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  1. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    That's a very expensive PPOR.
  2. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    *Unless* - and I'm just speculatin' here - Rolf meant exposure to the resi market via fixed interest investments.
  3. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    I take it you didn't read my first post.
  4. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    Pete, what I meant was how much interest they will lose due to the loans being paid out relatively quickly. For instance, a loan being paid out in say 10 years, as opposed to 25 or 30.
  5. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    In my opinion, this idea, good or not, will never ever ever happen. Why? Because the major political parties are owned by the banks and they (the banks) will see Australia fall into the ocean before they agree to allow such a thing to happen. Imagine how much money they'd lose if this were to...
  6. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    Clickbait, Devan. That's the way most news sites/blogs operate these days. The more clicks they get, the higher they can charge for advertising.
  7. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    Good luck with that, lol!
  8. Mr. Fabulous

    First home buyers to be allowed to raid super to buy house.

    I was actually thinking about this whilst out strolling around today. Thought it might have a semblance of working if all of the following conditions were met: - the total value of the mortgage must not exceed 30% of gross salary (to stop people from trying to buy crazy expensive homes they...
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