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Which is why you were able to buy into the market WHEN IT WAS CHEAP. I highly doubt you would be able to repeat what you did on a low income today. You know I am somewhat bemused by the lack of understanding of this very basic fact on these forums. At first I thought it was some sort of way...

If you buy now on a low income all you are doing is purchasing a property which is not good value for money.

They managed to do both and on pretty shitty jobs, because property was a lot cheaper relative to income back then. Something this forum seems intent on ignoring.

To be fair I was at uni for 5 years getting my degree(s) so most of my resources were put towards that and yes I did go out with friends during that time, but what generation of people do not go out when they are young. I mean seriously ? You're trying to say the reason property is expensive is...

I do not know anyone who is as you describe. An iphone will cost at the absolute most $70 a month and an ipod is about $300. Most people buy cheap clothes that look trendy and get a pass mark. There are wealthy people and people who high disposable income who just want to make purchases in every...

The dream as it was when I was a child is officially dead. When I grew up, almost all families could afford a 3 bedroom house and a block of land in outer or fringe suburbs of melbourne. Those days are long gone. I feel sorry for the young kids of today. If things keep going as they are, they...