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  1. M

    18% interest days

    Andrew, Can you recall when the rent caught up with the repayments. Did it take a year or two or three??? I can recall my own h/l being about $100k (house value $135k)with repayments of $300 p/wk. If we had been renting that house out we could have got about $150 p/wk rent. This was in...
  2. M

    18% interest days

    Ross , a very polished answer!! I bailed out of the stock market last year and went into real estate :) :) so I am quite happy at the moment but in the real world things are always changing and I am trying to formulate a plan of action for 2003. Is there any history of real estate...
  3. M

    18% interest days

    thanks for that Michael, yep!! the order of progression is what I have been reading up on and had got it sorted out (so I thought) but now we have commentators saying things are flat and interest should go down . According to the "script" interest should be about to go up, to combat our...
  4. M

    18% interest days

    When all this was happening I was running my business not investing so I have had little or no experience in tough times. Could Michael and Ross share their experiences with us by commenting on where do we go from here. Looking at the investment clock we seem slightly out of sequence. In...
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