A question arises.If there is a downturn in the property market brought about by increased interest rates would a mortgage broker benefit from mortgagees re-financing their debt if they believe they this would be to their advantage.
I agree with Crashy on the sharemarket. The last 3 years have seen a Bear Market.Based on history, the general consensus about the economy [ not property]the results coming from listed companies it all looks extremely favourable.The sharemarket has increased approx 20 percent since March but it is still below the high established a couple of years ago. You can also purchase bluechip shares yielding 5 percent plus fully franked.These are my thoughts only and you should do your own research.
Enjoyed reading your thoughts on property Retire 2012 and the responding comments. A lot of common sense shown by all. What happens in the near future to property values is beyond me as everyone seems to have an agenda.
I have just been reading another site at this location and apparently there are cash flow properties available at Cobar.Do your research. Steves book is fantastic.
