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Super for first home buyers - massive winner for young, page-107

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Wazza3006

15,553 Posts.

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15/05/22

18:04

Post #: 61418992
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Originally posted by Cowboyinvestor: ↑

you do realise how silly your comment is, considering the size of the market corrections/crashes we have experienced in just the last 15 years

When in the last 15 years has housing crashed by 25% overnight?

Whilst I’d prefer to see no one have to dip into their super to buy a house, the performance of the average super fund is so poor, dipping into it and purchasing a house is probably the safer and higher performing option based on historical results. And like I said it also presents buyers the ability to leverage their equity in the future to purchase additional investment properties which would subsequently grow their net asset/wealth base over an above anything a super fund could do

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How many investment properties do you own? Do you hold a share portflio or just the farm? Any untapped super?
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