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come on boomer....(like the use of 'mate' though....you have assimilated well since arriving from Canada :) ) .......50% of the population is on less than 52kpa. and most don't have the security of permanent employment. work out what % of after tax income a guy on 45k pa is paying when rent is...

and its possible the fed govt doesn't want to help. Ian MacFarlane's (previous RBA head) solution to Sydney's housing problem was to encourage young people to move away (seriously). hahahaha. Suppose he thinks everyone can get work in the mines. Another thought....a lot of the Sydney...

I have a friend who is a hotshot with Allianz Insurance. A lot of their national operations are based in Brisbane, and they have just moved a significant amount of that to Adelaide. It makes a lot of sense because wages are lower there...and property prices. A regional town didn't offer the...

Just having a closer look at Sydney fundamentals. Seems the problem is being most caused by local government not getting zoning right and trying to pull too much revenue from property, ergo less housing starts. I've had a view that household income has not increased enough to cover all the...

good stuff Eastside. sounds like a convenient arrangement to have an out of towner with you during the week...and weekends free. I am in Brisbane. Demographers are saying there's a rising demand for 1 occupant dwellings, and many developers are doing 1/1/1s. But I think this is inefficient...

In a market like this, efficient market theory would dictate that people bid to pay the highest rent. This would do two things: -make households more cost effective by pressuring renters to have an occupant in every bedroom. -increase rental returns and thereby support construction of new...

hey I like that idea of having a friend or partner back at the office ready to hand over cash (and signed application), in addition to having the same on site at inspection.

do some fundamentals research. consider why the NSW State Govt is a basket case, and how they are going to solve their problems. One reason they've got issues is their stamp duty income is down significantly. talk to a lot of local business people, ask if business is up or down. also have a...