from massey 'Yes that is correct. You can pay an asset off that is dropping in value. It is called negative equity.' given the time frame its going to experience significant capitol growth and significant rental increase--id say his biggest problem in ten yrs time will be the tax man---and he will have an indexed pension for life. there is more then a hint of envy in some of the negative opinions expressed talk about not getting it ill qualify my post by saying i dont know the area so ill ask this---what is the area like as far as growth potential demographic change ect?
