House price collapse fait accompli, page-181

  1. 182 Posts.
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    I say that's a good call,

    never be an owner occupier, everything is working against you.

    property price $1,000,000.00
    stamp duty $ 60,000.00
    total $1,060,000.00

    or invest in WAM which is 12% return

    equals $127,000.00 PA

    spend $40,000 on rent{which is owned by a family member).

    live on $87,000 or maybe save some of that and buy a rental property for a family member to live in.



 
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