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So do some research, DD, identify growth areas close to amenities... you know, do what investors do?

Beebop obviously has no clue what he wants, but he does know that it is overvalued... Every time I read this thread it reminds me of this quote ‘Do not pray for easy lives. Pray to be stronger men.’... or women

i was working off this... Anyway I’ll just go back to trollin you... its way more fun

You can buy a 3 bed house in Werribee for 250-300k... or is that suburb not good enough?

Nah too hard. Must have 4/2/DLUG on 500sqm, 10min commute to work... APS highflyers are accustomed to a certain level of living standards that cannot be sacrificed

Icy poles is obviously a distorted market, government stimulus is the only thing propping up the inflated prices. Just wait till the first icy pole lickers grant is wound back :)

Paddlepops used to be cheaper in the past... just saying... maybe the paddlepop market is due for a correction...

Well you asked how can property go up in value more than wages increase and I gave you a reason The oodles of land is probably undeveloped / undesirable. Also government / developers restrict supply for the same reason OPEC does it with oil... probably its time to get off the oil = property...

Like you said alex, its only cheap in retrospect. Using today’s wages to buy property 10 years ago would be awesome, but impossible.

You missed the point. I was saying that land is finite and inelastic, like oil for example and will go up in price exponentially if the demand is there (because there is no substitute) Saying that stuff was cheaper in the past is redundant and a waste of time. Prime, developed land in...

Wait... you are saying that a finite, inelastic good gets more expensive overtime as demand increases? My god man! You are on to something here... we should contact the oil sheiks and tell them this radical new theory, just imagine the price if they cut supply while demand is... oh wait Can...

Clearly you deserve better than an ex-govie house 40mins drive from the CBD and a stressful mortgage... I’m just not sure why... what makes you feel you deserve the easy life?

Oohh subscribed to this. Love a bit of GenY bashing and also GenY whinging. Seems to me the only ‘easy’ or ‘good’ time to buy RE is 5 years ago or best time would be 10 years ago, armed with todays wages and hindsight in tow it would be oh so easy... unfortunately its not the real world. In...