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  1. HandyAndy888

    RBA just put rates up again to 4.25%

    First and foremost, Alexlee, you are assuming regarding the demise of Detroit. It is pertinent here, since Detroit is still a vibrant city, alive and well. The suburbs however, are a different story and if we keep building suburbs after suburbs after suburbs of 2.4million dollar homes, it's all...
  2. HandyAndy888

    RBA just put rates up again to 4.25%

    The point was in reference to 2050....when housing becomes very very expensive in Australia....
  3. HandyAndy888

    RBA just put rates up again to 4.25%

    And Detroit. :D We all know which way urbanisation went in that city...
  4. HandyAndy888

    RBA just put rates up again to 4.25%

    Interesting comments topcropper. The main concern for me about property as an investment vehicle, is the "doubling". It implies that the rate of growth is exponential, hence: 2010: A house is worth $300,000 2020: Same house $600,000 2030: Same house $1.2million 2040: $2.4million...
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