2010 to now-brisbane, page-17

and don't forget the 'opportunity cost' of having left your capital in fixed interest or shares like Telstra.

you could have earned 5% on your money in the bank or 10% yield on Telstra shares (plus substantial capital gains).

the more you look at it one realises what a materially bad investment this property was.

it wouldn't be hard to prove up a $100k loss in this instance and that would seriously harm the wealth of anyone.

and, its just the beginning......... :(