Play2Win,
No issue with paying interest on a house with "value" for shelter.
I'm not interested in paying 7% on a 500k house that's from the 50's... (I'm in one now and would like SOME comforts..).
Their not worth that, the LAND is whats worth or gone up in price.
I'd rather be paying higher interest on a lower amount, then i can pay it back twice as fast...
Greed has made it difficult for the average person in Australia thats for sure.
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