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  1. BayView

    Greedy Investors

    The term "Greedy Investor" would never be used by someone who actually does it - only those who don't. So then, the question has to be asked; "why do they think investors are greedy?" 1. They want to invest, but the greedy investors bought up every single property and there are none left in...
  2. BayView

    Greedy Investors

    Nah; I'm only in it to provide a community service by supplying housing for those who need it. If it were up to me, I'd give it to them for free, but the PM insists we charge a good rent. What can you do? It's a selfless act, but I'm up to the task. :D
  3. BayView

    Greedy Investors

    Assuming the average wage is at $52k per year, which I'd seriously doubt - I reckon it's more, then this would mean a first home would be in the vicinity of $208k. You don't get much for that, but you can still do alright for $300k or less - if you are not too fussy and just a little bit realistic.
  4. BayView

    Greedy Investors

    This one caught my attention: It's a classic whinge by a renter. They don't have to spend $400k on a first house. But they want to. You have to be realistic; BUY WHAT YOU CAN AFFORD. If this means not living near the office, or the cafe strip, then stiff. The only decent...
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