rba warning for homebuyers, page-11

Make no mistake property has been an absolute disaster investment for most over the last 8 years. Zero growth and 50% in interest flushed away.

Worse for many they are getting worse a sharp cliff is here. If it walks like a duck has feet like a duck quacks like a duck it's a bloody duck yet some see roses?

Qantas , car manufacturers, mines closing / services companies forge etc plus more to come. It's a bloody duck alright.

I am sucking for cover. Happy to be renting a 6k abode.