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High House Prices are a Social Disaster; The Elite Eating the Young...
Topic Started: 30 Sep 2015, 02:44 PM (3,197 Views)
Terry
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Loki
1 Oct 2015, 05:41 PM
Is this speaking from experience? Smallest town I lived in was Wollongong.

This socialising in small towns, does it involve 4WDs, beer and firearms?
Don't forget the meth. It's all the rage in Australia at the moment.
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zaph
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Frank Castle
1 Oct 2015, 05:45 PM
Most major regional's have , ,


So thats 1 person - I would think most of the "must live in Sydney" whiners would be people that work normal jobs.
Quote:
 
bankers,

Bank tellers.
Quote:
 
accountants

Not very high paying ones.
Quote:
 
solicitors

Not very high paying ones.
Quote:
 
surgeons, Dr's, various medical specialists, various trades, engineers, architects, scientists, lecturers, zoo keepers and the list goes on.

The list may go on, but there's not the opportunities in regional areas. Most of the professions you've listed earn enough to easily afford a house in a capital city. It's average earners that is the issue.
Quote:
 
Must be really special work you do Zaph, astronaut?

I don't believe there are (m)any astronaut jobs in Australia - I've been applying but keep getting knocked back. I run a hair dressing and nail shop - bogans in Bundaberg simply won't pay the same price as those in Brisbane.
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ThePauk
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Loki
1 Oct 2015, 05:41 PM
Is this speaking from experience? Smallest town I lived in was Wollongong.

This socialising in small towns, does it involve 4WDs, beer and firearms?
lol, no, not quite. You will not really know, until you give it a go.
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Loki
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ThePauk
1 Oct 2015, 06:50 PM
lol, no, not quite. You will not really know, until you give it a go.
I have been considering Armidale. It has UNE and NBN. Could be an easier transition. It's reasonably high elevation for Australia (982m), but is only ~2 hours to the coast.

Could make a nice tree change. Not sure how I would earn an income there, but I've pulled coffees and beers before.

How about yourself? Are you currently in a small town?

zaph
1 Oct 2015, 05:45 PM
I suggest you move somewhere else then.
Sure. Do you have the number for home delivery of "move your entire life and family to a new city" because I have seemed to misplace my copy?
Quote:
 
What's so boring about Sydney?
Once your palate is saturated, just about everything. It seems to get a little more boring with each passing year as anything interesting is driven out by high rents or residential high rises. You tell me. What is so interesting about Sydney?
Edited by Loki, 1 Oct 2015, 10:37 PM.


“Talk sense to a fool and he calls you foolish.” - Euripides
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ThePauk
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Loki
1 Oct 2015, 10:27 PM
I have been considering Armidale. It has UNE and NBN. Could be an easier transition. It's reasonably high elevation for Australia (982m), but is only ~2 hours to the coast.

Could make a nice tree change. Not sure how I would earn an income there, but I've pulled coffees and beers before.

How about yourself? Are you currently in a small town?


Sure. Do you have the number for home delivery of "move your entire life and family to a new city" because I have seemed to misplace my copy?

Once your palate is saturated, just about everything. It seems to get a little more boring with each passing year as anything interesting is driven out by high rents or residential high rises. You tell me. What is so interesting about Sydney?
Armidale is nice.
Me, I am in Coolum, 2000 people, but part of the Sunshine Coast. I have lived in small places, Cairns, Toowoomba etc and all have the same qualities. Friendly and fun.
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The Whole Truth
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Loki
1 Oct 2015, 05:41 PM


This socialising in small towns, does it involve 4WDs, beer and firearms?
Only west of the Great Dividing Range. There are literally hundreds of medium sized towns and cities around the coast that have great cultures, just pick your climate, move there and then worry about jobs etc. It's not like people don't work in such places.

Caveat emptor: Don't expect to survive there if your living is off some parasitic job though. Small communities don't have much time for parasites.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Blondie girl
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Why don't you get close and personal with a lovely salt water croc in the beautiful Kimberley region, get overexcited with the barramundi fishing..... :re:

Anyway, back on topic.
As always, a good investment very much depends on personal circumstances. Cash is only king of liquidity. If one is comfortable to have $ to invest for the long term and worst case scenario one can afford to lose it... Then it will depend on the amount one has and the appetite for risk to determine what's going to do the best for you...not others..

The onus is on how to loot as much wealth as possible.

No one forces anyone to get credit so the outcome varies from either disaster to delight.. No one wants to eat their young, they are assisting for their future.. I know I am.

But
A crowd with pitchforks can make any amount of money irrevelant I suppose. ..
There's nothing wrong with capitalism, it's still the only system that works, the trouble is people's appetite for unrealistic short term leverage which involves the socialisation of losses and privatising of the strong who profit.
That's the way it goes.
Edited by Blondie girl, 2 Oct 2015, 02:15 AM.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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Jimbo
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skamy
1 Oct 2015, 11:07 AM
It is nothing to do with age or the elites - there are plenty of working class young people benefiting from their investment in their own growing city. In fact the elites have not been doing well at all and the luxury markets are still not recovered.
Hey Skamy,

1+1=2
2+2=4
4+4=8
8+8=16
16+16=32
32+32=64
64+64=128
128+128=256
256+256=512
512+512=1024
1024+1024=2048
2048+2048=4096
4096+4096=8192
8192+8192=16384
16384+16384=32768
32768+32768=65536
65536+65536=131072
131072+131072=262144
262144+262144=524288
524288+524288=1048576
1048576+1048576=2097152
2097152+2097152=4194304
4194304+4194304=8388608
8388608+8388608=1677216
1677216+1677216=33554432
33554432+33554432=67108864
67108864+67108864=134217728
134217728+134217728=268435456
268435456+268435456=536870912
536870912+536870912=1073741824
1073741824+1073741824=2147483648
2147483648+2147483648=4294967296
4294967296+4294967296=8589934592
8589934592+8589934592=17179869184






Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Steve99
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Dr Watson
1 Oct 2015, 10:36 AM
You do realise salaries are often lower in remote locations?
Or in fact as a newcomer who does not look like their head has been roasted in the oven(you know that look), ie is not a known local or equivalent (ie from a nearby cowboy town) then there are no jobs at all.
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peter fraser
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Jimbo
2 Oct 2015, 06:47 AM
Hey Skamy,

1+1=2
2+2=4
4+4=8
8+8=16
16+16=32
32+32=64
64+64=128
128+128=256
256+256=512
512+512=1024
1024+1024=2048
2048+2048=4096
4096+4096=8192
8192+8192=16384
16384+16384=32768
32768+32768=65536
65536+65536=131072
131072+131072=262144
262144+262144=524288
524288+524288=1048576
1048576+1048576=2097152
2097152+2097152=4194304
4194304+4194304=8388608
8388608+8388608=1677216
1677216+1677216=33554432
33554432+33554432=67108864
67108864+67108864=134217728
134217728+134217728=268435456
268435456+268435456=536870912
536870912+536870912=1073741824
1073741824+1073741824=2147483648
2147483648+2147483648=4294967296
4294967296+4294967296=8589934592
8589934592+8589934592=17179869184





Is there a point to this post.
Any expressed market opinion is my own and is not to be taken as financial advice
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