paladin, no...when labor was last in power about 1989, hawke years, my interest rates rose from 12 -18% in 4 months.....I was negotiating a house purchase, and a silly lawyer made a mess of things...so by the time it came to settlement the rates had sky rocketed.....increased by 50%
I did not do much with property after that...left a bitter taste.....until the years 2000-2002, by this time rates were around 6.5% and I bought several props....at one stage I had 10.....sold half 2004 -2005
since 2002 the rates have risen back to the 10% mark
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