Mr Steve you suffer a complete lack of comprehension skills as well as understanding of what is actually occurring, not what people perceive.
I said nothing of a sort. If rates go up then I will be simply passing this cost on progressively, should I actually need to. I have fixed interest rates that many would love to have I am sure. At present my tenants are doing just fine but I will continue to increase rents in line with demand, at present the demand is extremely high and I am reaping the rewards.
My tenants pay for my properties, not me. Rate increases don't bother me one bit.
The comments of million $$ properties once again displays the complete lack of knowledge of Perth property or where I am invested.
You eastern states mob really make me laugh with your guesswork.
You sit back and wait for your property falls....rolol....I am almost 51 and I have never seen property do anything but increase in value over the long term. Unless we have a major depression (more rolol) you never will see it.
Now children back to school and learn some history. Probably why I am actually doing so well and you are just hoping to, I have learnt from history. I don't listen to high flying dudes sitting in ivory towers in Sydney and Melbourne or eastern states children on HC who wouldn't know Mandurah from Darwin.
Whilst I do, you think you can.
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