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  1. W

    Homes officially out of reach for under 35's

    It is quite common to have some deposit gifted or a house bought for you. I know many who have had this happen... but... recently my mothers friend's daughter, who just got married aged 40ish, saved around 400K in the time she lived at home, AND she had a house given to her years ago, that...
  2. W

    Homes officially out of reach for under 35's

    I did the travelling bit o/s and bought an IP within months of coming back, whereas my friends that didn't travel didn't buy property till much later. Travel is CHEAP when you're single and don't mind sharehouses, backpackers and working your way around different countries. It's definately...
  3. W

    Homes officially out of reach for under 35's

    As wylie said, you don't need an entire house if you're single. Infact you don't need to get a place at all, just board with someone close to your work, and save on transport, parking and furniture costs. Do this, while you curb other non living expenses as well, and you'll have a good...
  4. W

    Homes officially out of reach for under 35's

    Then there's the free stuff - so much entertainment for people now whereas we had only the beach or drives (in our very basic cars).
  5. W

    Homes officially out of reach for under 35's

    Homes might be more expensive now but interest rates are significantly down. As for ease in buying a house, it's no different to when they were cheaper and rates were up. Easing conditions (schemes like FHBG, lower or nil stamp duty, etc.) for FHB or low income earners often create higher...
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