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Andrewst10

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09/06/22

00:57

Post #: 61906047
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Originally posted by Reaper11: ↑

There's never a circumstance in which a borrower with multiple mortgages faces difficult times. They sell every property other than their primary place of residence at which point the pain dissipates. The RBA's policy should be coldly macro. If that cold macro emphasis causes a cohort undue duress that the population deems it's in the public interest to offer fiscal support, then that cohort should be supported by government.

Reaper.

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Or if suitable sell their primary and move into one of their investment properties...no CGT.
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