Invest in Commercial? Mark Bouris & Peter Vines

[Recorded May 2023] Peter Vines joins Mark this week on Property Insights and is the Managing Director of Ray White Commercial Western Sydney.
Peter has over 25 years experience in real estate in both Sydney and Europe and is a third generation commercial real estate agent. He has sold some of Sydney’s most interesting properties - from Old Sydney Town to the Drummoyne Reservoir Tower.

[@BouncingBelly]

didn't know Andrew Tate is also a real estate agent.

[@theycallmebruce69]

Thats funny

[@johnnybgood3909]

i have not made a retail purchase in 3 years. Everything you need or want can be bought online.

[@Ashhermizbroker]

Well done Pete. Great video

[@JJ-mc8lu]

That's right. When the residential loan business is down switch to commercial! It's laughable!

[@AUThePunisher]

He lives on comission, not logic 😂😂😂

[@mickyd824]

Sounds like RBA increases rates =+ higher inflation...oh Crap now I need surrogate parenting centres because now my Mrs has to go to work to pay our extraordinarily high mortgage for our shoe box next to the town tip. Sounds like an awesome life........

[@manflynil9751]

1:44 We're actually currently at 4.1% cash rate.

[@yellowbrickroadtv]

Good pick up - this was recorded before last week's cash rate hike

[@manflynil9751]

​@@yellowbrickroadtvyes, I thought it may have been. I can't see Mr Bouris incorrectly stating it in his line of work 😂

[@nuts2559]

Peter Vines "google it"

[@giddyup3451]

"google it... I'm only pretending to be an expert here'

[@davidapswoude3259]

Values of Commercial properties down 10-25%. Huge Superannuation losses. Residential homes aren’t invested by super because estate agents are four times cheaper than Superannuation managers. On a milliondollars super management =$10,000+ estate agents =$2,500 Super isn’t transparent .

[@larrydowling]

this real estate is working for the vendor.he has no concern to buyers look at him