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  1. BayView

    Homes officially out of reach for under 35's

    Doesn't mean we shouldn't try, and doesn't mean some won't listen. Or; we should try anyway and some will listen.
  2. BayView

    Homes officially out of reach for under 35's

    Not all; just the ones who whine that they can't afford anything.
  3. BayView

    Homes officially out of reach for under 35's

    That is a very (financially) dangerous assumption. I have seen many, many people whose incomes have gone tremendously UP, and also tremendously DOWN in their working life.
  4. BayView

    Homes officially out of reach for under 35's

    Our choices define our path, I've observed. Your post reminded me of a young-ish couple we had to sort out tyres for the other day at my workshop; Young - maybe early 20's. Nice couple. Arrived in a clapped-out old "P.O.S" Conformadore with bald tyres. (in fact; I am thinking of changing the...
  5. BayView

    Homes officially out of reach for under 35's

    I suspect you will be right; sad to say. Time will tell.
  6. BayView

    Homes officially out of reach for under 35's

    Maybe most folk want the big dollars and not work for it. "Truck driving; eeewww!" It's interesting - the average wage in Aus is apparently around the $50k mark at the moment? Call it $60k. So, $100k would be well above average, thus; in my book you would need to work a bit harder and...
  7. BayView

    Homes officially out of reach for under 35's

    They don't have to take the whole loan period to pay it of though. But of course; that's not what people do; you've gotta borrow as much as you physically can, pay the minimum repayment (because you're at your borrowing limit) and hope like hell the interest rates don't go up. This would...
  8. BayView

    Homes officially out of reach for under 35's

    Maybe I'm way out of touch these days, but I would have thought that Elwood is definitely not a first homebuyer's area. It's one of those areas that I eluded to in my last post which Group 2 look at all the time, and bleat because it costs $440k+. They should try moving to somewhere like...
  9. BayView

    Homes officially out of reach for under 35's

    There seems to me be basically two different camps among the "young" these days. 1. Your average, say; 20 year old who is enjoying life, spending everything they own on Ipods, Iphones, bali hols, cars too expensive for their income, etc. 2. The upward and motivated studious and professional...
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