-
Share
10,431 Posts.
47
14/06/22
17:24
Share
Crom, in spite of your assertion, a classic tool
to curb inflation is raising interest rates,
making borrowing dearer.
There has almost been free cash for a few years.
I bought a house three years ago for $412K;
it was "worth" last week about $700.
Makes a mockery of working hard and diligently saving.
The coming recession may crash this investment but in reality
you can't buy and sell Real estate like the ASX,
stamp duty is crippling.
-