Worst case scenario, input and ideas welcomed!
Hi.
So i firmly belive that the global financial markets are teetering on the edge right now.
What im interested in your ideas are how that would affect someone like me and what steps to take to limit that exposure to risk.
Im looking at buying a simple rental in New Zealand with a mortgage from a NZ bank, and some funding from my parents who i will need to pay back eventually, perhaps around 10 years or so roughly.
So, worst case scenario and the markets freefall, what risk would i be exposed to? Increased mortgage rates?
Look forward to hearing your ideas, Cheers!