Australia's largest stock trading and investment forum Australia's #1 stock forum

1 in 3 Under the Pump !, page-168

First 168 Last

Share
Profile

Follow
slippin

8,203 Posts.

1138

11/07/17

22:28

Post #: 25804896
Share

Originally posted by picastoc ↑

Of course, the interest rate payable on home loans today are very much less than was the case for first home buyers when I was purchasing. Without the rent money, my feat could not have been achieved. Having had that experience of achieving what I did in such a short space of time, I stand by the veracity of my post.

Pity credit is not given where it is deserved. I admire my mother greatly for her ability to pay out her loan in 12 years despite a very modest single income and the need to raise three children. But for you "slippin" that was a piece of cake too, was it?

I certainly knew other families whose parents still had home loans on their first homes after significantly more than twice this length of time. Indeed, that was far more common than was the case for myself or my parents. I remember the 15-18% interest rates which I experienced on a subsequently purchased house. Still a piece of cake, you reckon slippin????????????

Expand

You are kidding yourself. But you're not alone. Yes, compared to the situation today, we had it easy my friend.
Upvote

Reply

Top Stories

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

FRB

Firebird snaffles Environmental Permit for Jinshi plant

There are more pages in this discussion • 76 more messages in this thread...

First 168 Last