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Boomers at it again; The most selfish generation can't help but take, take, take
Topic Started: 1 Jul 2017, 09:17 PM (13,998 Views)
Trollie
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Sydneyite
13 Jul 2017, 06:31 PM
They just think that "previous generations" never had to do stuff like that is all, so they think it is "unfair" that it's "harder" for them. But they are of course very mistaken..... :re:
Take my parents as an example. They purchased a very small modest house at 18% interest in the 90's when the bears claim it was so easy.

I know it wasn't easy for them at all, they both had to work their arses off to afford it.
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Ex BP Golly
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Trollie
13 Jul 2017, 08:03 PM
Take my parents as an example. They purchased a very small modest house at 18% interest in the 90's when the bears claim it was so easy.

I know it wasn't easy for them at all, they both had to work their arses off to afford it.
Parents 'bought' in the 1990s is more proof you haven't yet left your mum's garage.

How'd they have time to produce you of they were working so hard?

When we're you born? 1998? And yet you haven't bought a house in the last decade!

Your first purchase must have been shortly after your parents first purchase l

Edited by Ex BP Golly, 14 Jul 2017, 09:44 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Trollie
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Ex BP Golly
14 Jul 2017, 09:42 AM
Parents 'bought' in the 1990s is more proof you haven't yet left your mum's garage.

How'd they have time to produce you of they were working so hard?

When we're you born? 1998? And yet you haven't bought a house in the last decade!

Your first purchase must have been shortly after your parents first purchase l
Posts like that just make you look even dumber golly
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Chris
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Ex BP Golly
14 Jul 2017, 09:42 AM
Parents 'bought' in the 1990s is more proof you haven't yet left your mum's garage.

How'd they have time to produce you of they were working so hard?

When we're you born? 1998? And yet you haven't bought a house in the last decade!

Your first purchase must have been shortly after your parents first purchase l
Socks find it hard to be accurate, they tend to get lost in the moment and dig themselves into a hole. If his parents purchased their first home in the 90's he would be lucky to be in his 20's which would barely have him past puberty.

It's hard to take him seriously as a sock at the best of times, silly fark ups like this just make it all that harder
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Tyson
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Chris
14 Jul 2017, 02:24 PM
Socks find it hard to be accurate, they tend to get lost in the moment and dig themselves into a hole. If his parents purchased their first home in the 90's he would be lucky to be in his 20's which would barely have him past puberty.

It's hard to take him seriously as a sock at the best of times, silly fark ups like this just make it all that harder
Don't you have kids and not have a house Chris?

So why do you assume his parent's bought a house prior to Trollie being born. If he was born in 1990 he'd be 27 today, so I don't see how almost 30 is 'lucky to be in his 20's'.

Also it is possible his parents migrated from somewhere to Australia and therefore bought into property late.

There's a million reasons for why Trollie's parent's could've bought their first home in 1990's and Trollie still have bought his own house in early 2000's.


If we were looking at your history Chris, I'd imagine your kids are more likely to own a home before you. Because they'll probably be doing all they can to turn out nothing like you.
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Blondie girl
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Chris
12 Jul 2017, 04:10 PM




What makes you think we are not on the same page? We do just fine Blondie but what the 'boomers' and very early gen x fail to see here is that Australia is the most indebted nation in the world per capita and this has flow on affects for everyone else. If this lot were genuine they would acknowledge the hardship of those in gen y (I just scrape in so I effectively got arse rammed by the boom) such as Sydneyite buying in Sydney at 5 times income and today FHBs need to buy in at 12-14 times, and not denigrate others like myself who have been forced outer forced to take on enormous crippling debt in comparison to receive the same or shittier asset.

Why can't I blame them for what their generation have done when they blame me for circumstances out of my control?

I hear what your saying though, debt is not the enemy but I do see it as dangerous at these levels
The blame game is not going to achieve anything.

As a gen X, I understand what the late nineties was all about in terms of property prices and financial choices.

I may of had initial privilege in getting some family financial assistance in starting out in property, but I still had to do things myself and no I was not in a serious relationship then. My first loan was on my head, in my name .... no one else .. feedback from my older brothers did assist in the loan type that would work for me BUT I was not getting further help, I had to really the word compromise, keep cool and not be too hot headed. I still would search for the loan that worked but I had no issues due to some equity already. However I nearly crashed and burned whilst having both the home loan and IO loan when I bought another property. I had to work two jobs as one was not predictable in income and despite that I really had to look after my body and not abuse it. I'm a fiercely independent person but I understood I had very limited timing in years I could do surf wear fashion. I was easily replaceable by some one else that was also blonde and could look like they were born to surf. Today it would be flexible as there is more females of various colours, shapes and sizing in fashion work, however do note that for certain fashion stuff there exists a statement to what's endorsed to the product promoted.

The financial sector continues to be male dominated and my first experience in getting a loan was downright awful (late nineties) at one bank was pure sexism, in any area of work one can meet bad apples but I moved on and did not whine. I did not ask anyone to help attend the loan meetings with me, was I nervous? Yes, its not every day some one reads the loan contract and signs stuff.

The people I love and care for some include BB and I was fortunate to understand by their eg in what financial decisions were undertaken, but I also got to meet people who were stupid and one in particular wanted me to take on more debt which I'm glad I didn't do.
My husband and I worked together in our financial decisions and we both knew what we wanted, to this day we both discuss and some times yes we do argue but when we back ourselves up with what works we do have that mutual respect.

Its about personal discipline and if one has the passion and intelligence, they are unstoppable.

Now, with both my hubs and my previous seasoned experiences in property we both aim to help our children and do the same principle of hand up not hand out as my parents taught me.


The thing is one should not dwell on what was but what can you do exactly to improve your financial situation?
And, of course lets you sleep well at night?
Get off your bum Chris if you can afford have something that you can call home for your and your wife.
Sydneyite
13 Jul 2017, 06:31 PM
They just think that "previous generations" never had to do stuff like that is all, so they think it is "unfair" that it's "harder" for them. But they are of course very mistaken..... :re:
It is not about generation, its is about individual capability.

Its also about a personal situation.

Edited by Blondie girl, 14 Jul 2017, 02:44 PM.
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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Chris
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Tyson
14 Jul 2017, 02:34 PM
Don't you have kids and not have a house Chris?

So why do you assume his parent's bought a house prior to Trollie being born. If he was born in 1990 he'd be 27 today, so I don't see how almost 30 is 'lucky to be in his 20's'.

Also it is possible his parents migrated from somewhere to Australia and therefore bought into property late.

There's a million reasons for why Trollie's parent's could've bought their first home in 1990's and Trollie still have bought his own house in early 2000's.


If we were looking at your history Chris, I'd imagine your kids are more likely to own a home before you. Because they'll probably be doing all they can to turn out nothing like you.
A shit sock sticking up for another shit sock, quite entertaining but incredibly sad at the same time.

As for my kids I could only hope they turn out like me, the alternative is to be a pathetic unoriginal shit smear ponzi follower like you.

Btw I love your low life personal attacks as it goes to prove the type narcissistic putrid person is attracted to the property Ponzi scheme. Even as a sock you can't help but ooze the charactarestics of a real bull, you are the lowest form of life 'Tyson'
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Tyson
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Chris
14 Jul 2017, 03:36 PM
A shit sock sticking up for another shit sock, quite entertaining but incredibly sad at the same time.

As for my kids I could only hope they turn out like me, the alternative is to be a pathetic unoriginal shit smear ponzi follower like you.

Btw I love your low life personal attacks as it goes to prove the type narcissistic putrid person is attracted to the property Ponzi scheme. Even as a sock you can't help but ooze the charactarestics of a real bull, you are the lowest form of life 'Tyson'
I just like pointing out how incredibly narrow minded you are. It's a form of stress relief for me.

Just btw, you started the personal attacks first (on my very first post in this forum), so I feel absolutely no empathy towards you. I can't even be offended by your insults either, I'd have to care what you think for me to be offended.
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Chris
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Tyson
14 Jul 2017, 03:42 PM
I just like pointing out how incredibly narrow minded you are. It's a form of stress relief for me.

Just btw, you started the personal attacks first (on my very first post in this forum), so I feel absolutely no empathy towards you. I can't even be offended by your insults either, I'd have to care what you think for me to be offended.
Do you honestly think that I or anyone else cares what you think?

You are the god of narrow mindedness and your a sock, you're a figment of some lunatics imagination to wage war on anything that isn't pro property rhetoric.

It's the only tactic you clowns have, log on as many socks as you can and wage hatred and denigration on any descenting view point.

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GloomBoomDoom
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Chris
11 Jul 2017, 08:21 PM
As we have established the vast MAJORITY of home owners do none of this even though they have the option to and therefore house price rises do not make them richer.
If you buy a house with an interest only loan and it doubles in value. Can't you just ring the bank and tell them to cancel the loan because the house just paid for itself?
MSE
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