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All things avocado (thread); Thinking of giving up the smashed avo and coffee to buy a house?
Topic Started: 1 Jun 2017, 01:06 AM (15,894 Views)
Simon_S
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Reminds me of Skamy.....

Do the maths Chris.

He Bought last year and reckons he can pay off his loan in 5 years if he wanted to....

So take the Median house price in Sydney and his and his partners after tax earnings and see if he can pay off his house in 5 years....

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Matthew
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Chris
2 Jun 2017, 05:30 PM
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 constantly whine that on your income you cannot afford to buy a house. That is entirely different to being able to afford to buy a house but electing not to.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Tyson
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Chris
2 Jun 2017, 06:22 PM
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?
Yes, that is my claim however I don't believe I said it was easy. I strictly remember saying it requires hard work and sacrifice - something you don't seem to find easy at all.

I believe I used the term working harder, I didn't say smarter or better. Anyone can work more hours, maybe you should try it.

I'd assume priorities are also changing, I've met many people who think 'renting is better' because it allows them to travel - even though owning a house doesn't prevent you travelling. But I imagine that sort of mindset makes more sense in your social circles.

Another priority that has changed is people don't want to be working as many hours anymore.
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herbie
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Link ta where Tyson said he could pay off "the Median house price in Sydney" on "his and his partners after tax earnings" ... "in 5 years" please Simons?

Like just ta be sure ya not makin' shit up ... Not sayin' ya are! - 'N I SURELY mighta just missed it? (But I needs convincin' - Given it's you sayin' that's wot he said ... :) )

Tyson
2 Jun 2017, 06:59 PM
Anyone can work more hours, maybe you should try it.
Chris is too busy posting here ta work more hours - LOL
Edited by herbie, 2 Jun 2017, 07:04 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Tyson
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Simon_S
2 Jun 2017, 06:30 PM
Reminds me of Skamy.....

Do the maths Chris.

He Bought last year and reckons he can pay off his loan in 5 years if he wanted to....

So take the Median house price in Sydney and his and his partners after tax earnings and see if he can pay off his house in 5 years....

I'll answer that question for you Simon, if the median house price is $1.15m then no, I couldn't pay off a $1.15m loan in 5 years.

When did the median house price become the only house suitable for first home buyers? According to the Australian Bureau of Statistics, the median age in Australia was late 30's in 2011. I can't seem to find a more recent year but I didn't really try to hard.

If you want to pluck out the median house price, and the median age, you'll find at that age they probably aren't a first home buyer. So it seems like a first home buyer should be buying below the median.
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Jimbo
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Rufus
2 Jun 2017, 10:31 AM
Best post ever Jimbo - well done.
Methinks you are taking the piss, but I do love the Avo.

Once peeled, the flesh begins to oxidise and turns to a black slime.

The trick is to stop oxygen getting to the flesh once you have removed the skin.

Olive oil over the mashed pulp is good one, some swear that lemon juice does the same thing.

A friend of mine puts the mix into a zip lock bag and squeezes out the air.

The good old Avo is one of the greatest foods on the planet. Packed full of good stuff and pound for pound cheaper than eggs, bread, fish, chicken and steak.
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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Tyson
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herbie
2 Jun 2017, 06:59 PM
Link ta where Tyson said he could pay off "the Median house price in Sydney" on "his and his partners after tax earnings" ... "in 5 years" please Simons?

Like just ta be sure ya not makin' shit up ... Not sayin' ya are! - 'N I SURELY mighta just missed it? (But I needs convincin' - Given it's you sayin' that's wot he said ... :) )


Chris is too busy posting here ta work more hours - LOL
Haha I certainly didn't say I could pay off the median house price in Sydney Herb, so thanks for sticking up for me there.

I merely said to Chris that I could pay off my own investment property in 5 years if I wanted to, since he was saying I was riddled with debt. But my investment property isn't even in Sydney, nor is it worth a million dollars or anywhere close to that.
Edited by Tyson, 2 Jun 2017, 07:09 PM.
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herbie
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Tyson
2 Jun 2017, 07:06 PM
I'll answer that question for you Simon, if the median house price is $1.15m then no, I couldn't pay off a $1.15m loan in 5 years.

When did the median house price become the only house suitable for first home buyers? According to the Australian Bureau of Statistics, the median age in Australia was late 30's in 2011. I can't seem to find a more recent year but I didn't really try to hard.

If you want to pluck out the median house price, and the median age, you'll find at that age they probably aren't a first home buyer. So it seems like a first home buyer should be buying below the median.
Well there ya go Simons.

Seems wot ya said he said ain't wot he said? ('N ya've comprehensively f***ed up ya basic comprehension agin??? ... :) )

'Tho if ya STILL reckons that's wot he said, then just pop up ya link ta him sayin' it 'champ'?

Oh 'n PS: Might I just suggest ya most gracious way out just could be ta say "Inglish please" 'n go BWAHAHAHAHAHAHAHA? - LOL
Edited by herbie, 2 Jun 2017, 07:23 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Simon_S
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herbie
2 Jun 2017, 07:14 PM
Well there ya go Simons.

Seems wot ya said he said ain't wot he said? ('N ya've comprehensively f***ed up ya basic comprehension agin??? ... :) )

'Tho if ya STILL reckons that's wot he said, then just pop up ya link ta him sayin' it 'champ'?

Oh 'n PS: Might I just suggest ya most gracious way out just could be ta say "Inglish please" 'n go BWAHAHAHAHAHAHAHA? - LOL
I can see you mentioned my name.......The rest makes no sense what so ever.

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Rat
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Filthy Rodent

Chris
2 Jun 2017, 03:22 PM
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
Your age is irrelevant. If you have average wealth (income+savings+assets) then you can afford to buy an average house.

The real reason why you can't afford a home is because you've squandered your finances throughout your life, meaning your wealth is well below average.
Edited by Rat, 2 Jun 2017, 08:11 PM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
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