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    Holding property through a rate rise?

    Yeah... I was in my 20s when the rates hit 18% (or whatever they were) and people were *scrambling* to buy something just to get into the market.
  2. V

    Holding property through a rate rise?

    There is a book about the Volvo Ocean race where one of the boats is sailing around the horne, deep in the southern ocean in amongst huge icebergs. Their course takes them between two 'bergs. One of the junior crew asks the skipper "what if they bigger underwater and are joined in the middle?"...
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