property crash here we come, page-37

  1. 4,479 Posts.
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    We bought our current PPR about 18 months ago. If we were to sell it today, it is valued at over 2.5 times what we paid. Our final investment property we are going to sell we purchased earlier this year and were looking at a 50% profit with the first contract but it fell through unfortunately. We have had a few other contracts for slightly less but they have fallen through to for BS reasons. The rise in rates is getting scary but when you think about it the previous couple of interest rate movements have been up, but they have been few and far between. Maybe some buyers will take comfort in that.
 
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