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    Poor first home buyers Sydney

    Totally agree. Yes price-to-income ratios are high at the moment (7:1 nationally, much higher in capital cities like Sydney) but property is still attainable if you work hard and make sacrifices/compromises. This is not the case in some Asian cities, where it's more like 30:1 or 50:1. When...
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    Poor first home buyers Sydney

    You make the money..she spends it. It's called teamwork :cool:
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    Poor first home buyers Sydney

    I have another place settling in probably 4months in the Parramatta area. Another OTP (gasp!). Was purchased 18months ago though so it's gotten a nice chunk of CG as well based on comparable sales. Will be a PPOR though, bought with the missus. After that might have a look at Brisbane if we...
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    Poor first home buyers Sydney

    Only a small minority can think like that. Most people are hardwired to think "if i only own 1 property then i must live in it.". I've tried to explain the cashflow and flexibility advantages of renting out an IP and then renting yourself to friends and relatives who are not investors. None...
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