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Are you comparing apples with apples here? A $216 rent rise seems to probably apply to something above the average rental cost when comparing it to increases on a $550k mortgage. (The average rent in Melbourne was $440/week fwiw) Whilst you had nothing to show for it, what if by contrast he...

I'm not clouded at all, I sold my main PPOR 14 months ago in preparation for the current market. You can do what you want with your own money. Why does a PPOR give you a lot of security? That's a social perspective, not a financial one. As is the comment on a "place to call home" If I could...

Nope, just have a decent amount of experience in it and plenty of skin in the game. It depends on your personal circumstances obviously, the by product of higher interest rates is certainly a reduction in borrowing power, but it's also offset by lower property prices. This is very much not a...

What do you mean pay more? The market might be competitive, but it will be at a completely lower price point that it is now. My only suggestion might be to find something that may have been passed in at Auction, currently for private sale and try and engineer the 10-20% reduction into it, but...

Would you rather pay 20% more rent for 9-12 months? Or lose 15-20% of the value a 9 x leveraged asset AND pay the increased holding costs for that period? Will you have have the cash reserves to secure the difference if the bank calls in your loan in 12 months if the reduction in your property...

For god sakes wait....... There's going to be at least another 12 months of rate rises. If this is your first home, you will have negative equity in anything you buy now in 12 months. You have the largest unions in Australia's 3 year EBA's currently up for negotiation at the moment, record...