Well idiot, the median price is reflective of most stand alone hines 40-50km from the city. If you think it's reasonable that FHB are required to travel even further than that to afford basic shelter then again this shows the world what a moron you are.
Even if they purchase a $500k unit in the boon docks then they are still required to save $500pw over 4 yrs just to get into the place. They then have maybe 10-15yrs of living in that hole in the hope they can what, buy a freestanding home in the same shithole suburb they didn't want to be in in the first place?
All just to support idiots like you who think you have a monopoly on something?
If I am in my 30's, earn above the average income and have above average savings I should be able to comfortable buy an average house in an average suburb but I can't. You be honest with yourself, you know damn well that if you had to buy your first home back on your current income you couldn't afford it, that's case in point right there.
Technically, I'd say with your logic, let's say you earn the average Australian wage, you should be able to afford the average house in the average suburb based on the Average of Australia.
You can't earn the average Australian wage, then want to live in an average house of an average suburb in the most expensive city of Australia, that just doesn't make sense.
In most developed countries, the average person can't afford to buy an average house in their most expensive city. I'd like to see the average American afford the average property in New York, New York. I'd like to see the average English buy an average property in London, England. They just can't, that's their most expensive cities and it's not affordable to most people and rightly so.
*EDIT*
Also what is an average suburb? How do you categorize that? I'm sure lower class, middle class and upper class all have different definitions of average.
If I am in my 30's, earn above the average income and have above average savings I should be able to comfortable buy an average house in an average suburb but I can't.
Why not?
Tyson
2 Jun 2017, 04:02 PM
In most developed countries, the average person can't afford to buy an average house in their most expensive city.
Chris has an ideology that does not reflect the real world. I don't believe that the single average wage should be able to afford an average house in an average suburb in one of the capital cities. 14km from the Melbourne CBD.
The first a perfect starter home. Needs some work, but on 400m2 a future development site. $600k tops.
Chris has an ideology that does not reflect the real world. I don't believe that the single average wage should be able to afford an average house in an average suburb in one of the capital cities.
Any 'shoulds' aside, no way in f*** it WILL - Not wif sheilas workin' pretty obviously.
Sheesh, anyone wot's not at least workin' off some sort of 'average' of household incomes for them wot's interested in buyin' (which includes FHBs 'n investors 'n upgraders/downsizers) plus takes inta account stuff like existing home equity as well as savings is TOTALLY off wif tha pixies.
Not that I's got any way of figurin' out all that stuff (plus a bunch more besides I reckons) - But then I never did profess ta be smart; Just not totally dumb ...
Tyson
2 Jun 2017, 04:02 PM
Technically, I'd say with your logic, let's say you earn the average Australian wage, you should be able to afford the average house in the average suburb based on the Average of Australia.
You can't earn the average Australian wage, then want to live in an average house of an average suburb in the most expensive city of Australia, that just doesn't make sense.
In most developed countries, the average person can't afford to buy an average house in their most expensive city. I'd like to see the average American afford the average property in New York, New York. I'd like to see the average English buy an average property in London, England. They just can't, that's their most expensive cities and it's not affordable to most people and rightly so.
*EDIT*
Also what is an average suburb? How do you categorize that? I'm sure lower class, middle class and upper class all have different definitions of average.
Careful Tyson. If ya don't tell Chris wot he wants ta hear, he'll calls ya tha "S" word! - LOL
Why not? Chris has an ideology that does not reflect the real world. I don't believe that the single average wage should be able to afford an average house in an average suburb in one of the capital cities. 14km from the Melbourne CBD.
The first a perfect starter home. Needs some work, but on 400m2 a future development site. $600k tops.
Of course neither would suit Chris. His first house needs to be in a better suburb and cheaper.
The floor plan of 150 millers rd actually looks pretty good.
Very workable. You could easily turn that into a relatively big, modern looking 3 bed 2 bath with some work. You could probably turn it into 4 bed 2 bath if you really wanted. You've got all that space in the room adjacent to the dining room that isn't being utilized properly. You could connect the bathroom to the master as an ensuite.
herbie
2 Jun 2017, 04:54 PM
Careful Tyson. If ya don't tell Chris wot he wants ta hear, he'll calls ya tha "S" word! - LOL
Haha Chris already calls me that every time anyway.
Apparently because I'm more successful than him, that makes me a fraud.
If I am in my 30's, earn above the average income and have above average savings I should be able to comfortable buy an average house in an average suburb but I can't. You be honest with yourself, you know damn well that if you had to buy your first home back on your current income you couldn't afford it, that's case in point right there.
I think we are getting the heart of the matter here, chris is below average.
Apparently because I'm more successful than him, that makes me a fraud.
You have a mortgage on a home, I can tell you now you are not more successful than me. You might believe you are but you have no idea and you would be quite embarrassed how much more successful this 'renter' is than you.
Unlike some floggers here I have never detailed my true financial position or my business ventures as I can rationalise the fact you are all nobodies to me. I don't need to post my 'achievements' just to find acceptance from others or to reaffirm my reasoning for making certain decisions. What about you Tyson sock, you feel better now you spruikers your brilliance in signing a contract for debt?
You truly are a lost child in a grown ups world aren't you.
Anyway, please tell us again how brilliant you are, we all love those stories
You have a mortgage on a home, I can tell you now you are not more successful than me. You might believe you are but you have no idea and you would be quite embarrassed how much more successful this 'renter' is than you.
Unlike some floggers here I have never detailed my true financial position or my business ventures as I can rationalise the fact you are all nobodies to me. I don't need to post my 'achievements' just to find acceptance from others or to reaffirm my reasoning for making certain decisions. What about you Tyson sock, you feel better now you spruikers your brilliance in signing a contract for debt?
You truly are a lost child in a grown ups world aren't you.
Anyway, please tell us again how brilliant you are, we all love those stories
Wot, after ya's just felt tha need ta spend ya time tellin' us how 'brilliant' ya are?
Yep, we surely DO "all love these stories" - LOL!
herbie
2 Jun 2017, 04:54 PM
Careful Tyson. If ya don't tell Chris wot he wants ta hear, he'll calls ya tha "S" word! - LOL
Told ya he'd just call ya a sock agin if ya didn't stroke his dick ta make him feel better about himself eh? ...
You have a mortgage on a home, I can tell you now you are not more successful than me. You might believe you are but you have no idea and you would be quite embarrassed how much more successful this 'renter' is than you.
Unlike some floggers here I have never detailed my true financial position or my business ventures as I can rationalise the fact you are all nobodies to me. I don't need to post my 'achievements' just to find acceptance from others or to reaffirm my reasoning for making certain decisions. What about you Tyson sock, you feel better now you spruikers your brilliance in signing a contract for debt?
You truly are a lost child in a grown ups world aren't you.
Anyway, please tell us again how brilliant you are, we all love those stories
I highly doubt that after the seizure you had after hearing my starting salary.
Mind you, that was my STARTING salary, I was happy to provide it since it's no where near what I earn today nor does it reflect what my partner earns or my current financial situation.
It's funny how I'm a nobody to you but you persisted so heavily in finding out exactly what I did out of uni, what I earned, where I lived, how I earned it and every bit of detail about me. Funny how me answering your questions is somehow me talking about how brilliant I am. Maybe that's how you see me Chris, in my social circle I'm pretty average.
It's funny how I'm a nobody to you but you persisted so heavily in finding out exactly what I did out of uni, what I earned, where I lived, how I earned it and every bit of detail about me. Funny how me answering your questions is somehow me talking about how brilliant I am. Maybe that's how you see me Chris, in my social circle I'm pretty average.
I asked you for details to understand your position that buying a home in Sydney or Melb is easy, that's one of your claims isnt it? You can buy a house in any capital city right?!
Your OP states you did it through being just smarter, working harder and being better and you don't know why 'young people' whinge, no one thinks your amazing but yourself.
Riddle me this shillman, if your 'social circles' are indicative of society as a whole why are rates of ownership declining dramatically for those under 45yrs of age?
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