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Eeewww!!! 10 Characters.

I don't think you're older than me & I distinctly remember tissues & tampons. Not sure about the tea bags, as Mum always used leaf tea.:D

I think that was in reply to my $240k property. :D http://www.realestate.com.au/propert...uitt-115480771

I think we're splitting hairs again here. Ideo's question was in reply to Kathryn's post. I assumed that he hadn't really read all of what Kathryn had said & wanted to know if someone here could duplicate what Kathryn had done, based on the same variables that Kathryn had given. I've...

Exactly!! But you are also forgetting that $20hr is a low wage. Kathryn said they were earning 40-50% ABOVE AVERAGE EACH. So......less than 4 years would be doable.

Medians & averages are different. You would not get two full time wage earners earning $1234pw. Remember, she said that they were earning ABOVE average wages EACH!!!

Well, I'm not sure what the AVERAGE full time wage is, in Sydney. Kathryn stated that they BOTH worked full time on AVERAGE, not minimum wages. In fact, she said that they were paid about 40-50% above minimum. I have been led to believe that the average full time wage is around $80k. So...

http://www.realestate.com.au/property-villa-nsw-mount+druitt-115480771 There were some cheaper, but I chose not to look at units, over 55's homes & caravan parks. This is easy commuting to Parramatta. Katherine says that their wages were average, let's assume $80k EACH. Now, I know...

Thank you for your assumptions. My first PPOR was well below average. It was all I could afford, but it was mine.

I think, but am not sure, that the average income is around $80k these days. You can buy a home in 2770 for just under $300k, or in 2560 for just over $300k. Both these suburbs are around an hour commute by train.

Haha, thanks Wylie. I know the 'oldies' get it. A lot have been there. Something else to ponder. Even now, in our third home, although a nice home, it is not located near Hubby's work. He does the commute every day. To this day, we still can't afford to live closer to the City...

Neither was ours! We were on one income, higher interest rates & a higher overall cost of living as a percentage of income with no grants or middle class welfare. Our first house was a tiny crappy thing. It was weatherboard that had chicken wire wrapped around it then cement rendered...

My childhood memories are of a family of 4 living in a tiny miner's shack, up a dirt road. We did have a flush toilet out the back, about fifteen metres from the house, when we finally moved into the 'new' house, which was another tiny miner's cottage with one bedroom, a room off the side of my...

Look, I agree with you there. I just get a bit uptight with those that try & diminish the fact that times were tough 'back then'. There seems to be a general consensus, and this is not pointed to you, that the baby boomer era had it easy. Well, it wasn't easy, but we made do. A lot of...

BUT, back then you had 17% interest rates. Now you have 5%. Also, when they talk about 'statistical data' they always conveniently omit little things like the availability of middle class welfare, the fact that so many everyday items actually cost less today than before, making more money...

So.....You're comparing the UK market in 1983 to the AUS market in 2013. How about you compare the AUS market instead. In 1983 it was not common to have double income earners, interest rates were around 17%. There was no first home grants or stamp duty concessions and a whole lot less...