Townhouses are the new houses. https://www.abc.net.au/news/2021-09-01/qld-property-prices-soar-driven-by-interstate-buyers/100420608 “Town...
True inflation (not CPI) has probably averaged in the 5-10% range for the past few years. The last 12 months and inflation has likely been around...
Wealthy boomers and GenX stacked up cheap properties through loose lending. Saddled the country with debt. Younger generations priced out...
The old saying in the stockmarket is ‘never mistake brains for a bull market’ Increase in money supply (8% yoy) + low interest rates + front...
Yes. I agree. To be a success one has to seek and take opportunities. I’ve not written anything to the contrary. However there are some here who...
Sorry but that’s complete nonsense. The economy cannot allow everybody to be a success. There’s not an endless amount of work! In your utopian...
I am older. I speak to many youngsters. I tell them that conditions will increasingly become tougher. I don’t feed them wishy washy garbage about...
Anecdotal stories are worthless when extrapolating it to an entire population. But hey while we’re coming out with stories…. I’d like you to...
I’m seeing anecdotal success stories here to support a viewpoint. The conformation bias is strong but expected on a property investment forum....
But I’m FAR from broke. Thanks for the advice though :D
Thanks for all the thoughts on this thread. I don’t agree with much of them but I still appreciate the discussion.
No I’m gen X!!! I wish I was as youngs as you. I have been relatively successful and have worked hard. BUT I’ve also had humbling experiences...
Maybe I’m out of touch and need to read ‘The Secret’:p
I just googled this and will read it later. Looks interesting. The Role of Luck in Life Success Is Far Greater Than We Realized
All my opinion but Sorry that is flawed logic. If all it took was “wanting it and hard work”, then if all Australians wanted it, all Australians...
Property investors here have made money through leverage. Property isn’t really much of an investment without. Leverage isn’t available for the...
Can’t be bothered to quote all of the replies here but I’m pretty sure that if you were all school leavers today you wouldn’t have it nearly as easy.
i don’t think this is the case anymore. With the increasing disconnect between wage growth and property price growth, loans are not sufficient for...
No offence (and not saying you haven’t worked hard) but most wealth that you’ve accrued has been likely due to monetary policy. Had you worked...
Mate. It’s not rocket science. It’s not even primary school science.
Separate names with a comma.
