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Australia housing bubble
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04-01-2019, 05:50 PM
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prydey
Rob
Join Date: Sep 2006
Location: Woodcroft S.A.
Posts: 21,241
Re: Australia housing bubble
Quote:
Originally Posted by
Bossxr8
Sure the interest was high, but they were so much cheaper to buy compared to the average wage. So you were still much better off.
100%.
4% on $500k + is considerably more than when interest rates were near 20%
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