Greek real estate it's all about the media exposure of Greece, occupying the front page of every newspaper in the world, the hype related to the ongoing negotiations and the decline in the real estate demand and prices over the last few years. More and more international users seem to share the idea that now is the right time to look for a property in Greece. But should you buy something with poor liquidity?
Any solid Greek REITS? I don't know.
Look like buying RIETs is not popular within ET community.
I looked at a few the other day, but I haven't had time to dig into any of them really yet
I think it is a much better way than travel to another place to buy an apartment or house to invest. It is very hard to get rent or maintain the apartment or house if we don't live in that country. If we need to go through all Japanese language document in a high tax rate country for housing, and need to pay for a xyz management company to manage the place, and need to pay for management fee and more and more.....Riets sounds like a better deal.
Thanks for the like.
There is news about China may starts to have first Riet but no real one yet.
Thanks Gloria, looking for information on Mainland products is very frustrating, as most of it is in Chinese, I apreciate the input.
Same feeling about REITs btw, they are also much more liquid than real estate.
"I think it is a much better way than travel to another place to buy an apartment or house to invest. It is very hard to get rent or maintain the apartment or house if we don't live in that country. If we need to go through all Japanese language document in a high tax rate country for housing, and need to pay for a xyz management company to manage the place, and need to pay for management fee and more and more.....Riets sounds like a better deal."
Same feeling about REITs btw, they are also much more liquid than real estate.
"I think it is a much better way than travel to another place to buy an apartment or house to invest. It is very hard to get rent or maintain the apartment or house if we don't live in that country. If we need to go through all Japanese language document in a high tax rate country for housing, and need to pay for a xyz management company to manage the place, and need to pay for management fee and more and more.....Riets sounds like a better deal."