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So? (10 chars)

When I bought my first ppor in 2004 it was 7.5 times my gross salary. When i bought my 2nd ppor in 2012 it was 4.7 times my gross salary and is less km from the cbd. So by your definition, houses in Perth are getting cheaper?

Only strategies for reaching top 1% of australians would suffice. Trey cant visit though as china has no furniture. Perhaps they can communicate via his CCTV?

Is Bali meant to be an impressive destination?

$150k in todays dollars

I'd be using it as a 5% deposit :)

He was being sarcastic. Having cash and no assets is not a sophisticated investor at all; far from it.

Inflation my dear watson

Fairly poor definition then since he's too afraid to invest?

Oil & gas is the new mining

Can't see that happening, it's just an alarmist view. If your clients help their kids buy homes that's nice of them, but not necessary. Banks have never asked for life insurance other than for upsell purposes.

Yea im sure he does. Hes the one who can afford 50% deposit on a 1st home but enjoys his parents company more

You think I like living in Forrestfield and spending 4hrs a day on public transport? Man up and get yourself a place, wait for some equity and then buy more places. Soon enough you can upgrade the PPOR you something you prefer.