goodbye young aussie home ownership, page-114

  1. 419 Posts.
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    The sums should be based on the 460k that the property is worth not what is owed.
    460k at 5% add in water, council etc and you have masseys 30k.
    Yes smithy has done well, though if he bought it today on 100% borrowing he may think twice about the $350 per week rent.

 
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