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  1. geoffw

    Housing Affordability for GEN Y

    Here we go with the generation bashing again. For me, I didn't buy a house when I was younger because I thought it was unaffordable. As it turns out, it wasn't. I am not saying that it's easier now than then. It is harder. But it is still doable- as long as you have the mindset that it ca...
  2. geoffw

    Housing Affordability for GEN Y

    Just like Melbourne. It was almost sunny on Monday, almost sunny on Tuesday ...
  3. geoffw

    Housing Affordability for GEN Y

    But life expectancy, even for older people, has increased. They'll be waiting a long time. I realised long ago that an inheritance would take a long time. I didn't realise until a few years after that that there wouldn't be much left. I would prefer to leave not a lot behind.
  4. geoffw

    Housing Affordability for GEN Y

    Canberra is certainly colder than the other capitals- but the summer is more pleasant than in Sydney. I measure a climate by an index I call the MWWI. The "Mrs W's Whinge Index". Every day where it's so hot and humid that it becomes "I can't stand it. It's so hot" is added to the index. So...
  5. geoffw

    Housing Affordability for GEN Y

    No. I just knew that there was no way that I could ever afford a house o save up a deposit so I never did it. It was only getting married that even put it on the radar. We bought a house in England very soon after we were married as you could do it on a much smaller deposit than was...
  6. geoffw

    Housing Affordability for GEN Y

    Here we go with the generation bashing again. Like those who came before, wages will rise while the loan stays standing. The cost of the loan will diminish in real terms. They will be no more a salve to the banks than many generations before them.
  7. geoffw

    Housing Affordability for GEN Y

    Tones for stock. Is that like musical shares?
  8. geoffw

    Housing Affordability for GEN Y

    Nowhere near the generalisations which have been posted in other threads about race- but nobody has been too upset about those.
  9. geoffw

    Housing Affordability for GEN Y

    There's a bloke I know who was like that. He was happy to rent all of his life, and spent everything in lifestyle- with nothing to show by age 32 but a lot of books. But I then met the love of my life, go married, settled down, and bought the house (we've now been there 20 years) and later...
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