Recession impact on property, page-70

Yes but it is all about leverage, it might be 5% on the $150000 but you have only put down $30k of your own money.
So in the above scenario you are sitting on an asset worth $550,000 more than you paid for it and you only put down $30k. The rent/tax deductions have basically covered the costs along the way.

So you have turned $30k into $550k, which is an increase of around 1800%.
Further, said asset is still returning rent which is now massively positively geared and even the tax man is getting paid!