Often aspirations prior to the GFC and post were a little...

  1. 2,950 Posts.
    lightbulb Created with Sketch. 34
    Often aspirations prior to the GFC and post were a little different to what reality allowed. Before GFC you could cook up a figure and the johnny come lately property newly converted buy out at the top were queuing up to make a killing.These were the bears of 1990's lol.

    Those who bought at the top as investors I have little to add.

    Those who bought on the back of GFC incentives I feel for as their belief in the powers that be and their need for housing influenced them. The ones who used them as cannon fodder need to take a damn good look at themselves no matter what their station in life as these new home buyers were the sacrificial lambs. They should have been given some form of fixed rate for 10 yrs or so as a buffer.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.