1.93's A$ to the Pound!!!
Oct 13th 2009, 12:28 am
#556
Guest
Posts: n/a
Re: 1.93's A$ to the Pound!!!
But you are advocating SPRAWL. That is the absolute worst idea in relation to Urban Planning. This will cause people to spend a fortune and time in buying cars, buying petrol, insurance, registration and maintenance/repairs.
Not to mention the damage to the economy in lost of earnings per hour and the damage to the economy that congestion and pollution causes.
Massive infrastructure will be required to support these far flung colonies which will require an increase in taxes of all kinds and not just income tax.
Urban Planners have had the answer for a very long time......DENSIFICATION!
It is the only way.
Not to mention the damage to the economy in lost of earnings per hour and the damage to the economy that congestion and pollution causes.
Massive infrastructure will be required to support these far flung colonies which will require an increase in taxes of all kinds and not just income tax.
Urban Planners have had the answer for a very long time......DENSIFICATION!
It is the only way.
It's only an hour by train to Sydney CBD 
Oct 13th 2009, 12:46 am
#557
BE Enthusiast
Joined: Jan 2008
Posts: 371
Re: 1.93's A$ to the Pound!!!
I'm not sure if you have any idea what a correct Urban Planning strategy entails, but an hours commute via car is unacceptable for a properly functioning city.
Even by train it is an expensive enterprise.
Urban Planners have been against such ridiculous sprawl for decades but unfortunately the corrupt politicians have their head in the trough with the property developers.
If you want to read up on how a city should function in regards to urban development and public transportation nodes I suggest you read up on Garry Glazebrook.
Even by train it is an expensive enterprise.
Urban Planners have been against such ridiculous sprawl for decades but unfortunately the corrupt politicians have their head in the trough with the property developers.
If you want to read up on how a city should function in regards to urban development and public transportation nodes I suggest you read up on Garry Glazebrook.
Oct 13th 2009, 4:23 am
#559
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: 1.93's A$ to the Pound!!!
Something that seemed near impossible a few months ago
, I am cautious by nature however even I would think now 1.6range is not impossible.
Still wouldnt bet on 1.5 however if it goes that low, I will be on ozforex not on here
, I am cautious by nature however even I would think now 1.6range is not impossible.Still wouldnt bet on 1.5
however if it goes that low, I will be on ozforex not on here
Oct 13th 2009, 4:34 am
#560
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,761
Re: 1.93's A$ to the Pound!!!
Exactly .most likely in an are where there is no work too . The fact is most people want a home resonably close to home especially if migrating after all they are supposed to be coming for a better life not to spend it sat in the car on the freeway .
Lets face it and i can only give perth as an example as i live here ,you have realistically got to spend the average of 450000 for a house ,lets say a young couple from the uk with 2 kiddies and say a 100000 dollars in equity and they put the lot down on a house then that leaves 350000 on a mortgage .
Well at a guess thats going to cost em $500 a week plus insurances ,now if the young fella is a bricklayer he can expect to earn 240 a day or 1200 a week and thats on full weeks every week for 52 weeks a year ,so 60000 minus 15% income tax as he will be self employed so this will be around his rate ,maybe a bit more or a bit less leaves him with 51000 a year or about 1000 a week .
Now this is a best case scenario as building workers dont get full weeks and often have time off at xmas etc .
He is spending 50% of his income on the house , he then has to eat ,his children have to eat , his wife has to eat , he has to put fuel in the cars ,etc etc etc .
THis is not an exagerated scenario this is what real migrants do and often havent got family freinds to look after kiddies so the OH can get a part time job .
Obviously the bank wouldnt lend them that kind of money in the first place ,but they were on low-doc loans .
So to summarize if you got $100000 in the bank and the average paid job in perth ,exactly where are you going to live that gives you the lifestyle you are by and large seeking?
In my own case when i moved here houses where i am in inglewood were 80000 dollars ,my income was 600 a week or 30000 a year ,so roughly the house cost 3xanual income ,you now need an income of 300000 a year to get in here if you arnt carrying equity .perth is expensive if you want the normal conveniencies that most people have in the uk .
Now all this sounds pretty negative and no doubt people have to make a lot of sacrifices on where to live when they arrive as often they wont be able to get what they want here in perth .But someone who is coming here seriously ask to ask themselves how far out they really want to live and how much travelling they want to do to work ,these are all considerations that stuff up the quality of life especially if all you can afford is right out in the suburbs where nothing moves for a week and you have to drive everywhere , it maybe alright for the man of the house whos out working but for the lady of the house with kiddies and a fresh arrival it can become very very hard indeed .
Lets face it and i can only give perth as an example as i live here ,you have realistically got to spend the average of 450000 for a house ,lets say a young couple from the uk with 2 kiddies and say a 100000 dollars in equity and they put the lot down on a house then that leaves 350000 on a mortgage .
Well at a guess thats going to cost em $500 a week plus insurances ,now if the young fella is a bricklayer he can expect to earn 240 a day or 1200 a week and thats on full weeks every week for 52 weeks a year ,so 60000 minus 15% income tax as he will be self employed so this will be around his rate ,maybe a bit more or a bit less leaves him with 51000 a year or about 1000 a week .
Now this is a best case scenario as building workers dont get full weeks and often have time off at xmas etc .
He is spending 50% of his income on the house , he then has to eat ,his children have to eat , his wife has to eat , he has to put fuel in the cars ,etc etc etc .
THis is not an exagerated scenario this is what real migrants do and often havent got family freinds to look after kiddies so the OH can get a part time job .
Obviously the bank wouldnt lend them that kind of money in the first place ,but they were on low-doc loans .
So to summarize if you got $100000 in the bank and the average paid job in perth ,exactly where are you going to live that gives you the lifestyle you are by and large seeking?
In my own case when i moved here houses where i am in inglewood were 80000 dollars ,my income was 600 a week or 30000 a year ,so roughly the house cost 3xanual income ,you now need an income of 300000 a year to get in here if you arnt carrying equity .perth is expensive if you want the normal conveniencies that most people have in the uk .
Now all this sounds pretty negative and no doubt people have to make a lot of sacrifices on where to live when they arrive as often they wont be able to get what they want here in perth .But someone who is coming here seriously ask to ask themselves how far out they really want to live and how much travelling they want to do to work ,these are all considerations that stuff up the quality of life especially if all you can afford is right out in the suburbs where nothing moves for a week and you have to drive everywhere , it maybe alright for the man of the house whos out working but for the lady of the house with kiddies and a fresh arrival it can become very very hard indeed .
Oct 13th 2009, 4:35 am
#561
Guest
Posts: n/a
Re: 1.93's A$ to the Pound!!!
I'm not sure if you have any idea what a correct Urban Planning strategy entails, but an hours commute via car is unacceptable for a properly functioning city.
Even by train it is an expensive enterprise.
Urban Planners have been against such ridiculous sprawl for decades but unfortunately the corrupt politicians have their head in the trough with the property developers.
If you want to read up on how a city should function in regards to urban development and public transportation nodes I suggest you read up on Garry Glazebrook.
Even by train it is an expensive enterprise.
Urban Planners have been against such ridiculous sprawl for decades but unfortunately the corrupt politicians have their head in the trough with the property developers.
If you want to read up on how a city should function in regards to urban development and public transportation nodes I suggest you read up on Garry Glazebrook.
All I know is that most jobs I have ever had, have entailed travelling to work.
Most people that I know are also accustomed to travelling to work.
Some people are prepared to pay a higher price for property to live closer, some are prepared to travel further to keep property prices down.
$40 per week for Blacktown to Sydney central. (45 minute trip)
I suppose they could save that train fare and spend the extra $25,000 that it would allow them to borrow, on a house next to where they work in the CBD ?
Hmmm $265k for house in the CBD ? I think that's pushing it
We have to face facts, if people want a house on a block of land, in a population expanding country, it does mean moving further out, if they wish to keep the prices down.
There is actually nothing wrong with that, and if you look at the Western Suburbs of Sydney, you will see that more and more employment opportunities are occurring all the time.
Its like the UK, people live all over the country, not centralised just in the Cities. In fact many London workers travel an hour or so to work. I used to do that in the 70's, with thousands of others every day.
I just checked the price for that UK trip these days; £75 pw and a 1hr 15 min trip
Maybe not as many people do that sort of commute these days.
Oct 13th 2009, 4:43 am
#562
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,761
Re: 1.93's A$ to the Pound!!!
But you are advocating SPRAWL. That is the absolute worst idea in relation to Urban Planning. This will cause people to spend a fortune and time in buying cars, buying petrol, insurance, registration and maintenance/repairs.
Not to mention the damage to the economy in lost of earnings per hour and the damage to the economy that congestion and pollution causes.
Massive infrastructure will be required to support these far flung colonies which will require an increase in taxes of all kinds and not just income tax.
Urban Planners have had the answer for a very long time......DENSIFICATION!
It is the only way.
Not to mention the damage to the economy in lost of earnings per hour and the damage to the economy that congestion and pollution causes.
Massive infrastructure will be required to support these far flung colonies which will require an increase in taxes of all kinds and not just income tax.
Urban Planners have had the answer for a very long time......DENSIFICATION!
It is the only way.
Oct 13th 2009, 4:45 am
#563
Banned
Joined: Aug 2008
Posts: 22,348
Re: 1.93's A$ to the Pound!!!
Last edited by paulry; Oct 13th 2009 at 4:47 am.
Oct 13th 2009, 4:46 am
#564
Banned
Joined: Aug 2008
Posts: 22,348
Re: 1.93's A$ to the Pound!!!
Even at that cost lots of people still do it.
Last edited by paulry; Oct 13th 2009 at 4:52 am.
Oct 13th 2009, 4:49 am
#565
poole ,dorset . love it
Joined: Mar 2007
Posts: 1,281
Re: 1.93's A$ to the Pound!!!
Yes densification is the only way ,get the places vibrant instead of cities that are cultural wastelands , how this would appeal to new migrants who dream of the mcmansion only 10 minutes away from town via leer jet i dont know .
Oct 13th 2009, 5:16 am
#566
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,761
Re: 1.93's A$ to the Pound!!!
Feel that it would appeal far more to perhaps higher diversity of folk whose main purpose in life is not just to stay home in the evenings or to have kids...and would not necessary want to come to Australia at the moment,or at least long term as miss the vibe of life or to be honest bored a little senseless..include people with a cosmopolitan bend or in the arts,media,social areas lots of folk from developing world countries..High time to reclaim the cities for all and not just the teenies and young and social outcasts.
Oct 13th 2009, 5:23 am
#567
poole ,dorset . love it
Joined: Mar 2007
Posts: 1,281
Re: 1.93's A$ to the Pound!!!
Feel that it would appeal far more to perhaps higher diversity of folk whose main purpose in life is not just to stay home in the evenings or to have kids...and would not necessary want to come to Australia at the moment,or at least long term as miss the vibe of life or to be honest bored a little senseless..include people with a cosmopolitan bend or in the arts,media,social areas lots of folk from developing world countries..High time to reclaim the cities for all and not just the teenies and young and social outcasts.
I for one liked the idea of the nice house ete etc , been there done it ,kids grown ,missus gone .Australian burbs dont hold the same attraction now ,give me the european way of life anyday and i dont mean just the uk either .
Oct 13th 2009, 10:39 am
#570
BE Enthusiast
Joined: Jun 2008
Location: Sydney
Posts: 392
