From: Bruce Graham
G'Day,
Saw TW/Colin Croft TV interview the other week, the only thing that I can remember about the programme was the look on both their faces when asked the value of their properties. Shock,absolutely shocked.
Both admitted to a value of $2million plus.
But they didn't look at ease answering the
question.
It seems to me that it doesn't matter how much our properties are worth because we will never own them. The banks own them and
give us, the pleasure of paying interest
on them for the rest of our lives.Does this make sense?
I have three,one bedroom units in Sydney
valued at over $1million.
Means absolutely nothing.I'm still as poor as a church mouse.
The thought of paying the banks for ever gives me a touch of them(the shits).
TW/Colin Croft are all properties i/o loans,
or split with p/i loans? Would be nice to know.
Thanks.
Bruce G.(Sydney).
G'Day,
Saw TW/Colin Croft TV interview the other week, the only thing that I can remember about the programme was the look on both their faces when asked the value of their properties. Shock,absolutely shocked.
Both admitted to a value of $2million plus.
But they didn't look at ease answering the
question.
It seems to me that it doesn't matter how much our properties are worth because we will never own them. The banks own them and
give us, the pleasure of paying interest
on them for the rest of our lives.Does this make sense?
I have three,one bedroom units in Sydney
valued at over $1million.
Means absolutely nothing.I'm still as poor as a church mouse.
The thought of paying the banks for ever gives me a touch of them(the shits).
TW/Colin Croft are all properties i/o loans,
or split with p/i loans? Would be nice to know.
Thanks.
Bruce G.(Sydney).
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