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#631 | |||
BLUE OVAL INC.
Join Date: Feb 2006
Posts: 8,645
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#632 | ||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Here's an idea, why don't we give all the land back to its rightful owners (the indigenous people) and lease the land for our housing.
Certainly seems like a fair system. ![]()
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#633 | ||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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We need a good crash.
There is a false perception in this country that real estate is a safe bet. It's not. Housing should be a basic human right. Not the money making exercise which Govco has turned it into. If you over extended, bad luck.
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www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#634 | |||||
WT GT
![]() Join Date: Jan 2006
Location: The GSS
Posts: 17,759
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![]() Anyway, off to an auction to buy another investment property to add to my portfolio that I'm building for the sole purpose of ruining the younger people's dreams ![]() |
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#635 | |||
FF.Com.Au Hardcore
Join Date: Jul 2009
Location: melbourne
Posts: 4,649
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You sure? Have you seen what a greenfields are going for these days? LAND prices on Melbourne’s fringes surged in 2017, heaping more pressure on buyers struggling to break into the property market at entry level. The median lot price in the city’s greenfield market rose 29 per cent to $304,000 last year, the Urban Development Institute of Australia’s State of the Land 2018 report shows. Just think about it for 2 sces 304k median price to live on the outskirts of melbourne before the house is built. Something is broken and it has little to do with CGT and negaitvie gearing. |
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#636 | ||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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So whats driving up demand of Australian property? Theres heaps of factors hey - a overcrowded market, cheap finance, over generous tax breaks, restrictive zoning laws, foreign investment, minimal new land releases, lack of fulltime employment etc.
Feel free to add more reasons, eventually we will see the total reasons why prices of Australian property have unequivocally surged to record levels. cheers, Maka
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Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#637 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,045
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#638 | ||
FF.Com.Au Hardcore
Join Date: Apr 2007
Location: Miranda, NSW
Posts: 6,771
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Desirability of an area which is why a house in Point Piper NSW is worth a lot more than one in Roseberry, TAS
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2005 BA MK2 FPV GT - 6 SPEED MANUAL , SILHOUETTE, SWISSVAX, SUNROOF, BILSTEIN AND LOVELLS, FACTORY GENUINE 19'S, X-FORCE STAINLESS QUAD CATBACK, ADVANCE HEADERS, 200 CPSI CATS, BLUEPOWER CAI, HERROD BREATHER KIT, 4:11 DIFF RATIO, MAL WOOD OPT 3+ CLUTCH, BILLET SHIFTER, MELLINGS 10227, NOW WITH REVERSE CAMERA/SENSORS, ALPINE SPEAKERS & SUB - CUSTOM TUNED TO 275 RWKW NOW WITH A NEW ADDITION - 2017 MUSTANG V8 GT FASTBACK - , 6 SPEED AUTO IN PLATINUM WHITE, |
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#639 | ||
Rob
Join Date: Sep 2006
Location: Woodcroft S.A.
Posts: 21,503
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I wonder how many houses there are around that are unoccupied?
Serious question. |
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#640 | ||
FF.Com.Au Hardcore
Join Date: Jun 2013
Location: Adelaide
Posts: 1,601
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How does that affect the strugglers trying to get a foot in the door?
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____________________ 2019 LDV G10 2009 Mitsubishi Express-GONE 2011 Honda Jazz ____________________ |
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#641 | |||
WT GT
![]() Join Date: Jan 2006
Location: The GSS
Posts: 17,759
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https://www.smh.com.au/politics/fede...17-gxcpiw.html But the measure may be flawed ![]() https://www.domain.com.au/news/the-r...170726-gxhy8q/ |
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#642 | |||
Rob
Join Date: Sep 2006
Location: Woodcroft S.A.
Posts: 21,503
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Quote:
If everyone only owned the house they needed to live in, supply would outstrip demand by some margin which would bring prices down. I admit that is a very simplistic view and a bit idealistic but the point remains. Last edited by prydey; 15-06-2018 at 07:58 PM. |
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#643 | |||
T3/Sprint8
![]() Join Date: Jan 2005
Location: Australia
Posts: 16,334
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So what happens to the portion employed IF things are slowed down, increase the tax's etc, employers start redundancies. Its a viscous circle BUT I agree it could be governed farfar better but where do we get 1-2 smart thinking people for THE country for a change instead of bush fire management and social media slander.
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Tickfords T3/TS50 '02 Sprint8 manual Sept 24 '16 Daily Macan GTS "Don't believe everything you read on the internet. Abraham Lincoln" |
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#644 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
You've gotta start somewhere.
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www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#645 | |||
T3/Sprint8
![]() Join Date: Jan 2005
Location: Australia
Posts: 16,334
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Your train of thought makes me wonder your into F1 for eg, I'm sure you'll say its about the driver abilities/ man machine thing you know and Schumi, Bratt, Pettel and the likes who adorn $250k watch's, own several properties/yachts etcetc...like where are you going. Heck, even our local supercar boys are living the life that is greed as you describe. Lets get back on the real topic.
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Tickfords T3/TS50 '02 Sprint8 manual Sept 24 '16 Daily Macan GTS "Don't believe everything you read on the internet. Abraham Lincoln" |
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#646 | |||
FF.Com.Au Hardcore
Join Date: Oct 2014
Location: Newcastle
Posts: 1,782
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I agree the young have it harder than I had it- and they will need to think outside the square to succeed. And guess what evolution tells us that there will be humans that adapt and engage with the challenge. About only 1 house- I have paid off my house. I have 2 daughters and worry about HECS and their lives. Worried about going on pension and being a greedy ***** living off pension which my Kids have to pay off in future years- that's selfish. So- I am looking at being self sufficient and not rely upon young to fund my pension, and have used my Super to buy a house as the money in the super fund bank account was returning 1.5%. Why am I a selfish ***** trying to be self funded in retirement and not being a burden on the young trying to do whatever I can to maximize my ability to not being a burden on the young. Not a simplistic knee jerk situation this.......
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Ford Rides: Ford Fiesta ST Mk 8 -daily- closest thing to a go kart on road for under 50K FG X XR8 smoke manual - Miami hand built masterpiece by David Winter, BMC Filter, JLT Oil separators, Street Fighter Intercooler Stage 2, crushed ball, running 15% E85 and 85% 98- weekender |
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#647 | |||
Au Falcon = Mr Reliable
Join Date: Sep 2009
Location: North West Slopes & Plains NSW
Posts: 4,076
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cheers, Maka
__________________
Ford AU Series Magazine Scans Here - www.fordforums.com.au/photos/index.php?cat=2792 Proud owner of a optioned keeper S1 Tickford Falcon AU XR6 VCT - "it's actually a better-balanced car than the XR8, goes almost as hard and uses about two-thirds of the fuel" (Drive.com 2007) |
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#648 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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It is pretty funny how simple maths evades some people
![]() I'm just glad that I got it done and have been living in my own place for a while (since September) but I'm not so sure I would be where I am today had I not been able to live at home for as long as I did. My mother went through it all and says it is ****ed for young people these days. |
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#649 | |||
Donating Member
![]() Join Date: Jun 2007
Location: Checking out soft furnishings....
Posts: 8,682
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I think i stuffed up ![]() |
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#650 | |||
YE-US! Wait. I don't know
Join Date: May 2010
Location: in the turkey...
Posts: 940
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Pretty much this. Except to add insult to injury, the average wage currently reflects the top 25% of income earners. They tout the number like it's gold, but average wage is misleading, and is only really useful to compare to median wage to (generally) analyse wealth distribution. The median (full time) wage is closer to 55k. Which is where 50% of the population earn that or above. So you're more looking at... 6-8 years of saving your entire income for a deposit.
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"Well. Apparently you're looking for a lion-snake named Harriet." Daily: '06 BF XL Ute,Shockwave Blue, Column Shift, eGas BEAST.
Gone: 77 HZ panel van, 253, column. The Weekender: '06 BF Pursuit, Toxic, lumpy af |
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#651 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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It was hard and I am thoroughly enjoying my peace and quiet these days despite all the bills. So many bills. I actually didn't really understand discretionary spending until I bought my house ![]() |
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#652 | |||
FF.Com.Au Hardcore
Join Date: Jun 2009
Posts: 18,985
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#653 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,028
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My cousins lived with their parents into their 30s until they got into their first houses in Melbourne - why would you rent and pay off someone elses mortgage if you can live at home with the folks? Thats the way we do it. Thats the way I'm going to do it ![]() At the rate I'm going I'll probably inherit the parents house first to be honest ![]() |
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#654 | |||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,525
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#655 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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Quote:
![]() But a lot of my concern was about worrying about mum dealing with the other ******** son and I just said if I keep thinking that way I will be living at home for life. I couldn't keep kneecapping myself. She's a tough girl but I wish she didn't have to be. But at least now she can come here anytime she wants to. |
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#656 | |||
Donating Member
![]() Join Date: Jun 2007
Location: Checking out soft furnishings....
Posts: 8,682
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#657 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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Quote:
![]() Last edited by MITCHAY; 16-06-2018 at 12:17 AM. |
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#658 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,028
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https://www.realestate.com.au/proper...rton-128296914
https://www.realestate.com.au/proper...bury-128478066 Both low socioeconomic areas - I was born in and still spend a lot of time in the latter ![]() Amazing the difference in prices, given the latter is twice as far out of the CBD as the first one and the house is a run down hole in a part of that suburb that was affectionately named 'Little Chicago' by its residents for its significant drug problems. |
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#659 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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Quote:
The median is $700k+ in a population a bit over 400k. How ****ed up is that? If I'm correct the most expensive after Sydney and Melbourne ![]() |
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#660 | |||
FF.Com.Au Hardcore
Join Date: Feb 2011
Location: by the beach
Posts: 1,982
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clevo mafia (sadly sold) 351c xe manual (now with short shifting 5sp goodness) xc gs coupe project...hmm more clevo for me new daily 2005 ba sr |
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