Bacause back in your day the average house cost 3 times the average wage now it costs 7 times...so my repayments are more than doubles what your were...do you get it yet?
I have to subsidise investors losses on their investment properties cause they make a loss so they can get captial appreciation on their properties.
This is costing taxpayers around 15 bill every year.
Rent is going up $50 a week where i live because the investors have pushed house prices up so far they need to the extra money so they dont go down the drain.
Sure you paid 18% interest rates once but our repayments are much more than that compared to our wages and we have to drive further to work so costs are higher it goes on and on as interest rates rise by both the banks and the rba on top of record fuel prices...CPI is breaking out so rent is rising food is rising etc etc
Why cant we just have cheaper houses, i dont want a mcmansion just a little 2 bedroom house in the suburbs and i am prepared to take on a second job as it will cost me around $250-300k for a dog box... my repayments will be around $500 a week + rates insurance...I just cant get in the market without buying a 1 bedroom/2 bedroom flat and then hoping the car doesnt break down etc or I get sick
You have no idea....you just dont see it... and when the younger generation speak up you call us whingers and consumers and tell us how hard it ws in the old days...it was hard for my grandparents... that i know ...but nowhere near as hard for my parents...and both generations say we have it the hardest now. Turn your blinkers off you sellouts...you are the generation that just took took took
