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…

At a time, when interest rates are at the highest they have been in for over a decade…

At a time, when rental returns in Victoria are amongst the lowest in the country.

That’s why I’m doubling down on my statement that Melbourne is the worst property market for most investors.

And it’s not because property prices won’t rise.

They will!

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.

But what’s the point of buying an investment property that rises in value, only for it to bleed you dry in the process?

What’s the point of buying an investment property that rises in value, but hurts your ability to build a property portfolio?

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.

If you cash flow dries up, there goes your dreams of financial freedom.

And the Victorian State government’s latest budget will definitely eat into your cash flow.

I explain everything in my latest video.

Here’s a snapshot of what you’ll discover…

• How the Victorian state government plans to legally siphon $4.7 Billion from average mum and dad property investors
• EXPOSED! 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.
• Proof that property investors are not welcome in Victoria. Why politicians will continue to drain our cash flow to line their coffers

Plus so much more…

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Want Niro’s help to find an investment property? Find out more here 👇

https://www.investmentrise.com.au/property-buyers-agent-service/

Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.