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Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:34 am
by MW
amber_fluid wrote:
MW wrote:Is it worth buying a home these days for first home buyers?

Without going too much into it, I would expect some financial savvy people would find it easier to build wealth by investing elsewhere and using the ability to claim tax on investments and then rent the family home, rather than paying for inflated property prices and relatively high interest rates.


You’d still need to rent somewhere at overly inflated prices also.


Yes thats the decision that needs to be made I guess, which is the less of two evils... rent or mortgage

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:36 am
by amber_fluid
MW wrote:
amber_fluid wrote:
MW wrote:Is it worth buying a home these days for first home buyers?

Without going too much into it, I would expect some financial savvy people would find it easier to build wealth by investing elsewhere and using the ability to claim tax on investments and then rent the family home, rather than paying for inflated property prices and relatively high interest rates.


You’d still need to rent somewhere at overly inflated prices also.


Yes thats the decision that needs to be made I guess, which is the less of two evils... rent or mortgage


No different to leasing or buying a car.
Don’t you want to own it?
I’m probably a bit old school here.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:38 am
by Booney
Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:40 am
by dedja
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.


Sure it wasn’t a brothel?

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:49 am
by Wedgie
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Geez, what a rip-off.
We pay $500pw for a nice 3 bed room house in a quiet leafy suburb near the Torrens 10 mins from town. Mind you it was $400pw when we moved in 8 years ago.

PS I take it back, that unit is less than a block away from Shapeshifter! :lol:

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 10:56 am
by Lightning McQueen
Brodlach wrote:
amber_fluid wrote:
Brodlach wrote:I don’t think they are too dissimilar.

Kids could save $5k a year just by doing what we kid as kids. Take your lunch to work and don’t spend $150 a month on an iPhone 15 pro max when an iPhone 8 will do.


I’m with you.
Daily coffees, brand name clothes, yearly holidays(most overseas), every concert that comes, every sporting event, etc etc

Stop all that or at least limit it and you’ll have a deposit on a house.

We have 11 Uni kids at my work, out of those 11 there has been 7 that have gone overseas in the past 4 months. One has been overseas 3 times in 13 months

I encourage my kids to travel young and not have kids til you’re 30, I tell them how much kids suck the life and savings out of you so live your life first.

I cop some crap from them when I say it but they’re on the same page

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 11:05 am
by Brodlach
Absolutely no issue with that LM as everyone is different and want different things in life.

But then kids can’t wonder why they don’t have a house deposit as they’ve spent $15-$20k on an overseas holiday. Most people can’t have both.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 11:12 am
by Brodlach
Wedgie wrote:
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Geez, what a rip-off.
We pay $500pw for a nice 3 bed room house in a quiet leafy suburb near the Torrens 10 mins from town. Mind you it was $400pw when we moved in 8 years ago.

PS I take it back, that unit is less than a block away from Shapeshifter! :lol:


Three bedroom, two bathroom and near new. $250 per person a week (3 sharing) covers all bills also except food.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 11:21 am
by Wedgie
Brodlach wrote:
Wedgie wrote:
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Geez, what a rip-off.
We pay $500pw for a nice 3 bed room house in a quiet leafy suburb near the Torrens 10 mins from town. Mind you it was $400pw when we moved in 8 years ago.

PS I take it back, that unit is less than a block away from Shapeshifter! :lol:


Three bedroom, two bathroom and near new. $250 per person a week (3 sharing) covers all bills also except food.

Shity area there though and on a main road. No thanks.
But yeah agreed about the affordability, my daughter earns almost as much as me and she's happy to share a house with others to save on costs.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:34 pm
by woodublieve12
Brodlach wrote:
Wedgie wrote:
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Geez, what a rip-off.
We pay $500pw for a nice 3 bed room house in a quiet leafy suburb near the Torrens 10 mins from town. Mind you it was $400pw when we moved in 8 years ago.

PS I take it back, that unit is less than a block away from Shapeshifter! :lol:


Three bedroom, two bathroom and near new. $250 per person a week (3 sharing) covers all bills also except food.


Good luck getting that when you apply with 50-100 applicants...

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:54 pm
by wenchbarwer
woodublieve12 wrote:Good luck getting that when you apply with 50-100 applicants...


But it's easy, you just go and apply. That's what I did when I was renting

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:55 pm
by Booney
wenchbarwer wrote:
woodublieve12 wrote:Good luck getting that when you apply with 50-100 applicants...


But it's easy, you just go and apply. That's what I did when I was renting


If it doesn't happen then apply harder.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:55 pm
by Wedgie
wenchbarwer wrote:
woodublieve12 wrote:Good luck getting that when you apply with 50-100 applicants...


But it's easy, you just go and apply. That's what I did when I was renting

Same.
First one we applied for we got and that was with a dog.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:56 pm
by wenchbarwer
Booney wrote:
wenchbarwer wrote:
woodublieve12 wrote:Good luck getting that when you apply with 50-100 applicants...


But it's easy, you just go and apply. That's what I did when I was renting


If it doesn't happen then apply harder.


It's not rocket surgery, you just have to want it more.

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 12:59 pm
by amber_fluid
wenchbarwer wrote:
Booney wrote:
wenchbarwer wrote:
woodublieve12 wrote:Good luck getting that when you apply with 50-100 applicants...


But it's easy, you just go and apply. That's what I did when I was renting


If it doesn't happen then apply harder.


It's not rocket surgery, you just have to want it more.


That’s the spirit!
Spread the word

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 1:00 pm
by amber_fluid
woodublieve12 wrote:
Brodlach wrote:
Wedgie wrote:
Booney wrote:Driving home along Crittenden Road yesterday and a unit is up for rent, I stopped on the opposite side of the road and counted 16 people lined up to inspect it.

https://www.domain.com.au/1-68-crittend ... 3-16817498

$510 / week.

Geez, what a rip-off.
We pay $500pw for a nice 3 bed room house in a quiet leafy suburb near the Torrens 10 mins from town. Mind you it was $400pw when we moved in 8 years ago.

PS I take it back, that unit is less than a block away from Shapeshifter! :lol:


Three bedroom, two bathroom and near new. $250 per person a week (3 sharing) covers all bills also except food.


Good luck getting that when you apply with 50-100 applicants...


Bit like a job interview eh?
Be the best and they can’t ignore you

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 1:02 pm
by Booney
How does one be the "best" rental applicant? :lol:

Bring peanut butter sandwiches?

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 1:03 pm
by wenchbarwer
amber_fluid wrote:That’s the spirit!
Spread the word


Spreading it like homebrand peanut butter on cheap white bread!!

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 1:03 pm
by Brodlach
wenchbarwer wrote:
amber_fluid wrote:That’s the spirit!
Spread the word


Spreading it like homebrand peanut butter on cheap white bread!!

Delicious

Re: Things that make you sad.

PostPosted: Wed Jan 17, 2024 1:04 pm
by wenchbarwer
Booney wrote:How does one be the "best" rental applicant? :lol:

Bring peanut butter sandwiches?


Didn't we just talk about wanting it more?