maniacalmanicmania to AusFinance · 7 months agoMortgage nation. The 'wealth effect' that drives big bank's super profitsmichaelwest.com.auexternal-linkmessage-square4linkfedilinkarrow-up111arrow-down10
arrow-up111arrow-down1external-linkMortgage nation. The 'wealth effect' that drives big bank's super profitsmichaelwest.com.aumaniacalmanicmania to AusFinance · 7 months agomessage-square4linkfedilink
minus-squareDavidDoesLemmylinkfedilinkarrow-up1·7 months agoIt’s not pure gravy. There’s an opportunity cost in having that money tied up in a house. Plus there are other obligations on a landlord beyond mortgage payments.
It’s not pure gravy. There’s an opportunity cost in having that money tied up in a house. Plus there are other obligations on a landlord beyond mortgage payments.