It may come as a surprise to you but yesterday has never been a better time to purchase your own home.
My first home was purchased back in 1990 when interest rates were between 15 - 18.5% & even though interest rates were through the roof, it ended up the best decision that i have ever made. ( I was 24 at the time )
To get the BIG picture
Here's short period of house price gains between 1970 through to 2003
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- People Pay More in Rent then Mortgage Repayments under Morrison and the LNP
People Pay More in Rent then Mortgage Repayments under Morrison and the LNP, page-23
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