Why wouldn't you go for commercial?

I don't think it's going to get any better soon with banks tightening credit policies.

I heard a similar comment from someone I know who has a very high net worth (circa $100m). His words were along the lines of "this is great, it will keep all the riff raff out!".

:eek:

His philosophy is that if people want to play the game they should first have the wherewithal to earn a decent amount of skin to put into it...

He hasn't bought any property for the last five years because he just thought credit policies were silly and yields the same as a result.

I'm not sure I agree with the philosophy but I guess it's about time for those with the cash to have their competitive advantage back.
 
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