Australia's largest stock trading and investment forum Australia's #1 stock forum

and how much capital gain did you experience during that high...

First 2515 Last

Share
Profile

Follow
Sector

35,472 Posts.

2863

13/10/19

17:35

Post #: 40858585
Share

Originally posted by Tumby: ↑

I remember taking out loans for $80,000 for a $120,000 property, nearly got wiped out interest rates went from 8% to 18%. Bought a house for $32,000 sold for $96,000 year after, Idiots abound, imagine loans for half a mil and interest rates hit 5% and that number is well below the long term average, Australian RBA will have to move rates back up if certain overseas events dictate the directional change.

Expand

and how much capital gain did you experience during that high interest rate period? As I remember back then and if you held on cap gains were huge

Last edited by Sector: 13/10/19
1 Upvote

Reply

There are more pages in this discussion • 1,786 more messages in this thread...

First 2515 Last