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  1. always_learning

    IP investors: "Children of Parents raised in the Depression"

    $80k+ "really upper class"your joking right ? after the ATO tax stick, I dont even think I could keep food on the table, a roof over our heads, a 1/2 decent used car in the driveway in Sydney for that!!! $80K I would class as lower middle class. $150K Middle-class. $500K or more upper. $1M/year...
  2. always_learning

    IP investors: "Children of Parents raised in the Depression"

    How to start a huge problem! a) Marry a Japanese b) Have a monther who does the above with christmas wrapping. - Mother scrunges old christmas wrappings - Give "gift" to my wife and latter grand children in "used" old paper! In Japan gift giving is important and just as important is...
  3. always_learning

    IP investors: "Children of Parents raised in the Depression"

    I read recently that residential property investment is dominated by the first generation to be middleclass, ie of working class parents. Those who's parents where the children of depression and war-time, but who's children could attend university or become skilled labor and thus able to become...
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