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It is a very simplistic way to look at it but yeah, in general, if a property was not yielding much capital growth, just like in present times, then you would be chucking away the difference between the "interest" on the repayments and the possible rent you could be paying. Another positive...

No arguing here, just people sharing opinions and experiences :D I see what you are saying though Biggles, and as others have said its all the magic of time & inflation. You are out of pocket at the start, but 5/7/10/15 years down the track you are well ahead as the span between the debt &...

Oh Yeah, and If I could rent a $1m house around my area for $400 - $500 a week id be in there tomorrow. Definitely no point buying in that circumstance. that is relying on a lot of capital growth

There seem to be a lot of comparisons based on previous years. We all know that the last 10 years has seen fantastic growth in many properties. For example, my PPOR was bought for $160k in 2003, I bought it in 2006 and its now worth $460k. That kind of growth is not sustainable or continuous. Im...