Search results

Like a cat plays with a lizard? :D

And you will do well for yourself because you understand that in life everything is not handed to you on a silver platter. You have to work, and strive for what you want, and even then, you have to be realistic. I know a single mother. To be fair, this person is not a bludger and she's...

We've got a pool and ducted air-con.

Thankyou for twisting my words. I said it only has to grow at the rate of inflation, not it will grow at the rate of inflation. The truth is that in some areas it will grow a lot faster than inflation, in some it won't, and in still others it will stagnate. As for being a capitalist, lets...

We pay over $1000 per quarter for 3 people. Yes it can. When you buy property, most people only use their own funds for the deposit, and a lot of investors don't use any of their own money. Property only has to grow at the same rate as inflation for the purchaser to make a nice little...

Haha, thankyou! I get so sick of some people thinking us oldies had it easy, so I just wanted to throw in some examples of things as they were. It was hard then, it's hard now, and it will be hard for the next generation as well. But the thing to remember is that it is doable. When the...

It matters because housing affordability isn't as linear as some people make it out to be. THE COST OF LIVING, IN REAL TERMS, IS LESS THAN IT WAS for many items, which by default, had a bearing on how high prices housing prices were back then. It is all relevant. The wages, the amount...

I know, right?

I'm not really sure why we're having this whole affordability argument AGAIN, but I'll add my 5 cents. OK, you are young, fresh out of Uni & you've been able to save for the deposit on your first home. Congratulation! You've done what most people your age wont do, to get you where you want to...

Don't worry too much. Over time, it all evens itself out. Last cycle, even though I'd seen it all before, I sat there in wonderment thinking 'how will people pay for all this?', but they do. Wages grow, welfare grows, prices stabilise and we all move along. There's little point in worrying...

But this is the thing. The market is a changing thing. It's super expensive RIGHT NOW (in Sydney) because we are in the middle of a boom, but give it, say, five years, when interest rates are climbing and people are finding it hard to pay the mortgage (babies, loss of job, divorce etc), prices...

Nothing wrong with that. It's a wise move to get you where you want to go. Older generations didn't KNOW they could do that. We didn't have the internet with access to all the information you guys have. We just had to muddle through the best we knew how. In retrospect, if we had the...

Not anymore! :D Well....let me clarify that I'm not sure about what's available on the central coast, so maybe somewhere there. Certainly no freestanding homes, but of course, there are plenty of units available.