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50% droup in property is not crash, page-53

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kenalex

765 Posts.

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19/09/17

14:15

Post #: 27317406
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Originally posted by 3bornot3b ↑

" The only problem here is the impatience and waste of some."

You ought to venture back to Planet Earth in the here and now, UT...... perhaps put yourself in the shoes of a young person on a semi-decent wage trying to save up, say $150K, for a deposit.

Some things are cheaper now, white goods, cars..... but costs to service/repair things are exorbitant, utilities have gone up a lot. I remember as a young person renting in the 70's..... paying electricity bills was never a problem, water was cheap too.... no stress there.

As for house prices, they were ridiculously cheap relative to wages..... some have very selective memories.

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Housing affordability is getting worse... as per multiple data shows...
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