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Mulgrave (Lower Middle class) is a very good area to compare as the house type is the same and we dont get the bias on increased values caused by our increased expectations on home size and fitout. Actually just looking at that property, seems a reasonable deal, add $300K for a couple of units...

Well I believe the ball park figure is 30% of average income, further more this average is been fairly consistent during the post WWII period! What is different houses are BIGGER now, not only are they BIGGER but they are BETTER! Take a look at what the basic WB '50's home had included? 1...

I am sure there is! But in all honesty my financial goals dont matter that much. My goals put such a strain on my relationship with my wife last year that I realise they cannot be achieved without breaking the very thing that I value the highest: my family. If my wife cannot cope with debt as...

Spark, I know you are considering the AUD$, but on a global perspective I think that in 10 years time, I am sure on a global average we can buy around double the amount of high quality socks for the same $100,000. Ie. for one hour of work I would expect to buy double the number of socks. Ie. my...

I was just interested in other opinions. Like many I grew up in a "battler" family where there was never enough and thus have the money is scarce mentality imprinted on my brain from early childhood. When I talk with people involved in high finance and big property, there apears to be...