Some posters are just living in the past and stuck in the past.
Most graduatual jobs start at around
$50,000 to $60,000 gross. Net income after tax and HECS repayment would be around $40,000 or less , that's just enough to cover their living expenses such as rent, food, train fares, phone, internet & electricity bills etc..hardly have much left after that in savings.
Average shoes boxes (apartments ) within travel distance are at least half a million in Sydney. Do the maths, how long it takes them to save enough to get into the property market, maybe after 5 years of savings, they can save just enough to pay for the stamp duty let alone the initial deposit.
- Forums
- Property
- Better solution to suppress investors?
Better solution to suppress investors?, page-16
-
- There are more pages in this discussion • 131 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online