"1/3rd! That is atrocious. Worse than I thought. Undeniable proof of a bubble we can't afford."
typical ignorance. Have you thought that most investors, making up 20-30% of market use little equity as interest payments are tax deductable, and also many 1st investment property owners use equity in own (many times no mortgage) homes for same reason.
think before you bleat!
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- scathing view of credit suisse on oz housing
"1/3rd! That is atrocious. Worse than I thought. Undeniable...
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