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Lets see
Credit card debt at an all time high, 42+ billion dollars = highest in the world
Interest free store accounts create family hard ships
110% home loans
Introduction of 40/50 year home loans
So my question is are we risking the art of investing v's the art of risk and reward. If you own a million dollar property with a million dollar debt what is the point ? Are the bargins like when I started a one bedder in Parramatta on the ground floor ripe for renovation or are people fixed on house and land ??
D
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