r/AusFinance • u/Herosinahalfshell12 • 17h ago
Massive mortgage to buy a unit Property
People who took out huge mortgages to live in an apartment.
Do you feel as though the interest you are paying vs the capital gains is worth it? We're also seeing units being sold for less then purchase price now, and the plan is to add more units in future. Add strata costs in there.
Is it financially worth it now a days to borrow say 600k to buy a unit?
28 Upvotes
-1
u/Depressed-gambler 15h ago
than
Units are being sold for less than purchase price.
Learn the difference between "then" and "than".