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Hotwasabi

1,603 Posts.

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05/05/16

21:05

Post #: 17689949
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Originally posted by glyna ↑

Can't tell you how many "suckers" as you like to so generously referr to them, have bought apartments off the plan and then got lumbered with a huge loss, can think of one un luicky fellow who bought a penthouse for A$3 mill, 5 years ago which now ,On a good day, might make A$1.8 mill...bet he wish he had bought Gold instead..at least he wouldnt have gone backwards..and thats not even taking into account $120k stamp duty on purchase, $26k a year corporation fee's and $7k a year rates

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Just out of curiosity, which state or territory are you in? I live in Sydney and house prices are one way affair.
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