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Whinge of the day thread...
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<blockquote data-quote="Upside" data-source="post: 611058" data-attributes="member: 9866"><p>Where we're at rents are extremely high but houses extremely cheap. Last place we bought was 50k. I spent 10k in renovations and it now rents for $330 a week. The rent on that more than covers the mortgage on the house we live in.. Then just repeat the process until the cows come home. </p><p></p><p>Hermansburg just out of Alice springs you mean? What a dump. I built the new Centrelink there think It was start of last year now. Actually Alice springs wasn't much better.</p></blockquote><p></p>
[QUOTE="Upside, post: 611058, member: 9866"] Where we're at rents are extremely high but houses extremely cheap. Last place we bought was 50k. I spent 10k in renovations and it now rents for $330 a week. The rent on that more than covers the mortgage on the house we live in.. Then just repeat the process until the cows come home. Hermansburg just out of Alice springs you mean? What a dump. I built the new Centrelink there think It was start of last year now. Actually Alice springs wasn't much better. [/QUOTE]
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