Credit fueled housing collapse, page-127

  1. 60,602 Posts.
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    There are areas around Perth where you can buy a home for under $300k and some new estates where you can have a brand new home for not much more.

    Repayments on $300k is under $400 pw which is less than the average rent, that is still affordable. Of course the other option is to rent and pay off the land lords mortgage
 
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