You would be better off financially renting-fact, in Melbourne anyway. Prices have done squat for the last 3 years-so all those negative geared 'investors' have done their dough..plus when you take into account what they have lost if they put that money into the share market...well it's going to be a loooooong time before they are even break even.
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You would be better off financially renting-fact, in Melbourne...
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