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.
Well fair enough, but that's when a ruler would have cost $100 or something.
That's a fair enough saying for 1930.
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.
University educated people are 'a dime a dozen' these days pretty much Doc no?
True, I meant to say people who are cultured, refined, appreciate the arts, earn maybe $80,000 p.a. These people will increasingly have to buy into criminal suburbs if they want to own a freehold title.
True, I meant to say people who are cultured, refined, appreciate the arts, earn maybe $80,000 p.a. These people will increasingly have to buy into criminal suburbs if they want to own a freehold title.
it doesn't matter how cultured and refined you think you are if being cultured and refined means spending all your disposable income on crap rather than saving for a house.
all this says to me is said people consider working class suburbs beneath them.
I am the love child of Tony Abbott and Pauline Hanson
it doesn't matter how cultured and refined you think you are if being cultured and refined means spending all your disposable income on crap rather than saving for a house.
all this says to me is said people consider working class suburbs beneath them.
I think you would also find that many people on the lower rungs of the social ladder would consider the posh suburbs above them. We all fit in somewhere.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
Friend, y'all are missing the point. Only folks like yer good self think that owning is everything at that age. I remember being that age even though it's a long time now. Any young folks now have passed that paradigm. They realise that they aint going to be living here at the mercy of folks like yerself or other Bogans who think they'll be millionaires through housing and they are just leaving and they will live in a normal economy and such where renting is normal because labourer folks don't git all uppity and such about owning the property and treat is as a consumable. Besides friend, y'all can live many miles away from folks such as yerself as them young folks are wont to do, in the centre of a city and pay 10k a year in rentals and such without being fixed in one location surrounded by People Who Think Utility Trucks Are King. It's a Win Win Friend, them folks with the fancy britches dont be around y'all , and y'all can live with yer like kind.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
it doesn't matter how cultured and refined you think you are if being cultured and refined means spending all your disposable income on crap rather than saving for a house.
all this says to me is said people consider working class suburbs beneath them.
Do you honestly believe that the reason Gen Y has trouble purchasing a house is because collectively we have all started spending our entire disposable income on stuff we don't need?
Housing affordability is an emotive topic across the country, and it comes as little surprise that the majority of borrowers surveyed currently believe that getting a foot on the property ladder is harder now than it was for the previous generation.
Interestingly, the Genworth Homebuyer Confidence Index saw a 1.6 point drop from September 2013 to March 2014, which they note was partially to a decline in first home buyer confidence, as well as overall cost of living pressures for those currently holding mortgages.
Home buyers experiencing or expecting mortgage stress did, however, largely drive the decline in the confidence index, said Genworth Australia's chief commercial officer, Bridget Sakr.
“Of those surveyed, 49% cited the rising cost of living as the key driver of mortgage stress," said Sakr.
“The high cost of living has remained the number one cause of mortgage stress for homeowners since September 2011,” she said. Of those surveyed, four in 10 make overpayments to their mortgage.
Similarly, the proportion of those using more than 50% of their income to service this debt dropped from 28% to 25%.
The first home buyer component dipped from 85.0 in September to 82.3 in March, driven by fears around unemployment.
“While 71% of first home buyers consider the dream of home ownership to be realistic, this group continues to struggle to save for a deposit,” she said.
A third of prospective home buyers noted it would take them four years or longer to save a 20% deposit, while 60% of all respondents said it would take four years.
Sakr also noted that nearly two thirds of all borrowers believe first home buyers have it tougher than the previous generation did, with 86% expressing a willingness to help their children buy property, but significantly fewer noting they were in a financial position to be able to do so.
“The struggle to enter the property market may also be exacerbated by any future dwelling price growth,” said Sakr.
“This ongoing challenge for prospective first home buyers highlights the value of low deposit options such as Lenders Mortgage Insurance which can help people enter the property market sooner,” she said.
The index surveyed more than 2,000 consumers and analysed the proportion of monthly income expected to be used to service debts, repayment history and expectations for the nest 12 months, as well as their beliefs about home buying.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy