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fair enough, except in property you can be eaten alive before you can exit. i know because about a year ago i had to sell a property and there just wasnt a market to sell into. putting together a deal in that type of environment will give you years of experience in a very short time. eastpac was...

tell that to anyone that bought in blue chip perth, or mandurah or the south west 3 years ago. they would still be in very negative equity. there would be no insurance becasue all the cash went in as 20% equity and costs and it would all be gone. they would be insolvent if the bank called in...

after the last crash of 40% or so i now hold the belief that 80lvr is too high