Search results

Careful making that cuppa Lizzie. If you are a bit sleepy you could mix those things up :D

I'd guess that these days when "every" house has an inside toilet and hot water (unlike the days when my parents were first home owners), that your suggestion of second hand, slightly run down house "anywhere" would be the worst that any first home buyer would be facing. Times change, and so...

No... cannot possibly be done :D:p .... except by those who REALLY, REALLY want to do it. ;)

Skater, well done for bothering to put your story. You and I, and those who've struggled to buy the crappy first home in the "less than trendy" area understand this, but honestly, some people just are not interested in listening. The question about how we could afford our first home at 3:1...

The first house we bought was nothing like 3:1.

I think he meant action taken regarding the thread going off track... like that never happens... much :D. ... but I don't think it has gone terribly far off track.

A couple of years at 17% was enough to wipe out quite a lot of people. We never paid 17% purely because we had locked in to a maximum rate of 13% (from memory). Lots of people would have been forced to sell.

This is pretty spot on too. My parents (both gone now) retired as self-funded retirees. They were in the majority by a long shot. They had friends who retired on the pension. My parents were pretty clued up about things whilst some of their friends who could have bought houses, bought shares...

What has that post got to do with your point?

Great post Fifth.

I'm not criticising anybody cimbom. I'm trying to explain that it wasn't all roses and fairy cakes when I was buying my first home like you seem to believe it was. My friends parents buying a toaster, sheesh, maybe they didn't have a stove that cooked toast back then. Who knows, who cares. I...

I give up. You either are not listening, not comprehending, or just don't want to hear...

Just as further anecdotal interest, a friend's parents had to get finance to buy their first toaster. This would have been in the early 1960s. Now we can buy a toaster for $20. Things are so much different that direct comparisons are difficult. Also, I've tried to convince my nearly 22 year...

Fair enough. I know finding whatever it did cost, it was very hard to find. I wonder what $1,800 in 1989 compares to in today's dollars? My son's HECS (or HELP) for Engineering is less than $5K per year right now. EDIT. Just found it it would be $3,300 in 2012. So, yes it was a little cheaper...

We really needed that bit of extra money, but I couldn't afford child care, and wanted to be home with the kids. If not for having done the hard yards before children came along, I would have had no choice. As it was, we had no money to lash out with on ONE beer so often that we laugh about it...

Our oldest child is about to turn 25. I'm not sure how you got the idea that 20 years ago there were not child care costs or before/after school care or HECS debts. My hubby studied and graduated 18 years ago. It took him six years to get his degree so he was studying at night when our first...