Kinella,I think you need to get your hand off it.
Saying this''plus I had to laugh at posts here yesterday, using figures of $800,000 for discussions....
what on earth
average Melb median price is around 550k.s
none of the bears would have $800,000 sitting in cash, they are more likely to be lucky to have $50,000 whilst living with the parents...
not paying rent...
so comparisons of earning interest on 800,000 or paying rent, or buying a house is just ludicrous on this forum
try using a more realistic mortgage of 300,000 to do any sums
I am not having a go at the posters, seems an easy enough figure to use...but lets be more realistic based on the audience on here
they dont have that type of cash to begin with, its too far out of their league
some would be lucky if they even had $20,000 stashed away for the deposit.....
do the calculations based on more real figures that would apply to the audience on this forum..''
Mr almighty,how about your arrogance.How much you got sitting around?Just because someone isnt a property bull,doesnt mean they have nothing.Talk about arrogance,which seems to be a very common theme amongst some bulls on here.
That living with the parents line has been thrown around by another arrogant property bull.And some of you proerty bulls,cant understand why people want to see you fall.Maybe if you didnt think your better than everybody else,it'd be different.Life has a way of putting us in our place when we think were too good.Just wait and see.
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