Interesting. While the rates are attractive but I guess it might risky to park big cash with them.
Do you know if it was OO/IP? 570k capital gain in 3 yrs is still winning on paper. They still got out relatively unscathed.
I concur with this observation but so far the forced sales are limited to units and apartments (rental properties) for the time being. I guess...
Even if people pulls back spending, it'll only deter the rate hike in the short term. There will be the cohort of people not currently under...
Live: RBA boss Michele Bullock to front Senate after inflation jump, Wall Street falls, ASX to follow Her comments sounds soft at the Senate...
Yea I guess since there'll be the bunch of people who sold and profited from the property portfolio they had. This would had accelerated their...
Probably alot of demand coming and parking more cash with them than they needed. Macquarie Bank did something similar. Offered a 5.55% 4months...
Interestingly, MeBank just revised down from 5.65 to 5.55 lol
Bluestone Home Loans revamps policies for broader reach and simplicity I think another factor to consider is that lending standards for sub-prime...
Well, it appears the down-side risk of rate rises is smothered by booms in multiple factors such as low unemployment rate and...
I think this type of mindset is not far from the truth. This is probably especially true for the average investor who gained from just buying any...
Rising rates actually works in their favor as they can bank the cash in deposits and earn decent interest on them. And when housing market does...
Hmm, maybe come to the Canteen at Barangaroo. I think that's where the ballers all flocked to. But oh wait, it's a Monday because most ppl WFH....
I don't think double dipping is that far-fetched and hard to do. Using your example, one can obviously land himself/herself in jail time more...
I guess they can be equally ambitious. Very ambitious if they're capable of double-dipping 2 or more full-time wfh roles.
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