karma: cause & effect, page-6

  1. 2,796 Posts.

    I wouldnt call property investors wealthy, according to the ATO nearly all of them have a total taxable income under $80K

    Which means most wont be able to handle interest rate rise's, and being leveraged means any gains they have made will get wiped out fast when the rates go back up.

    It's going to end in tears again..

 
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