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  1. BayView

    Investors keep first-timers out of market

    Yes, and only have suburbs with a $1mill median. :D
  2. BayView

    Investors keep first-timers out of market

    There ya go!! What's wrong with those? But; to compare apples with apples - almost all these whines seem to be from FHB's in Melb and Syd; maybe Bris.
  3. BayView

    Investors keep first-timers out of market

    where would they buy the $240k house? Remote and/or dying Country towns don't count - the majority of FHB's won't go to those areas.
  4. BayView

    Investors keep first-timers out of market

    Like so much of the discussion on this site, pulling out stats based on a report found on the internet hasn't actually got much to do with reality. A lot of cyber-experting going on here, without a lot of world experience. Maybe not you, but this latest comment is a joke - come down here and...
  5. BayView

    Investors keep first-timers out of market

    How about we ask the existing Sydney-ites here on SS what they reckon? Anyway, we won't agree, so it's over.
  6. BayView

    Investors keep first-timers out of market

    The town planners have always been aware of what the future was going to bring in terms of population and sprawl, but always neglect to implement the correct infrastructure ahead of - or in time with - the future use requirements. This may be due to budget restraints of course. Almost every...
  7. BayView

    Investors keep first-timers out of market

    2 years before my wife and I got married, I bought a block of land for 60K - with cash (massive savings binge for 2 years). We spent 180k on the build and we paid that off in just over 2 years - no kids at that time. Mind you; I was 32, so we had a few years of income earning up our sleeve.
  8. BayView

    Investors keep first-timers out of market

    I'm not hysterical, and I couldn't really care less. I won't be on the planet in 50 years time, and I currently live in a place with 1 traffic light, in a court surrounded by holiday homes which are vacant.... Just how I like it (except for Dec 26 when all the Terrorists descend on the...
  9. BayView

    Investors keep first-timers out of market

    As you know, I have a strong view on filling up this Country/Planet with humans just because we have the space. So what? Does that mean we should, and just because Japan is packed, does that mean we in Aus should too? When folks talk about dense population levels - and don't note in their...
  10. BayView

    Investors keep first-timers out of market

    Gee, that'd be cool. So, if all of Japan jumped off a cliff, should we do the same? I do like the knee high socks and pleated skirts look, though - if this was a prerequisite.
  11. BayView

    Investors keep first-timers out of market

    Well, apartment or house; that'd be a choice, and thankfully here in Aus the vast majority still have it.. Mind you; I've witnessed a lot of people living in a very little apartment in a few places around the world, and vice versa. However - and more importantly - at current global...
  12. BayView

    Investors keep first-timers out of market

    how about simply capping the child rate at two maximum per couple? Replace only yourself. depends on your upbringing I guess. I have lived in both rural, suburb, and city. I prefer semi-rural, with the option of getting to clogged cities when the need/want arises. I like open spaces and...
  13. BayView

    Investors keep first-timers out of market

    Why not? I think one of the greatest things about our Country is the current situation we have of being able to enjoy space, large dwellings if you so desire etc. When we lived in L.A, we lived in an area called Mid-Wilshire. Nice area, but proliferated by loads, and loads and loads of...
  14. BayView

    Investors keep first-timers out of market

    Exactly, and the problem is dollars. They already know what the likely population will be in say; 20 years time, but can only spend XYZ dollars now - and usually too late for what is required anyway. My final say on this; What was the world population 20 years ago, 40 years ago, 100...
  15. BayView

    Investors keep first-timers out of market

    I don't know that this will happen in large numbers. Most folk are scared witless at the prospect of buying another house; it is expensive, it has a lot of processes and work behind it....not an easy thing to do comparatively (to shares and TD's etc). Then there's angst about dodgy...
  16. BayView

    Investors keep first-timers out of market

    Overpopulated compared to what? Other cities? That is hardly a reason for any City/Country to think they should blast away ad nauseum trying to fill up the joint. It's insanity. Remember that next time you are stuck in one of those traffic-stopped-on-the-freeway-due-to-whatever, scenario...
  17. BayView

    Investors keep first-timers out of market

    I don't understand the meaning of your last sentence? Moving on; just because we have an enormous Country and apparently low density cities, it doesn't mean we should follow the rest of the world and clog them up with folk. I've visited many large cities world wide, and they are exciting...
  18. BayView

    Investors keep first-timers out of market

    Oh, but Lizzie, didn't you know?... We have a vast Country that can easily take another 50 million people or more!! :rolleyes: (great theory, except every immigrant (and Country kid) move to the......CITIES)
  19. BayView

    Investors keep first-timers out of market

    I know it's a fun gag you were making, but what Lizzie was doing was just illustrating life in that time for most folk. There are plenty. The topic was that us evil investors are keeping FHB's out of the market. Just using me as an anecdotal illustration; every IP we have bought has been on...
  20. BayView

    Investors keep first-timers out of market

    Sanj, I think you've mis-interpreted my post, there. I was referring to how many old people refuse to embrace technology....even the more basic stuff. :confused: They won't use ATM's and so on; still use Bank passbooks, still pay bills at the Post Office, etc - not so much that they are...
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