theasxgorilla
Problem solved... next bubble.
- Joined
- 7 December 2006
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Not if you use the magic tax form that allows you to reduce tax from your salary each month.
I can afford a house
- Thread starter krisbarry
- Start date
Not if you use the magic tax form that allows you to reduce tax from your salary each month.
- Joined
- 1 November 2007
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The governments could help by reducing or getting rid of stamp duties on all property tranactions.
Also they just need to open up more land.
Also they just need to open up more land.
numbercruncher
Beware of Dropbears
- Joined
- 12 October 2006
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ok so standard variable rate that 90pc of mortgage holders have is now 8.57 and many economists predicting another in December and more next year.
Tax cuts from both major partys are inflationary and virtually guarantee rates rising further.
Average home loan is well over 300k and barelling down on 10pc interest rates in next 12 months. People paying well over 600 smackeroos a week in interest/holding costs for their homes before even repaying the principle.
I just read an article we have second consecutive quarter of declining residential construction approvals/starts.
Something will have to give .....
Tax cuts from both major partys are inflationary and virtually guarantee rates rising further.
Average home loan is well over 300k and barelling down on 10pc interest rates in next 12 months. People paying well over 600 smackeroos a week in interest/holding costs for their homes before even repaying the principle.
I just read an article we have second consecutive quarter of declining residential construction approvals/starts.
Something will have to give .....
