Conventional wisdom will point at the property market cycle and tell you that 2017 was the best time to buy in the last 5 years. After all, it was the lowest point in the residential property price index and for most people who bought during that period, they would be happily sitting on some paper gains by now.
But, as with anything, there are always going to be losers as well. As much as 2017 was a good time to buy, buying the wrong unit or paying the wrong price can still affect your outcome quite drastically.
In this piece, I’ll be introducing 10 properties that were bought in 2017 and sold over the past few years that have made the biggest losses.
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