Rent a $700k house for $600 a week, which would pay the interest on a $400k loan, and without the costs of ownership .... while the landlord still has to pump money into it just to meet the interest payment. Yep, property is that bad as an investment you are losing money on record low borrowing rates. Lol.
Oh Sector, check the Gold Coast unemployment numbers .... that party ended before it even started. The next bust is about to hit. Time to blow the dust off the cheque book .... hehehe.
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