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Spot on. We generally take a month off each year for overseas travel. It's about balance, and working towards long term goals.

Most of the friends I had at uni did this, sometimes for several years at a time.

This is spot on.

Is there a reason why you have waited this long to try to buy property? 15 years ago property was relatively cheap, but both today's and historical standards, and you could have bought in then.

Sounds a lot like the better paid people that I know. Big 4WDs, boats, motorbikes, jetskis, caravans, etc, and now lots of whinging that the govt is destroying their way of life because we are in a downturn.

It doesn't necessarily make your a bad investor either. It depends on the property you bought and what you paid for it.

That's nice, but the real issue is that at different times different things are cheap or expensive, and other opportunities may or may not exist. Times past, real incomes were much lower. Standard of living was lower. Credit was harder to get. Houses cost less. Ultimately, we have...

You know what's really unfair? That people who are now in their 50s had to deal with far, far higher prices for a whole range of things when they were starting out than youngsters of today, such as: * Cars * Whitegoods * Appliances * Travel * Clothing * Food Also, people of this age...

If you're 35 now than that means you've had around 15 years to buy a house. If you haven't managed that by now, well, you've missed your chance to buy a house young. For those under 30, I'd suggest waiting and saving, as there'll be opportunities over the next few years. Unfortunately...