Yep, 5% down, increase in value 7% compound year on year, why not take out a line of credit?, use your "equity" (I love that word) upgrade the car, go on a holiday, buy a new lounge, get a new TV etc etc.
Aussie foreign debt ballooning - 637 BILLION and counting..............mostly held by our banks, borrowing overseas to fund our propery bubble.
It HAS to be paid back with interest kids!!!!!
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Yep, 5% down, increase in value 7% compound year on year, why...
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Anthony Noble, CEO & MD
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