Why would anybody spend $400-500 thousand for so little return is beyound me.Most of the time its better to posiotive gear than negative gear,as the pressure is off.If you could not return a better return on blue chip stocks without the worry I go he.I sometime wonder if people do all the sums,the amout of % repayment over the loan period,landlord insurance,repairs,I know there all tax deductable,Iknow the house goes up in price,capital gain tax is it all worth it,the major gain are in more exclusive area,money makes money,good-luck.
