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  1. Peter Parker

    Brisbane property - Three generations speak

    I'd be very wary of saying that fit adults have a basic right to anything since it breeds an entitlement mentality. Having said that, the economic system exists to serve society. Policy should ensure that there is fair reward for work and opportunities are reasonably available. Peter
  2. Peter Parker

    Brisbane property - Three generations speak

    Comparing 'median houses' with wages is a rough indication of affordability, but in relation to first homes, the extent of dispersion of house price is also critical. High dispersion is good in that it implies a good supply of cheap homes that provide opportunities for first homebuyers (ie...
  3. Peter Parker

    Brisbane property - Three generations speak

    Let's multiply the above figures by 200 and assume that the 'very good womens salary' is equivalent to a roughly average wage today. Pay: $2200/fn (or annually about $55k) House Price: $200k Savings: $60k approx, shortfall from family and war service loan If we assume a dual income...
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