I brought my first property in 1983 as a PPR
Interest rate of 12.5%
then climb to 17% on my PPR in 1988/9
and have being coming down every since.
Also brought a unit for 43,000 in 1985 forget the interest rate was then, but in 1988/9 they where 22% and that was in the day when the thought they were entitled to your tax deduction.
who said I was a renter.
you don't have to be a land lord there are plenty of better investments than residential property.
It sounds like you brought at the top of the market, well no capital growth for 10yrs for you, sorry about that
you sold that rubbish that property only goes up
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