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yeah even michael jordan's previous home had a price downgrade.

go watch the series - i dun think it is like sydney - it is in a market of its own.

if you lived in new york, the properties there are crazy as in price wise. if you ever watched million dollar listing new york (tv series) you realize apartments over there go like 1+ milion for 120+sqm apartment and there are stuff going for like 22 million. It is a whole different market...

i used to be a perm and the car allowance was around 20K a year for lease, fuel, service etc. It was part of the job to have the car. Unfortunately, there wasn't an option to just take cash for it. i had to use that amount and any extras if i chose a more expensive car would be paid by myself.

very true - got a couple of friends who bought new mercs and porsches although on salaries that are ok, just to keep up appearences when the money could have gone to another deposit for a house. Again asian culture is very integrated to image and wealth image such as having designer wallets and...

yes and no - i am a contractor myself having come from being a permanent most of my working life. Some work is super technical but some is paper shuffling - but the rates are consistent across the board. Then again the project finishes which does take 1-2 years, so does the job. Prior to this...

agree they're overspending - i have a partner and my average living cost is around 1.5K per month.

the issue is i think is many have been on high incomes for a long time and they spend up to their income. my work place currently has a lot of contractors. And the guy next to me has been earning 200K+ for last 10 years as a contractor and he was saying just to stay afloat requires 160K...

Just crazy - i got work friends earning single income earner 200K+ but with 2 kids but surviving fine with a few properties. just depends on lifestyle choices. The biggest expense for ppl are the kids school fees, supporting parents etc.