Hey Lizzie don't forget what happened during the last recession.. My entire portfolio grew rapidly and my interest bill went right down. I quite enjoyed my first recession! Which could quite possibly be a good thing if you're looking toi sell. For instance: My property in Frankston went from $320,000 right up to $380,000 and I said no to selling it. Now it's down to about $330,000 again. .
Not downplaying the potential GFC #2 ... but articles/scaremongering such as this is not helping and, in fact, are doing the opposite by choking off any glimmer of optimism and have the potential to become self-fullfilling prophecies purely by their fear factor.
Hey - I'm an optimist!