Search results

Having been a renter (I have only owned my house for a year), I can assure you I would have been screwed without property investers. I would not have been able to move away to attend uni. I would not have been able to move to canberra for my DH's career. Rather I would have been stuck at home...

JackC - I have to wonder who you are and why you visit this forum...

there would also be thousands of homeless because there are no rentals, and lets face it - some people are just no going to be able to get a home loan for whatever reason. I guess they could all just live at home with mum and dad forever.

I believe this ideaology is known as communism, which only ever works on a small scale in reality - Otherwise you end up like china ;)

I think it is more along the lines of thought that the piece of paper / plastic we use as money only hoolds value because we BELIEVE it holds value. This has certainly proved to be the case in many country's, where only certain currencies are accepted as money, sometimes not even the money...

My mum works with a woman who was having a winge about how FTB should be based on a persons disposable income, because it wasn't 'fair' that she had less to 'spend' after paying her mortgage and other debt, then someone who didn't have this debt. :eek: This woman's income was about 70k p/a and...

Not to mention Bayveiw that 80k p/a could buy st least a couple of 400k houses, or at least it is for DH and I :D

Tall poppy syndrome is alive and kicking ;)