Search results

Or they'll be so rich because their parents ignored the D&G brigade and continued to invest in property anyway. ;)

Can I suggest you ask Santa for a book called "The Little Red Caboose" as clearly you missed this lesson in life when you were a child. You need to change your thinking to "I think I can, I think I can, I know I can". ;)

I believe Wylie's son is on an average (perhaps even low?) income and just bought his first home. I have just bought my third property and I'm on a single income < $100K. Propertunity - Great post! :D Starter - Congratulations, great story - you'll go far! Unlike some of the other...

No one is criticising you for choosing not to invest because you don't believe it's a good time to invest. Everyone has, and is entitled to different opinions on what is the best investment for them. It's the fact that you have said you want to buy, but first home buyers are priced out of...

Why would ANYONE want to make a loss? :confused: The idea behind rental losses is that there is a long term gain building up. When you sell you pay capital gains tax on that gain. Your posts are past being humerous now, you could go on Today Tonight with the big book of "1000 Excuses Why...

You missed my point too. Refer above, I wasn't talking about future capital gains (even though I disagree, and believe long term it will continue to increase). I'm talking about affordability today for someone who wants to buy their own home. Beebop COULD buy a 2 bedroom unit for $250K but he...

You missed my point. :rolleyes: Beebop was saying that he has to spend $350K for a three bedroom house. I suggested he look at 2 bedroom units instead for around $250K which would be affordable. But apparently that's not good enough, so I was simply saying that that is how I started, with a...

Yes he does, he wants a time machine. ;)

And I was working off this... :confused:

I'm saying $250K today! It'd be entry level for 2 bedroom, but not impossible. http://www.realestate.com.au/property-unit-vic-lilydale-106829325 I actually paid $95K when I decided to get in the property market ASAP instead of making excuses.

I was thinking Lilydale (only because I'm familiar with that area) on the outskirts of Melbourne. You can (just) get a 2 bedroom unit for $250K. That's where I started, but I'm sorry if that's not good enough for you, then continue complaining. I'm happy though, I started in that "hole of a...

I disagree there, I think seeing the same thing over and over again is boring and pointless. There is just so much to see, once you travel you get that 'bug' and want it more. Bit like buying property, buy one and it's not enough... ;) You say you are looking for a 3 bedroom house in the...

And they could afford to 30 years ago? My mother dreamed all her life to go to Europe, she could finally afford it after we were grown up and the mortgage was paid off. She did it in her 40's, so I don't think she'd be feeling sorry for any 20-something year old today who couldn't afford it...

I don't understand how you can not see their argument. I have nothing more to add, just the fact you are so narrow minded in the "I have it so hard" mindset says it all. :rolleyes:

Was definately easier for me in 1984, I was six years old, so my parents had all the worry. :p

I think it's by choice, so they can have the 4 bedroom, 2 bathroom, double garage house, brand new cars every few years etc. and so they can keep up with the Jones's. Like I said, my sister is doing it on a single income herself, but then again she just has a modest weatherboard 3 bedroom, 1...

What facts? You mean these ones: 1. Other living costs, such as motor vehicles, white goods etc. have decreased. 2. Many households are now dual income. 3. People are living at home longer, so if they stay at home an extra 5 years and save their full time salary, together they might...

My sister is a single mother of two young children and is managing to pay off a mortgage. Then again, the roof over her head is her priority over having the latest gadgets, new car and designer label clothing. People will always make excuses as to why it can't be done. I believe if you...

Nah, that's close. Mine was Lilydale! :eek: Don't forget the 'P' plater today has to have a brand new Toyota Corolla or similiar costing $20K or more, on finance. Seems to be gone are the days that most will buy a $1,000 car. Mine was $300, and a total crap box, but worked. Then there's...

Exactly, and what Lizzie said! So many people today think they can start in their ideal location and the thought of being more than a few minutes from work just doesn't seem to be something that can be considered today. My first place, was a 30+ year old 2 bedroom unit, an absolute DUMP...