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by rob_c
309 days ago
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Probably to demonstrate that to ever actually be financially secure you should be paying off a significant part of your mortgage and not wage slave until retirement to only own 80% of the property due to inflation and rising costs. If you're buying into the 5% you're probably so fiscally irresponsible that nothing good will come off it. The new builds aren't all magically appreciating in value by 20% every year. And if they did the better house you'd want to move into has almost certainly gone up by 30% or more. |
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