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The article just points out this fact but is not discussing causation.

So what happens if we find middle aged women that are bald, fat and smelly?

Uzbekistan is quite unstable and 650k is really "danger money" wherein your life is on the line. But I guess you can get run over crossing the street in the middle of Vaucluse.

Interesting article regarding how Aussies do seem to spend more efforts in educating their boys rather their girls. http://www.news.com.au/lifestyle/parenting/parents-more-focused-on-boys-education-than-girls-experts/story-fnet085v-1226682195444

There is something totally incorrect about this situation. If this kid is aged 30 and has completed specialty training, he doesn't need to "find a job". He can set up in private practice anywhere he pleases, earning megabucks. Otherwise, I would personally be glad to employ him at higher...

There is not that much status any more, certainly not compared to twenty - thirty years ago. But it certainly helps cashflow.

I doubt anyone buying a 10m PPOR would need to out a 6m loan. Mortgages with even higher LVR are usually taken by people buying sub 2m PPOR. Hence mortgages for PPOR are usually taken out by people who can least afford them, relatively speaking. The owner of a 10m PPOR is by definition in...

There are private schools and then there are private schools. Some are not much better than the local State. I think that if you are going to make this investment in your children, they should go to the best. Places like Scotch Melbourne and Geelong Grammar have longstanding pedigree and...

This is one of the greatest problems plaguing society today. That the basic family unit is not carrying out its responsibilities towards its younger members. Imagine the effects on crime rates and social misdemanours from juveniles if parents were held responsible for the sins of their young.

There will always be certain groups of humans that other humans do not wish to have associations. The barriers that separate us can be due to financial background, color of skin, religion, etc. The attendees of the top/elite private schools (meaning about 30-35k in fees alone) are...

An article from this week's papers suggest that many parents in our population are very concerned as to where their children go to school and hence, whom they mix with. This article talks about: 1. parents registering their children's name with the elite school on the day of birth (in...

I agree with your exception to the rule. In smaller communities, I guess you have to socialise with someone. In a smaller town, there may only be half a dozen people with 3mil plus homes and if the kids / parents wish to interact with other humans, there is not that much choice and hence...

BV, I guess you are correct in a generalised way - that a post code's reputation may be sufficient for people to want to move there, over and beyond the availability of amenities. From the reputation of a certain area, if you can afford it socio-economically, you would wish to move there. If...

We know that the median wage of Cabramatta residents is lower than the median wage of Vaucluse or Wahroonga residents. Hence, it is not entirely true that residents Cabramatta have full choice of living where they want to as there is a significant financial limitation. We also know that children...

I don't think it is a neighbours issue. In big modern cities, most of us don't know our neighbours anymore, let alone their net worth. However, established amenities, schools, cafe culture, pub culture, concert halls command premiums in the north and east.

But the average /median house price in Cabramatta / Mt. Druitt will never reach that of Wahroonga in the north or Vaucluse in the east. I think that this reflects that the "amenities" or facilities of the north and east are far more popular and hence, commands the premium.

Me, I would like a 3 bed room, 2 car space modern apartment with good views of Sydney Harbour. Why compromise at all? Be close to the amenities and still have the space and quietness of the boonies.