
bonus: property, mortgages, LMI, parental guarantees & Vince has a new book
money money money
00:00
The Biggest House You Can Afford
When i bought my first house to live in in two thousand and 15, i was paying five % interest at the time. That was cheap money. And as you pointed out earlier, yo, we'e going to see the same type of increases that we've seen over the last forty years. It is hard to see how the buy the biggest housh you can afford rule is actually good advice any more. Certainly, buying your home is a great idea, and having it paid off by time you retire is agreat idea. But stretching to get there, but you may bill tattles ois tias.
Transcript
Play full episode