n.gearing has worsened the housing crisis, page-31

  1. 17,117 Posts.
    hahaha 2%
    met some associates, they just bought a house 250k, regional city, rental income $13000...pretty sure that is closer to 5%
    cash sale, nor loans, and room for capital growth....

    beats the banks current rates of 3.5%, with the capital deflating daily

    no wonder the housing market has held up, or seen as the saviour, as in the safety of bricks and mortar

    this scenario keeps repeating itself, whenever there is turmoil on the stock market, or skirmishes in the world economies
 
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