excuses excuses, page-24

Warnie

you clearly have no idea!

If people are selling their investment properties, then there is less rentals available, if you did not know rents are going up then you are living in a bubble.

as for the amount of the price climb in rent vs interest rates, what the hell are you on about?

and it is still far cheaper to rent than pay interest on a loan, so there for are you not going to have more money at the end of the day to buy your house?

I would rather give less money to somone renting out a house to me, then paying the banks more in interest.

The house it not yours till you own it out right.

Laugh at a 40% drop.. go for it, if you think it is not posible you clearly do not understand the market. It has happened all over the globe before.

There is more reason for interest rate rises now then there was last time when it was up around 17%

if rates get back to the mid teens, people can only afford to borrow half the money they were before.

in which case, how is anyone going to pay current house prices? and how are all the people with mortgages going to be abe to sell their house for this money when they have no one to sell it to, and forced to sell as they cant pay their home loan.

you are very arrogant, and buying a house right now just proves you have no idea.

how can you justify house prices up 300%+ in the past 8 years when wages and materia costs have not! its cheaper to buy in the US, and they have the population of australia in just one of their cities!

you will end up jumping in a few years time, from a very high hight with your business sense