The Haves and the Have Nots

Yeah but those "some people" don't seem to last too long. Or they change handles and come back to troll...

PC is actually the most welcoming, encouraging forum I've ever come across.

 

What would be the top 10,5 and 1pc?

 

Want to be friends!?
Pity about the other side of the country thing though.
NONE of my friends are into property and it drives me crazy bottling up. Best get my butt down to a Brissie meet up and make some like minded friends.

 

I'm lucky because I'm able to freely talk about property with my work friends.

 

I hate talking shop with my colleagues - oh! That's right. I work in the field

 

not sure how senior you are, but this is not a good thing to do as it creates jealousy / sets you back for promotions / people gossip about you etc...

i found out the hard way in my previous bank when my boss (MD level at bank) asked where I live and how much I pay for rent, to which I replied I don't rent as I bought "when it was cheap" .. anyway he kept pressing me and in the end he said "wow you probably made about HKD $6mill (AUD $1m) in capital gain the past few years!" anyway - I didn't get a good bonus that year and I found he told other colleagues about where I lived and bought too

fyi I work in HK where every single one of my colleagues rent (or the under 35 singles live with parents still!)

in my new shop i keep things hush hush and if people ask about property I just mention I rent in a tiny shoebox far away from CBD - I rather have people feel "on level" for me than stir jealousy as I keep work and personal activtiies outside work separate from them.

 

... and I am still humble .

 

Something like this I imagine...

Household Income
Top 1% - Beano

Household Wealth
Top 1% - Beano

 

I was thinking 5 , 10 and 15 but either would be good!!!

 

I think depends on where you work - I tend to find this to be less of an issue in Australia and bigger companies. People has their own life and couldn't give time to think about what to give for your bonus based on no of property you have (and that there's a set performance review process in place)

 

I think the green eyed monster is definitely found in this country.

 

Your boss was a douche.

 

I don't think so, tall poppy is prominent eveywhere (if not, worse in Aus culture). He was a Kiwi expat who had relocated his whole family here for a few years only and it was one of the largest investment banks (not some small shop).

sure was

one thing you have to realise is in most developed cities post GFC, those who were brave (or smart) enough to buy have had the biggest bull run in history.

property ownership is becoming a much more sensitive topic in recent times, lots of people have been priced out "waiting for a crash" and I'd rather not shove my 'wisdom/knowledge sharing' out in an open office environment, especially if you're in sydney

anyway just thought i'd share my 2c

 

Well, I guess I have been quite lucky or maybe I have not made enough money...

 

CG
Bottom 1%

 

Can you share a bit more of his story?

 

Yep, best not to talk property in the office. Have worked with a few people. One is now a manager, probably gets $160k in banking. Could have bought in 2008 when we met. Still has nothing, and is waiting for the 60% Sydney crash to come. I did have to say, Sydney is not like some outback mining town.

You make your luck, and become a Have or Have Not by a series of life decisions.

 

Nah.... probably 70% crash

 

Saw in a real estate company a poster of a old old man ...heading said this was a young man waiting for the property market crash

 

Ditto. We bought a house in North Epping under 700k in 2008. I chatted with my colleague renting a home in Lane Cove (houses there were around 900k at the time). They were double professional income with 3 kids. No money to buy. He said they'll save when he gets a promotion... now everything has doubled or better since. If they even only just bought a 400k home in the Parramatta area at the time they would have been laughing now.