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Old 30-11-2018, 10:21 PM   #800
FairmontGS
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Default Re: Australia housing bubble

Quote:
Originally Posted by Syndrome View Post
But if you are locked into a mortgage and the value of the house drops below what you owe then that is NOT a winning position.
It's not a losing position either unless you have to sell. Most Australians aren't house traders so it really shouldn't be an issue?
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