if you can't afford a 1m+ house it won't make sense in any market, ever. renting because you want to appear like some kind of big shot is the height of wankery.
Like I have said before, I can buy but choose not to. $1m+ or more. I choose not to rent because I can see what is coming, not because I want to be a big shot. There is nothing "big shottery" about renting because I want to.
Just because you are labored by your debt does not make you any less of a wanker. Your comment sums it all up.
Really? I thought it was normally the dodgy airlines like Garuda etc that don't care about those sorts of rules? The good ones know that most of their passengers don't particularly want to be dealing with an unexpected in-flight child birth in the row in front of them!
PS: Most long haul flying I have done in the last 10 years has either been work/business related, so business class and occasionally even first after a lucky upgrade (now THAT'S how to fly!), or personal but upgraded to business class using all the FF points I seem to accumulate, and always on premium airlines (Qantas, Singapore, Emirates, Etihad). So please tell me what else I am doing wrong to be missing out on this "paying for quality" thing that I should try sometime?
I think the only logical conclusion is that Audas has a private jet.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
I think the only logical conclusion is that Audas has a private jet.
Private jet or not, I wouldn't risk my wife flying at 8 months pregnant. My first child came at 36 weeks (8 months) and was a emergency cesarean. Would hate to be on any plane at that time.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
Private jet or not, I wouldn't risk my wife flying at 8 months pregnant. My first child came at 36 weeks (8 months) and was a emergency cesarean. Would hate to be on any plane at that time.
i imagine Audas travels with an obstetrician and two mid wives.
Yours appears to be an emotional decision to purchase rather anything financial - as you have said you are very happy to potentially lose tens if not hundreds of thousands of dollars over the next 12 months.
I know your wife is happy to have a house, but how will she feel about losing that kind of money ? Waiting 12 months is not that big a deal, the crash has been on for only one year in earnest, and looking at the US it was four years for the steep declines to flatten out to moderate losses.
For myself I intend to buy back into a falling market, absolutely, however I intend to by at the end of the steepest declines, not right before them, and as emotional as we are about wanting to return to outright ownership we are looking to maximise our life style - that will include a new house in a good location and a new coastal property for the price of one shitty property now.
Your call - I feel it was a bad one - especially in Brisbane, could have been worse though, you could have bought into Melbourne.
There are a few things you have missed here.
1. I did not rush into this purchase as a last minute emotional purchase. My wife and I have been waiting YEARS to buy. We did not feel market conditions were good for purchase until recently.
2. This house is already 10-20% down compared to what I think it would have sold for a year ago.
3. I don't think we are going to see the sort of "steep declines" you are talking about.
4. I intend to be here for 10 years plus. The market can go up and down, I don't care.
5. I can easily afford this house. I make extra mortgage payments, I'm saving money every week, and I could still afford to buy a nice laptop last month, and an ipad this month.
6. People have been waiting for a crash for ages. What if I wait another year and it doesn't happen? and then I wait another year? or another? fuck that. I needed a decent sized place now. I wanted stability for my family. Now I have it.
The fact is, I wanted a place, I needed a bigger place, and financially it made sense for me.
I suggest you take your arrogant, self-righteous attitude and piss off.
1. I did not rush into this purchase as a last minute emotional purchase. My wife and I have been waiting YEARS to buy. We did not feel market conditions were good for purchase until recently.
2. This house is already 10-20% down compared to what I think it would have sold for a year ago.
3. I don't think we are going to see the sort of "steep declines" you are talking about.
4. I intend to be here for 10 years plus. The market can go up and down, I don't care.
5. I can easily afford this house. I make extra mortgage payments, I'm saving money every week, and I could still afford to buy a nice laptop last month, and an ipad this month.
6. People have been waiting for a crash for ages. What if I wait another year and it doesn't happen? and then I wait another year? or another? fuck that. I needed a decent sized place now. I wanted stability for my family. Now I have it.
The fact is, I wanted a place, I needed a bigger place, and financially it made sense for me.
I suggest you take your arrogant, self-righteous attitude and piss off.
Well done you. There's every possibility the bottom is in and you bought at an almost perfect time, too. No-one has a crystal ball here.
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