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People that live in the cities, how much money do you need to make anymore? (pg. 4)
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| Fledz |
| quote: | Originally posted by occrider
I too would like to see this $400 apartment. I'm envisioning a converted parking spot with an attached port-o-potti and complimentary crackheads. |
I'm assuming you guys mean monthly when you talk about rent? A lot of us refer to it as weekly which would make that $1600 a month and not so bad ;) |
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| narcism |
| quote: | Originally posted by jpisani
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wow advice comes in a form of a hollywood movie
fantastic |
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| Sushipunk |
| quote: | Originally posted by Fledz
I'm assuming you guys mean monthly when you talk about rent? A lot of us refer to it as weekly which would make that $1600 a month and not so bad ;) |
$1600 a month is what we're paying. For a 3 bedroom house, with a big ing deck, and a pool. |
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| Fledz |
| $1600 a month in Sydney could get you a nice 2 bedroom apartment close to the beach. A big 3 bedroom house with a deck and a pool would be A LOT more. |
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| narcism |
| quote: | Originally posted by Fledz
$1600 a month in Sydney could get you a nice 2 bedroom apartment close to the beach. A big 3 bedroom house with a deck and a pool would be A LOT more. |
yea it would get you a shoebox in the city down here in melbourne :(
was reading the paper and the average melbourne home is now over $400,000 :( |
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| Lilith |
| quote: | Originally posted by Sushipunk
$1600 a month is what we're paying. For a 3 bedroom house, with a big ing deck, and a pool. |
You'd do well to buy in the next 6-8 months too in your little part of the world, within 24 months you're going be priced completely out of the market and within 36 you'll be hanging yourself at the profit you could have made. ;) |
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| Sushipunk |
| quote: | Originally posted by Lilith
You'd do well to buy in the next 6-8 months |
I soooooo hope to do that. |
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| kr00t0n |
I'm on £21,500 before taxes.
Silly debt I got into when I was younger is going to haunt me for the next 5 years, sucking up 25% of my monthly take home, but after that I am debt free! |
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| Lilith |
| quote: | Originally posted by Sushipunk
I soooooo hope to do that. |
Get hopping, Sunshine Coast, Gold Coast and that little bit somewhere between Lismore and the GC... probably going to go boom, again. Nasty thing for you is the interest rates, which are quite hurty at the moment. |
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| stace |
I don't live in the city at the moment but I hope to move there in the next few months (when I finally get around to sorting my CV etc). A friend of my from college has been looking into banking jobs and it seems as a qualified ACCA accountant you cant get £50k-£55k as standard, which is obviously more than enough to live off and pay rent but unlikely to be sufficient to get me a mortgage on, well, anywhere central.
Where I live now I earn £38k and cant really afford to buy here either, not on my own anyway.
Its crazy. |
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| Fledz |
| quote: | Originally posted by Lilith
You'd do well to buy in the next 6-8 months too in your little part of the world, within 24 months you're going be priced completely out of the market and within 36 you'll be hanging yourself at the profit you could have made. ;) |
Agreed. Latest figures predict an 18% rise in homes in all major capital cities and a 40% rise in rent over the next 3-4 years.
As someone that will be renting very soon, I'm ed :mad: |
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| Sushipunk |
| quote: | Originally posted by Lilith
Get hopping, Sunshine Coast, Gold Coast and that little bit somewhere between Lismore and the GC... probably going to go boom, again. Nasty thing for you is the interest rates, which are quite hurty at the moment. |
the Gold Coast.
Sunshine Coast for the win. It's also where I grew up, so I know the place quite a bit better. |
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