Quote Originally Posted by iceman View Post
My point exactly artemis. They accept employment income and rental income but ignore 100% of the dividend income. I showed them back 7 years that the dividend income was certainly no less reliable than rental income but "rules are rules". That is the ridiculous part. Then we are told to diversify our savings and investments but the whole system is geared towards housing artificially maintaining worryingly high prices. And our young first home buyers and families are the biggest sufferers of this stupid policy.
Yes, employment income can fluctuate - and disappear - just as dividend income can. But if the worst happens the value of the equities usually disappears but the mortgage on the real estate remains.