Yes Kincella I earn substantially more than 50k a year and have quite enough cash to buy properties...I was trying to open up some people minds to the ridiculousness of the property bubble we are now in. I have experience working as a stockbroker in the past so have a rough understanding of markets...I also own my own company...sorry to have strung you along like this but i was trying to make a point.
"7% p.a???........I can give your plenty of examples where 10-12% p.a minimum is the norm."
When can i get 10-12% at call, dont tell me ACR or one of the places that go broke every 6 months?