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you can combine the two.Interest rates are 30 %.Houses are not 1...

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DavoMagic

16,779 Posts.

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16/10/19

15:21

Post #: 40912460
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Originally posted by chappy58: ↑

From what I can gather from what you wrote you have money invested and Dominos shares as you want more money from both sectors.

What I don't understand your reasoning here....

If Interest rates were higher...............and less interest paid on mortgages because loans be lowerYou can't combine the two, mortgages should be only what you are able to pay not what you think you should pay...
If people are struggling now well they are have over committed themselves in the first place and what do you want interest rates to go up 4 or 5% to make you happy but just think a little on the other scale then what would happen, no one would buy Dominos Pizzas at all then.

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you can combine the two.

Interest rates are 30 %.

Houses are not 1 million because cannot afford 950K loan.

Houses get bought far lower!!!

So loans far lower despite higher rates.

People in debt go to jail and pay it off their to meet their social contract obligations!!!

Dominos pizzas where $6 dollars not long ago.

You are probably a banking representative pushing inflation to cover your incompetence in the loan area but you really need to seek expert help.

If interest rates to not go to 10 percent the Australian economy will go bust!!
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