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FHBs urged to tread carefully

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Australian Broker | 24 Jan 2013, 07:00 AM Agree 0
The great Aussie debate: To rent, or to buy? One major broking group says the latter is often the best option, but urges FHBs to think long and hard before applying for a home loan
  • Incognito | 24 Jan 2013, 10:44 AM Agree 0
    This is largely the accepted view of housing in Australia.

    But they must also add the interest you no longer recieve on your deposit money, or the return forgone on equity sitting there.

    As a general rule the lost income on that 20% deposit explains much of Australian house prices.
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