Originally Posted by
Rudey
ofcourse price is a worry if you own 10 houses and stand to lose 20-30k off each your fucked intrest rates go up your mortgage in turn paying more for something that is worth less in a stagnent market they wont sell anyway
double fucked
thats common sense not just the buyers the owners too so id say yeah its a worry
I was talking about Graham Specifically.
If anyone is stupid enough to have ten houses on interest only payments expecting to hold on to their capital when the housing market slump has been so obvious for so long then cest la vie...