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RE: Here comes 17% interest rates Reply: 1.1.1.1.1.1.2.2.1.1.2.1.1 From: Duncan M > reckon it will get enough attention? At the bottom of the existing thread? Very little I'm afraid :) Duncan.

Reply: 1.1.1.1.1.1.2.2.1.1.1.1.1.1 From: Duncan M >My question is should we even be talking and concerning ourselves with 17% interest rates. It's a risk. Risks MUST be actively sought out and strategies identified to mitigate the risk. >Les and Mike have stated and explained why they...

Reply: 1.1.1.1.1.1.2.2.1.1.1.1 From: Duncan M > I think the leveraging is fine, if its all balanced by paying down some debt on selective properties. TW, It seems to me my paltry ability to reduce IP debt is next to worthless, should I be concerned that I have no focus on reducing IP debt at...

Reply: 1.1.1.1.1.1.1.1.1 From: Duncan M Sim, a few more figures: At around 9%, we're still break even. At around 17% we're way out of pocket, $50-$60K pa. But, our growth, even at a modest percentage outstrips the potential loss. If I had to lose $120K equity over a 2 year period I would be...

Reply: 1.1.1.1.1.1.1 From: Duncan M Sim, Interesting thoughts.. I did a quick spreadsheet, taking my portfolio's current rental income and inflating it each year by 3.5%, the bottom line was, high interest rates in a few years time dont scare me :) The interesting part of the exercise was...