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Mortgages Made Easy: 8 Steps to Smart Borrowing for Homes and Investment Properties, Australian Edition by Bruce Brammall

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Introduction

Debt is a four-letter word. And it's going to get a fair run in this book, so if the word offends you, you should gently put this book down now and calmly back away. No one needs to get hurt here.

As a word or concept, debt has got a reputation that rivals some of the other four-letter words that get bleeped on radio and television and that I try really, really hard not to use in front of my children. Honestly.

Most financial commentators and the media seem to have a near pathological fear of debt, without ever actually explaining why it's evil. ‘It's bad because, you know, it's, um, not good.' It just seems to be a universally accepted truth that it's evil, like the devil, spam email, mosquitos and Justin Bieber. In post–Global ...

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