Peter Waxman
Published 2002
Softcover 552 pages
ISBN:

The recently revised 5th edition of Peter Waxman's Investing in Residential Property has firmed the book's position as the most relevant and authoritative source on the Australian property market. The book examines and discusses the phases of buying and renting a personal property, as well as purchasing a rental property as an investment scenario. The ultimate success of these investments is heavily dependent on carefully considering one's position in the turbulent ocean that is the prevailing economic environment.

Waxman points out, and accordingly structures his guide to follow, that all decisions must be made based on two basic positions. The current character of the regional economy and government policy determine factors such as interest rates, current account deficit, fiscal policy, tax policy, law, inflation, etc. The other consideration is the investor's financial profile amidst this environment. This is where personal buying power and financing ability are concerned. What this book does is categorize all such relevant factors, explaining them with a view to enabling the reader to conduct a plausible self-evaluation, prior to making the wisest possible property investment choice.