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  1. S

    hysteria

    I am better off for having bought a house, maybe. (But if I knew then what I know now I may have done better with other assets.) I would be no worse off if there had been no inflation though. If I wanted to move I would still have to add a significant sum to the proceeds of the sale, especially...
  2. S

    hysteria

    You don't think I have been aware of that for 50 years? LOL It is money that has been "consumed" providing me with a roof over my head. It is NOT money available for me to spend. If I draw it down I am spending someone else's money, hence I pay interest on it. There is widespread...
  3. S

    hysteria

    It's a zero sum game if you only own your home. If you need to move because of your job, you must pay the NEW price and borrow as much for the new house as you owed on your old one. (You will have a higher LVR than when you bought the first, but that matters nought!) I still live in a house I...
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