Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Housing was about 2-3 times wages back then. So it would have been boomers whinging, that'd be right, the most self entitled gen of them all.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
Yep, the bear whingers no doubt refused to buy in 1970 'cus houses were unaffordable and waited for the crash. Ozzie houses then tripled in price over the next 10 years.
Wages grew fast too over the 1970s but the biggest problem was that house prices grew faster than the savings for a deposit and substantial deposits were required. Real savings returns were negative. People had it tough in those days. A common way of getting enough deposit in those days was to borrow some of the required deposit from elsewhere even though the interest rate was higher than mortgage rates.
Housing was about 2-3 times wages back then. So it would have been boomers whinging, that'd be right, the most self entitled gen of them all.
Moops people still buy houses at the same multiples of income (unless they are rich from other sources). Just because the median house in a certain multiple of median incomes, does not mean that the median person pays that multiple. The person buying the median home is probably an upgrader with considerable equity. The first home buyers borrow what the banks allow them to borrow and apart from counting women's wages that has not changed in decades.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Moops people still buy houses at the same multiples of income (unless they are rich from other sources). Just because the median house in a certain multiple of median incomes, does not mean that the median person pays that multiple. The person buying the median home is probably an upgrader with considerable equity. The first home buyers borrow what the banks allow them to borrow and apart from counting women's wages that has not changed in decades.
No. They don't. You fucking retard.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
I don't understand why the property investment community is so negative here? Nearly every thread I have read on this forum seems to be a warzone, and this one is very provocative from the outset. Can someone explain this to me please. My husband and I are considering an investment property as a retirement vehicle because Brisbane prices seem very attractive but are we missing something about the venture?
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
I don't understand why the property investment community is so negative here? Nearly every thread I have read on this forum seems to be a warzone, and this one is very provocative from the outset. Can someone explain this to me please. My husband and I are considering an investment property as a retirement vehicle because Brisbane prices seem very attractive but are we missing something about the venture?
Warzone is correct. Property bears and bulls are passionate. This is where they go to war. Only one team will be victorious.
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