Is Property the Darling Investment it once was?
There is a long held notion that if you leverage property (borrow other people’s money) it’s a winning investment. How does leverage work? Here’s a simple example: Purchase price of property $500,000 You borrow $400,000 at current rates of approx. 7% Your deposit $100,000 Growth over 1 year of 8.6% (long term average return on […]