INTEREST RATES....ha ha govt try everything NO EFFECT...who got money just buy....see govt policy NO up....
Only thing left is surge in interest rates.....
$1 Million 30 year loan at 1.5% interest...MOnthly=$3451..NO PROBLEM
$1 Million 30 year loan at 3.5% Interest..Monthly=$4490...Ouch....
$1 Million 30 year loan at 7% (DONT LAUGH MY SISTER IN MELBOURNE IS PAYING THIS FOR HER PROPERTY).....Monthly = $6653....
ha ha but not likely to happen unless you see a KANGAROO in your backyard....