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Had a big hole burnt in the kitchen floor. We replaced it (the floor not the hole). The bank valuation was after we'd gutted the entire house, the valuers were very iffy about the lack of kitchen sink, no kitchen ceiling and wires dangling all over the place, which is why the bank valuation was...

I bought a mortgagee sale house as an investment property at 40% less than the bank valuation earlier this year (give or take - $65k vs $90k - the council val is $110k), I think this fact alone allows me to both moderate on GPHC *and* post over here :D

Cheap houses are good, mmmkay. I should know, I'm onto my third ;)

There's a striking correlation! In my town, the population has dropped 90%*. And house prices have tripled!!!!!111!!!eleven!!! :D *since 1970. But the newspapers have used this fact (and it is a fact) to get us on the front page of the paper once as a drought-stricken town and neglected to...

Oh yes, I keep forgetting the insane number of people around here who live in parked buses. They get them towed between other people's backyards and pay a pittance in 'rent' for an extension cord for power and the use of an outdoor dunny. Except the guy who has had his bus parked for so long it...

Wtf? I've always lived in a house/flat/unit/apartment, so has everyone else I've ever known, in Australia at least, and throughout history people have usually lived in property they either staked a claim on by building something on it, own or rent from a landlord or the crown. Hence the comment...

Not everyone has shares. Noone really *needs* shares, but virtually everyone needs property - whether they rent it, own it or owe the bank for it. It is very hard to dodge having something to do with property but really easy to have nothing to do with shares. Which makes it even more weird...