- Aug 22, 2009
- AFL Club
- Other Teams
the way to look at apartments is they dont hold value like dirt does, but it allows you to build equityApartments are likely going to allow a lot of people (including myself) get into the market. Just unlikely to build significant equity in them, with the risk of going down further.
lets say you buy an apartment for $400k. you do that with nothing more than a shitty deposit. in x years, you want something new. you "deposit" this time is effectively the principle you paid off on the loan (which is why dont go interest only)
good luck mate