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Locked Out? Turning 45 and bearing the distinction of being a 'no home buyer' - Sam de Brito; Investors lock out a generation from home ownership
Topic Started: 26 Jan 2014, 03:59 PM (11,622 Views)
Dr Watson
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themoops
27 Jan 2014, 05:28 PM
If you're not in Bondi or some such it's going to be pretty banal and bogan culture wise, must feel like death to trendies like him. :lol
That really is the heart of the problem. Cultured people can rent in cultured suburbs but they can't afford to buy there (leave aside strata property). We all like to be mixing with people who are our equal on the social ladder. Some of us may even feel uncomfortable when we're surrounded by those who are considerably lower on the social ladder than we are. Tell the woman in your life that Deer Park or Sunshine is where she will be raising her children. The response is not fit for publication. Yet increasingly, if they aspire to home ownership, university-educated people will have no option but to buy in blue-collar suburbs where there is more propensity for gang violence and criminality. The white-collar suburbs are already taken.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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David McAllistair
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Dr Watson
27 Jan 2014, 09:06 PM
That really is the heart of the problem. Cultured people can rent in cultured suburbs but they can't afford to buy there (leave aside strata property). We all like to be mixing with people who are our equal on the social ladder. Some of us may even feel uncomfortable when we're surrounded by those who are considerably lower on the social ladder than we are. Tell the woman in your life that Deer Park or Sunshine is where she will be raising her children. The response is not fit for publication. Yet increasingly, if they aspire to home ownership, university-educated people will have no option but to buy in blue-collar suburbs where there is more propensity for gang violence and criminality. The white-collar suburbs are already taken.
The alternative is high density living, which destroys the culture of the area in any case. All because rich people want economies of scale.
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GloomBoomDoom
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Dr Watson
27 Jan 2014, 09:06 PM
Tell the woman in your life that Deer Park or Sunshine is where she will be raising her children.
This is like something out of the movie "Straw Dogs".

http://au.news.yahoo.com/a/21075349/vic-mans-beating-death-in-home-rampage/
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Admin
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Bondi used to be like a pair of old slippers - but change is afoot

January 27, 2014
Brigid Delaney

I move around a lot, but it is to Bondi I always return. Something about the unchanging rhythms of the place comforts me. There is always the same Big Issue guy outside Kemenys, the same old couple running the milk bar and the guy who sells me bus tickets on Bondi Road has been behind the counter for a decade.

Even the rubbish has a kind of regularity to it. At this time of year garbage starts accumulating outside my apartment block, broken things and stained mattresses that backpackers have dumped. They get wrapped in yellow council tape - like a crime scene.

Each year in Bondi there's a new wave of backpackers - but they, too, are interchangeable with the last - spending days at the beach, playing soccer or volleyball and congregating outside Domino's on a Tuesday getting cheap pizza. The blokes are often shirtless, chests hectic with sunburn and tattoos, French, Italian, Swedish, English, Irish, New Zealand, Israeli accents creating a kind of aural weave as they walk in packs up from the beach. They are exuberant and youthful. Each one seems to be in the midst of the time of their lives.

One thing I cannot do is rely on their faces for an indication of the passing of time. They always look 22, and there is a new batch each year, discovering the place for perhaps the first time - and loving it. But it's as if I'm stuck in a strange fable. I am ageing, but everyone around me is frozen at this carefree stage - forever young.

However, when I returned to live in Bondi last December I noticed things were changing around me. The suburb that has long had a sort of shabby glamour, was looking decidedly more gleaming and rich than it had in the past.

Expensive glass and chrome developments were popping up everywhere, new restaurants, brunch places, bars, a Harris Farm and Messina - a shop, with velvet ropes like those used at nightclubs to corral people queuing for icecream.

That's not the only thing people queue for in Bondi.

The buses at peak times (or on hot days - all the time) often don't stop for me on Bondi Road any more. I'm halfway between the beach and the Junction and either way they are full by the time they arrive.

Stranded people get angry and shake their fists at the bus - those late for work hail taxis. It's not that there are fewer buses servicing Bondi, it's that there are more people in Bondi. It feels more crowded than it's ever been.

But this is what happens when you live in a brand; when the marketing of your suburb is so successful that it is no longer just a place to live, but a scene to live in.

Bondi is a global brand now. It's more than a brand - it's a lifestyle.

Read more: http://www.smh.com.au/comment/bondi-used-to-be-like-a-pair-of-old-slippers--but-change-is-afoot-20140126-31gup.html
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themoops
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Dr Watson
27 Jan 2014, 09:06 PM
That really is the heart of the problem. Cultured people can rent in cultured suburbs but they can't afford to buy there (leave aside strata property). We all like to be mixing with people who are our equal on the social ladder. Some of us may even feel uncomfortable when we're surrounded by those who are considerably lower on the social ladder than we are. Tell the woman in your life that Deer Park or Sunshine is where she will be raising her children. The response is not fit for publication. Yet increasingly, if they aspire to home ownership, university-educated people will have no option but to buy in blue-collar suburbs where there is more propensity for gang violence and criminality. The white-collar suburbs are already taken.
Yeah well there'll be a lot of women who'll end up being spinsters because they were too up themselves to stick together with a bloke and do the hard yards to get into a decent suburb, they wanted it all now, while they spent their 20s rooting around and doing menial jobs.

I think a popular option will be to just say fuck it, not breeding, just going to cruise through life, then die. :bye:


Most of this country is like something out of the movie Straw Dogs. :lol
Edited by themoops, 27 Jan 2014, 10:19 PM.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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K-town
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Dr Watson
27 Jan 2014, 09:06 PM
We all like to be mixing with people who are our equal on the social ladder. Some of us may even feel uncomfortable when we're surrounded by those who are considerably lower on the social ladder than we are.
How do you rate who is below you on the social ladder?
What do you do when you realise someone is a rung or two higher than you? Is there anyone higher than you?
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herbie
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Dr Watson
27 Jan 2014, 09:06 PM
... university-educated people will have no option but to buy in blue-collar suburbs where there is more propensity for gang violence and criminality. The white-collar suburbs are already taken.
University educated people are 'a dime a dozen' these days pretty much Doc no?

As a group overall, just maybe they were a bit flash once, but these days they're very much more down towards the middle of the pack - Though they don't necessarily seem to have realised it yet perhaps?

Interesting how things change over time - My dad's dad's advice to him was "Learn to measure things and you'll never go short for a job." (as in measuring things in feet and inches etc)
Edited by herbie, 28 Jan 2014, 11:07 AM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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themoops
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herbie
28 Jan 2014, 10:45 AM
University educated people are 'a dime a dozen' these days pretty much Doc no?

As a group overall, just maybe they were a bit flash once, but these days they're very much more down towards the middle of the pack - Though they don't necessarily seem to have realised it yet perhaps?

Interesting how things change over time - My dad's dad's advice to him was "Learn to measure things and you'll never go short for a job." (as in measuring things in feet and inches etc)
They're down on the ladder because of globalisation, something our tradies haven't felt the force of yet. It's time they did. I really hope Abbott does this.

Tradies being king shit? That's just so wrong.

Learn to measure things? Are you senile? That's not hard. That's like year 3 stuff.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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Sober
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peter fraser
27 Jan 2014, 06:18 PM
Christopher Skase was the last journalist to make the Australian Rich List.

It didn't end well, but at least he made it for a few years.

Here is a list the other finance journalists who have done well:-

1. .........
2. .........
3. .........

Yet they liberally hand out financial advice.
In the US, there have been a number of wealthy journos of various flavours, from the Forbes family to the "Money Honey" to Jim Cramer. Those three also represent three separate paths to riches: found a masthead, become a financial news anchor for a major network, or start off in finance and migrate to journalism.

Closer to home, the so-called “KGB” — Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz--did pretty well out of selling AIBM to News Corp for $30M.

It's also worth noting that the richest media publishers in the world are those who have concentrated on serving the financial services sector: Michael Bloomberg ($41B) and David Thomson ($27B). Mass media mogul Rupert Murdoch ($13B) is a pauper by comparison.
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herbie
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themoops
28 Jan 2014, 11:10 AM
Learn to measure things? Are you senile? That's not hard. That's like year 3 stuff.
Not to a lot of the working class dudes born back in the late 1800s who fought WWI I'd guess Moops - Which that particular grandad of mine was and did.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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