Of course property investing is immoral especially when you've...

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    Of course property investing is immoral especially when you've got people living on the streets and first home buyers unable to afford a home.

    On the other hand, if you bought a house sometime between 1990 and 2007, you'd be laughing all the way to the bank. After all it sure is nice to get a good return on an investment, but I think we're at the breaking point.

    The Govt are out of ideas. What they should do is create some sort of fund with a minimal fixed interest rate from which eligible First Home Buyers can borrow the money they need to buy homes at 'over-inflated' prices. I'd borrow half a mill if I was only paying 2% interest (administration fees). Maybe those fortunate people who profited from rising property prices over the past 20 years can pay back the wealth they were given in order to fund this?
 
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