he gets 3.2% yield on what he payed for the property, i looked up how much he payed...
geez, great deal he has there....you could put in in a boring td for 5% interest
he must be looking for capital gain....bwhahaha....a fool and his money and all that....hard to see where his gain will be from when 'the economist magazine' says that aust house prices are already overpriced
still, as long as he keeps his mortgage and doesn't go down the gurgler all is sweet...i am more than happy to be the benefactor of his largesse!!!!
