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From: KJL .
Relative newbie who reads rather than posts, so be gentle.
On a TV news article on the recent interest rate cut, I saw a warning that some government authority (ACCC?) was concerned about the growing number of people using the equity in their homes to buy IPs, but I didn't catch much. Did anyone else see this or anythoing in greater detail?
Extending the topic, I know the views that as long as it's the right type of IP then there's a reduced chance of a problem, but does anyone (maybe those who've been around the IP game for a while, if I can put it like that) have any opinions as to whether there's a bubble which is going to burst?
It seems like every man and his dog are investing in IP or just about to, and it also seems obvious to me that we can't all have 3 or 4 IPs as there'd be no-one to live in them!
Or maybe those who've been around aren't in any special position on this one (no offence intended) as IPs are more popular now than they've ever been in the past. I just don't want me (or anyone else) to find themself in an IP version of the tech wreck, sat facing a couple of mortgages and with no-one to pay them.
Just some thoughts for discussion.
Kevvie.
Relative newbie who reads rather than posts, so be gentle.
On a TV news article on the recent interest rate cut, I saw a warning that some government authority (ACCC?) was concerned about the growing number of people using the equity in their homes to buy IPs, but I didn't catch much. Did anyone else see this or anythoing in greater detail?
Extending the topic, I know the views that as long as it's the right type of IP then there's a reduced chance of a problem, but does anyone (maybe those who've been around the IP game for a while, if I can put it like that) have any opinions as to whether there's a bubble which is going to burst?
It seems like every man and his dog are investing in IP or just about to, and it also seems obvious to me that we can't all have 3 or 4 IPs as there'd be no-one to live in them!
Or maybe those who've been around aren't in any special position on this one (no offence intended) as IPs are more popular now than they've ever been in the past. I just don't want me (or anyone else) to find themself in an IP version of the tech wreck, sat facing a couple of mortgages and with no-one to pay them.
Just some thoughts for discussion.
Kevvie.
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