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I beg to differ that most jobs close to 80k are closer to the...

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skiptdouglas

8,560 Posts.

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11/07/17

12:34

Post #: 25790331
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Originally posted by danginvestor ↑

Most kind of jobs that would pay $80K a year are close to the CBD.

I know a couple who did tried to move some hundreds of kms away from the city where housing is more affordable. They couldn't find any work to help pay for that mortgage so have to move back to suburbia and rent.

A house isn't just a house. It's the support network, the job and education opportunities, the kids being around their grandparents, say.

We're all asking those who want a house to make sacrifices, get out of town... yet there's little talk of, I don't know, gov't not tipping the scale to favour their developer friends. Allowing negative gearing and generous capital gains on property where losses are covered by the taxpayers but gains can either be further claim against new losses or get a massive discount.

Ah well, property investors are probably thinking that renters and young millennials are just whingers. Just give it a few more years and watch how all that paper profit unwind.

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I beg to differ that most jobs close to 80k are closer to the city. I would say a lot of jobs paying north of 100k are but not all. Plenty of tradies earn 80k or more and don't need to work in the city. Plenty of business parks out of the city people earning 80k.
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