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I was thinking about Mortgage sim the other day and its too...

  1. 755 Posts.
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    I was thinking about Mortgage sim the other day and its too ambitious to be looking for above market returns through customer to customer lending, when I talk to friends who have recently bought or are looking to buy they all say the same thing 'I don't want to get priced out of the market' which leads to them jumping in with too little deposit in my opinion.

    With all the news around the HAFF it is actually an interesting concept where if the fund does well there will be more money to build housing which will increase supply affecting the funds performance for the next period which will lead to less money for new housing, sort of like a seesaw over years.
    Why I have brought this up is if people looking to save for a deposit and don't want to get priced out of the market would it not make the most sense to have your deposit sitting in safe REITS that are invested in residential real estate so that your deposit would sit in line with the housing market.

    I feel like that would be the best way to market it to RentPay users.

    They could do it in house or try to partner with RAIZ on it.

    Just a thought.
 
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