Bling, as mentioned by others on this forum, that capital growth is only of benefit if you are downsizing or....god forbid...one became a peasant renter! :)
That is the problem with this illusory wealth. And it ties up too large a % of the banks lending to unproductive capital.
Here's what happens to Hitler when he can't flip property anymore ;)
http://www.youtube.com/watch?v=bNmcf4Y3lGM
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- this is shocking news for property in melb
Bling, as mentioned by others on this forum, that capital growth...
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