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Locko Good point mate. The problem with IR's going up is that our borrowing capacity goes down so although we could have plenty of equity we might not be able to finance our next purchase. So those of us who are interested to grow their portfolio but are close to their borrowing limit...

Why? If you are still in accumulating stage, higher rates are good because they generally put down-wards pressure on property prices. In addition to that, less people will be able to afford a loan, there will be less buyers around so there will be less competition and vendors become more...