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North shore - unaffordable dream?

North shore - unaffordable dream?

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Old Sep 23rd 2018, 3:07 am
  #16  
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Default Re: North shore - unaffordable dream?

Originally Posted by Moses2013
I was also happy that the crash happened in Europe, as it allowed me to buy at an affordable price.
That's lovely, that.
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Old Sep 23rd 2018, 3:12 am
  #17  
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Default Re: North shore - unaffordable dream?

Originally Posted by Moses2013
Yes, they walk away because they own the banks that money and can never pay it.
You are seriously mis-informed here.

If you bought property in North Shore in 2007, it will be worth approximately 1 million dollars more now in 2018 than you paid for it. Add in paying off ten years of mortgage off what you borrowed, and if you've moved a couple of times, paying off more of your mortgage or trading up the ladder, Of course you can walk away with a million...
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