this post was submitted on 07 Jul 2023
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Sounds good. And rate rises aren’t an excuse. We don’t care that you paid a stupid amount for it and are struggling to afford your loan payments. Sell it like you would any other investment that suddenly went negative geared that you couldn’t afford to keep.
To Philip Lowe: the market decides rent rates only holds as long as the market is elastic. And most people have a huge barrier to moving.