Ralph’s Property Investing Newsleter April 2016 Ralph Cartwright Property Mentor & Team Leader P 02 9548 1074    M 0416 030 872    F 02 9548 5714 Property Club | Smith Branch www.propertyclub.com.au Ghost Houses – A National Scandal Well, that is the tack taken by the mainstream media who, as usual, like to scare people with their headlines, however innapropriate. Here is a link to the ‘story’, which broke on Easter Monday in the SMH and was reported in most news outlets the following day. A couple of researchers from the The UNSW’s City Futures Research Centre wrote a report claiming that based on 2011 census data, there were 90,000 vacant properties. They then tried to draw a link by claiming that “perverse” tax incentives were encouraging investors to leave tens of thousands of homes empty in Australia’s most desirable suburbs, adding fuel to the housing affordability crisis. They were correct ...