what if we had a recession and no-one came, page-20

  1. 5,397 Posts.
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    My properties are worth a lot less.

    My shares are worth a lot less.

    My super is worth a lot less but I am in my 30's so not an issue.

    My debt servicing committments have dropped off dramtically

    My debt is reducing at it's fastest pace ever.


    Bottom line is, If I can stay employed, I will probably come out of this better than I went in, once the assets regain their value.

    My debt levels will most certainly be significantly less if we can sustain long periods of low interest rates, say 2-3 years.
 
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