Your property investment debt.

Your property investment debt.

  • Under $250,000

    Votes: 22 11.6%
  • $250,000 - $500,000

    Votes: 35 18.4%
  • $500,001 - $750,000

    Votes: 28 14.7%
  • $750,000 - $1,000,000

    Votes: 24 12.6%
  • $1,000,001 - $1,250,000

    Votes: 17 8.9%
  • $1,250,001 - $1,500,000

    Votes: 16 8.4%
  • $1,500,001 - $1,750,000

    Votes: 10 5.3%
  • $1,750,000 - $2,000,000

    Votes: 7 3.7%
  • $2,000,001 - $2,250,000

    Votes: 5 2.6%
  • $2,250,001 - $2,500,000

    Votes: 5 2.6%
  • $2,500,001 - $2,750,000

    Votes: 3 1.6%
  • $2,750,001 - $3,000,000

    Votes: 6 3.2%
  • $3,000,001 - $3,500,000

    Votes: 3 1.6%
  • $3,500,001 - $4,000,000

    Votes: 0 0.0%
  • $4,000,001 - $5,000,000

    Votes: 0 0.0%
  • $5,000,001 - $6,000,000

    Votes: 4 2.1%
  • $6,000,001 - $7,000,000

    Votes: 2 1.1%
  • $7,000,001 - $8,000,000

    Votes: 0 0.0%
  • $8,000,001 - $9,000,000

    Votes: 1 0.5%
  • $8,000,001 - $9,000,000

    Votes: 2 1.1%

  • Total voters
    190
  • Poll closed .
To ensure consistency, I am asking:

"How much total debt do YOU carry against your investment properties only?".

  • If you've got a partner, include only your share of debt (based on ownership)*.
  • Land holdings and developments also count. Shares, PPOR mortgages and the like do not.

This was previously asked here: http://somersoft.com/forums/showthread.php?t=78747

But the above has expired, so I?ve created a new poll, with more specific intervals, particularly in the "hot zones".

Curious, as always :)

* I know it's a pain in the rear, but couple debt mixed with individual debt will skew the results dramatically.
 
Last edited:
Whoops... I voted for combined. How do I fix it?!?

Good question. I doubt you can, unless a moderator is kind enough to adjust your vote (if that's possible).

If you're comfortable doing so, just let us know what you a) voted for and b) meant to vote for.

We can work it out ourselves.
 
oops

I didn't read it property and voted for our combined debt too. I marked around 1.2M but my share is approx $600K
 
What use does the poll serve?

+ 1.

If I was looking at amount of IP debt in my name it would be essentially zero as it is in hubby's name. And what if properties are held in trust? Again people would answer zero for that debt wouldn't they?
 
^^ Good point, all the IPs are 99% in my name. But I just put down my share as 50:50 not 99:1. Surprisingly after taking out PPOR debt, and after halving to get my share, I don't have much IP debt at all!! Should buy something clearly.
 
What use does the poll serve?

To satiate my curiosity -- a success, already. It's interesting to me being able to more closely examine the brackets of debt that the old (expired) poll had samples in more expansive groupings.

To those asking about trusts (which I did not consider -- sorry), why not (if married/with a partner etc) halve that debt for yourself? If there are three sharing equally, take a third?

And yep, I know I'll need to take into account the fact that many people who voted on the old poll would have included all IP debt, not just their share.
 
Don't worry DF. You can never completely get everything. There is always someone saying "What if...". That is the nature of any surveys. Something is better than nothing... Live with it :D
 
Ones debt does not tell much of a story, and the results of the poll will be skewed anyway. LVR on carried debt will paint a far better picture on ones debt levels and their current appetite for debt.

Say 2 people both have $2mil worth of debt. That information only tells you that both owe the bank $2mil. The first person may have $10mil worth of assets having been accumulation property over the span of decades and paying down debt as they see fit. The other could be a developer in a world of hurt, having recently been hit with a stonewall on their current development, leaving them with a block of land worth $1.5mil, and 6 slabs on the ground and nothing more. Big difference.

Percentages provide a far better picture, not hard numbers.


pinkboy
 
Top