property bubble

What could possibly go wrong?

PAY $73,000 MORE In 2014 alone 332,000 investors borrowed an average of $430,000 in interest only loans to buy Australian real estate. Over a typical 25 year loan* those investors can expect to pay an extra $72,953 dollars each in interest on average. [* assuming 5%p.a., a 10 year interest free period and $10 per month fees.]

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