Your wish is my command http://somersoft.com/forums/showthread.php?p=894193#post894193Please show me who said that mate?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Your wish is my command http://somersoft.com/forums/showthread.php?p=894193#post894193Please show me who said that mate?
Nothing new, eh. Okay. Would you please refer me back to a time in history where the price of a home was so high that banks would offer perpetual "interest only" loans on houses, rather than set terms of 8-15 years as per about 20-25 years ago?I dont think anyone would say they are the same. Basic maths does not escape most people.
It's about making the most of your situation.
Not one of us had a say in our birthdate and therefore working age may have come during affordable housings or not. Eitherway you have the hand you were dealt so you have to have a go or give up before trying.
I was lucky that I bought my first house in cheaper times while my friends pissed their cash away. Houses were cheap but jobs were sparse in the building trade. I had a risk with my income but jumped anyway.
Today people have high prices. It's a shame for first home buyers but it is what it is. Prices have stalled or pulled back a bit. Wages are still rising. Rates are low. I just don't get it. Property has ups and downs and people enter the market often due to age or job status not timing of the market. There is nothing new here.
If they refuse option 1, to have a go, they end up in this vortex of cyber bleating....makes for fascinating reading....what with their literary skills on full display, but always ends up nowhere in the real world.
There is a difference between real increases in worker productivity/technological innovation, and artificial increases in housing prices.You know what's really unfair? That people who are now in their 50s had to deal with far, far higher prices for a whole range of things when they were starting out than youngsters of today, such as:
* Cars
* Whitegoods
* Appliances
* Travel
* Clothing
* Food
Also, people of this age group had to deal with the high inflationary environment of the 1970's, and real incomes were lower.
It's just so unfair...
(Swings and roundabouts, people)
the unit pics you've posted are not a dump. very liveable without the renos and with the renos quite a nice place for someone on a low wage.
Nothing new, eh. Okay. Would you please refer me back to a time in history where the price of a home was so high that banks would offer perpetual "interest only" loans on houses, rather than set terms of 8-15 years as per about 20-25 years ago?
There is a difference between real increases in worker productivity/technological innovation, and artificial increases in housing prices.
Henry Ford built his Model T with a production line and a lot of human labour.
Nissan builds their high performance skyline with 3 blokes and 15 robots.
And ............ "The world owes me a living and I will collect that living in the easiest way I know how" or "How unjustly life has dealt with me" or "Why should that person have more than me - I am just as good as they are"
spot on rockstar, i couldn't have said it any better.
To become successful in life you need to make some sacrifices, give up the grog,smokes, takeaways, foxtel, it's all too hard.
then again it's simple to get the dole, new girlfriend has 4 kids to 4 different fathers, sit at home you little beauty ,never need to lift a finger except to change the foxtel channel.
save up for a home, you have got to be joking, give yourself an uppercut.........
You are kidding, aren't you?
It's pretty simple to paint everyone struggling as "getting the dole, having a girlfriend with 4 different kids to 4 different fathers, sit at home you little beauty, never need to lift a finger except to change the foxtel channel", and you know, I do agree with Einstein in that "if you cannot explain something simply, you do not understand it well enough", but there comes a point ala Richard Feynman that oversimplifying complex ideas is a disservice to those with a mind.And ............ "The world owes me a living and I will collect that living in the easiest way I know how" or "How unjustly life has dealt with me" or "Why should that person have more than me - I am just as good as they are"
spot on rockstar, i couldn't have said it any better.
To become successful in life you need to make some sacrifices, give up the grog,smokes, takeaways, foxtel, it's all too hard.
then again it's simple to get the dole, new girlfriend has 4 kids to 4 different fathers, sit at home you little beauty ,never need to lift a finger except to change the foxtel channel.
save up for a home, you have got to be joking, give yourself an uppercut.........
Which affects deposit negatively.Homes might be more expensive now but interest rates are significantly down.
Which affects overall loan term negatively.As for ease in buying a house, it's no different to when they were cheaper and rates were up.
Which affects long term equity negatively.Easing conditions (schemes like FHBG, lower or nil stamp duty, etc.) for FHB or low income earners often create higher house prices, with an eventual flow on effect upwards, so you have the issues present all over again.
At what (human) price?Booms don't go on for ever either, so plenty of opportunity to save and buy a modest home or unit.
You could say the same thing as compared to medieval times.Personally I think things are much easier now in so many ways. Items needed then to furnish, vehicles, clothing, etc. were so much more expensive. There is more free entertainment now too.
That is correct. Back then, being poor was more of a choice in behaviour. Today, being poor is more a manifestation of system.Being poor and going without, is not like poor and going without was then.
And ............ "The world owes me a living and I will collect that living in the easiest way I know how" or "How unjustly life has dealt with me" or "Why should that person have more than me - I am just as good as they are"
spot on rockstar, i couldn't have said it any better.
To become successful in life you need to make some sacrifices, give up the grog,smokes, takeaways, foxtel, it's all too hard.
then again it's simple to get the dole, new girlfriend has 4 kids to 4 different fathers, sit at home you little beauty ,never need to lift a finger except to change the foxtel channel.
save up for a home, you have got to be joking, give yourself an uppercut.........
Welcome to the forum....
I do hope that you will offer some positive input to us.
There are a number of controversial topics on the board at the moment. But I hope you dont have the impression that the tone of posts is like this all the time.
Welcome to the forum....
I do hope that you will offer some positive input to us.
There are a number of controversial topics on the board at the moment. But I hope you dont have the impression that the tone of posts is like this all the time.
Which affects deposit negatively.
Which affects overall loan term negatively.
Which affects long term equity negatively.
At what (human) price?
That same 3/1/1 I bought would be 200K to buy now. One can always buy one of those. The human price would have to be it's not a 4/2/2 in a blue chip area.
You could say the same thing as compared to medieval times.
That is correct. Back then, being poor was more of a choice in behaviour. Today, being poor is more a manifestation of system.
It was due to NO choice in behaviour.
At the time, many people still didn't have a VCR let alone 2 or 3 TV's/cars or NEW furnishings because they were expensive - much more expensive. Many took a while to purchase things like curtains, carpets and other basic items. TRUE!
These items are now cheap. We bought a 68inch Panasonic box in 1996 for $1350, yet now we can buy a house full of LCD's for the same price (and we have .).
You want some "positive input"? How about this. The market goes up, and the market goes down. People who say that the "market is going down" when you have your business model built upon the market growing are not your enemies. They are merely those saying that rather than tying yourself to a growth or contraction paradigm (with associated ridicule whenever their ideas conflict with yours), that you learn to adapt to whatever market is there, or where it is going, at the time.
Of course, the "property only goes up!" crew don't like that idea, because it requires thought, O Liver in Dens Drinking Watered Down Milk Sayer.
Your wish is my command http://somersoft.com/forums/showthread.php?p=894193#post894193