British Expats - Search Results
British Expats

Go Back  British Expats > Search Forums
Reload this Page >

Search Results

Register
FAQ
Wikiposts
Today's Posts
Search
Vendor Directory
Search: Posts Made By: Seneca21
Showing results 1 to 11 of 11
Search took 0.01 seconds.
Forum: Australia
Nov 29th 2010, 11:52 pm
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

Of the three good landlords I've had, two were independent without agents, and one had an agent. Of the two shits, both had agents. Who were also shits.
Forum: Australia
Nov 29th 2010, 11:16 pm
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

I've had three good ones and two shits, so they're doing all right for the moment.
Forum: Australia
Nov 29th 2010, 11:05 pm
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

Those that do pay tax. There is quite a problem with this, I am led to believe.
Forum: Australia
Nov 29th 2010, 6:36 pm
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

The level of fun possible to get out of this thread is directly proportional to whether the reader has a mortgage or not, or owns or not.
Forum: Australia
Nov 29th 2010, 7:04 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

But this expectation would be harmless were it not for the financial reasons that let it out of its box.
Forum: Australia
Nov 29th 2010, 5:30 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

I doubt this. An average wage of 20k/25k is going to get a mortgage of 70k/90k. You're not buying a public urinal for that in most of the UK/Aus.
Forum: Australia
Nov 29th 2010, 5:24 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

Totally agree with these three factors, particularly the first two - these are the culprits behind insanely high house prices. It has been proved beyond doubt that there is no housing shortage....
Forum: Australia
Nov 29th 2010, 4:31 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

All that shows is that one person could get a mortgage on a house then, but now it requires two people. House inflation above wage inflation. If this keeps up we'll have to send our kids up chimneys...
Forum: Australia
Nov 29th 2010, 4:02 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

At least when compared to when their parents were in their 20s. Seems to me that back in the 1960s/1970s a ratio of 3.5 of one wage was more than enough to get a mortgage on a starter house. Today a...
Forum: Australia
Nov 29th 2010, 3:31 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

This is why I don't like the "average" stats. What is an average couple, for a start?

The only way to do it is to look at your wages and look at the cost of housing where you need to live. You can...
Forum: Australia
Nov 29th 2010, 3:17 am
Replies: 1,008
Views: 103,558
Posted By Seneca21

Re: The Great Australian Property Swindle

Totally. I know someone whose house in northern CA was worth $4 million a few years ago and is now worth $2.5 million. Just. Like. That.

The same will happen in Australia, sooner or later.
Showing results 1 to 11 of 11


 
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.