aussie john: negative gearing’s killing fhbs, page-61

" If you took out a margin loan of 90% for a $1 million blue chip portfolio you would be nuts, yet, this is considered a "cant lose" strategy by property spruikers. Pfftt."

According to most on this site, I'm a property spruiker, a shill and a member of the ponzi property scam.

I would never recommend your example above. If you were a property investor doing the above I would consider you nuts! That would not be a smart move.

However if you took a loan where you had 70% LVR, brought in a good area close to CBD, close to employment, good schools and transport in a desired area with the possibility to later sub divide, I would say you could be onto a good thing.