Sydney is the most expensive and unaffordable city in Australia to live in... What's so good about it? I don't understand why people want to live there and continue to choose living there.
Everyone wants to live in the Inner suburbs which would be okay if you could afford it - close proximity to everything which means not so much traveling time, etc. but the problem is for FHOB and newly wed couples is the Inner suburbs are incredibly unaffordable... so, the only way to get affordable housing is to move way out like Liverpool and Campbelltown way.. even then, those places are dumps and there is really nothing in those areas that would entice me to want to buy a PPOR and live there.
Buying out West where it's affordable and commuting along the congested motorways? Talk of expanding the M5 to 3 lanes to accommodate the traffic, so the M5 is going to run on 1 lane each way while they expand it? Bwahaha, forget it, Sydney wouldn't be able to cope with that.
M4 is just as bad... 2 hours in peak traffic to get to Penrith or St Claire where affordable housing is.. a lot of people coming in real early in the morning 1-2 hours before they start work just to beat the peak hour traffic. Not to mention the fuel + toll costs coming in at close to $100/wk. Jesus!
People in Sydney are chasing their own tail in a massive rat race just to merely survive... people who have affordable property and commute are still doing 12+ hour days with all the traveling time. What kind of a life is that? No wonder stress, obesity and divorce rates are at an all time high. Even with dual income families they can manage okay financially, but there's little downtime and quality time spent together when they're doing long days.
For those who live and work out West... man, why would you? Plenty of affordable living in much nicer places such as 2 hours North in Newcastle, even 1 hour North on the Central Coast.
Melbourne is a city that probably offers everything Sydney does in terms of food, culture, sport, etc. and is so much more affordable with a better designed roads that run like a grid.. Sydney's road design is absolutely !@#$ and can't cope with so much traffic since it's all steered into the one place.
Everyone wants to live in the Inner suburbs which would be okay if you could afford it - close proximity to everything which means not so much traveling time, etc. but the problem is for FHOB and newly wed couples is the Inner suburbs are incredibly unaffordable... so, the only way to get affordable housing is to move way out like Liverpool and Campbelltown way.. even then, those places are dumps and there is really nothing in those areas that would entice me to want to buy a PPOR and live there.
Buying out West where it's affordable and commuting along the congested motorways? Talk of expanding the M5 to 3 lanes to accommodate the traffic, so the M5 is going to run on 1 lane each way while they expand it? Bwahaha, forget it, Sydney wouldn't be able to cope with that.
M4 is just as bad... 2 hours in peak traffic to get to Penrith or St Claire where affordable housing is.. a lot of people coming in real early in the morning 1-2 hours before they start work just to beat the peak hour traffic. Not to mention the fuel + toll costs coming in at close to $100/wk. Jesus!
People in Sydney are chasing their own tail in a massive rat race just to merely survive... people who have affordable property and commute are still doing 12+ hour days with all the traveling time. What kind of a life is that? No wonder stress, obesity and divorce rates are at an all time high. Even with dual income families they can manage okay financially, but there's little downtime and quality time spent together when they're doing long days.
For those who live and work out West... man, why would you? Plenty of affordable living in much nicer places such as 2 hours North in Newcastle, even 1 hour North on the Central Coast.
Melbourne is a city that probably offers everything Sydney does in terms of food, culture, sport, etc. and is so much more affordable with a better designed roads that run like a grid.. Sydney's road design is absolutely !@#$ and can't cope with so much traffic since it's all steered into the one place.
