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Originally Posted by tim23
Meet that criteria over 45 - I see my mortgage free house as a comfortable roof over my head not an ATM either...
Well... on my street in recent years, a house goes up for sale and it is bought by some conglomerate group holding and they rent the cra* out of it. I'm in a new sub-division that went for sale in 2010 and most of the original owners have sold and moved on. Some are families but because of the high commanding price, it seems the houses get sold to the highest bidder which are those property investment scheme investors that turn the house into an ATM. I'm hoping a drop of 20 or 30% price correction.
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