Rental Market - competition

What drives your decision to invest?

Reading beyond the page of the SMH article - Linky where renters are in the majority of property users, do you combine these stats with the bank's "no lend" policy to help you decide where not to invest?

Too many investors in suburb X, Y & Z means it will be harder to find a tenant, you will discount much earlier to secure a tenant or if you rent-vest where to move to find a bargain when times get tough?

 

Im surprised at the variation. Some suburbs with 7% renters, other suburbs with 70% renters