Who here owns?
Who here owns?
Out of context: Reply #27
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- slappy0
I have a house, just putting it up for sale now.
Mortgages are ok, as long as you can cover the repayments + a bit extra in case interest rates go up in the future.
My minimum payments are AUD1700 a month but I pay AUD2500. That way I will have paid my house off in 13-14 years instead of 25. After I sell this place in the city and move out into the valley here in perth I will have 4-5 years to go.
If you can see your self being there for at least 2-3 years I say go for it, you can always cash out and get some money back if you have been there a while. Its likely houses will go up in value as the economy steadies over there no?