australia's very own subprime crisis looming, page-74

  1. 18,851 Posts.
    lightbulb Created with Sketch. 56
    "Rent a $700k house for $600 a week, which would pay the interest on a $400k loan, and without the costs of ownership"

    Personally I wouldn't touch that sort of investment with a stick unless you were confident of CG. Frankly I much prefer the $140k house which you can rent for around $200 a week.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.