Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The number of Australians investing in US residential property has shrunk from its post-global financial crisis boom, but Australians who still own housing in the world’s largest economy say it can be profitable – as long as you don’t count on a capital gain. Aconex cofounder-turned-tech investor Leigh Jasper bought a four-bedroom family home in Silicon Valley’s Menlo Park in 2010 – for “far less” than the equivalent in his hometown of Melbourne – and said the rental yield on the property he now leases out is higher than he’d get in Australia.
Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Latest In Residential Fetching latest articles Most Viewed In Property.
