![]() |
|
Welcome to the Australian Ford Forums forum. You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated. |
|
The Bar For non Automotive Related Chat |
![]() |
|
Thread Tools | Display Modes |
![]() |
#121 | ||
the average bloke
Join Date: Aug 2005
Location: sydney
Posts: 115
|
Well as a bloke that moved from applied economics as a bachelor degree to swap it for being a tradie can I say ,with due humility, please have a look at http://www.treasury.gov.au/Publicati...nuation-System. That number of 1.5 trillion as of now, is the real reason we're not in the same state as the U.S. that figure can only rise (over time) because of compound interest.
A little known fact is in cases of severe financial stress a person can ask for emergence access to their super to support their home . This is just one example of why RE didn't tank in the GFC. Another is how transparent our financial structures are the floating dollar being one the greatest single reforms in our lifetime. Have a look at where and how the "little" Aussie is ranked http://www.investopedia.com/articles...es-to-know.asp. there are plety more but it's cutting into my beer time (1 reason I left economics) ![]() Yes the day to day life we lead is hard, perhaps even sux sometimes.... but could we all take a deep breath and accept, although there will be challenges that could do some of us in financially, for the majority, can we http://www.youtube.com/watch?v=Oo4OnQpwjkc&noredirect=1... I'll also point out he did himself in because he was dumb. ![]() |
||
![]() |
![]() ![]() |
2 users like this post: |
![]() |
#122 | |||
FF.Com.Au Hardcore
Join Date: May 2006
Location: Sydney
Posts: 1,868
|
Quote:
__________________
Chevy badges , the Polariser of the new millenia . Last edited by wrongwaynorris; 19-11-2013 at 06:37 PM. |
|||
![]() |
![]() ![]() |
![]() |
#123 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Quote:
Just like the U.S there were also 'NINJA' loans approved by some aussie banks in 08/09 because they were so desperate for the business..... Now they're just lowering the interest rates everymonth trying to suck first home buyers in and keep the economy going.....Well check this banks the FHB's have had enough! http://www.abc.net.au/news/2013-11-1...rd-low/5083764 U.S has had 0.00 interest rates for five years and their economy is still very poor...... Australia will closely follow this situation over the next 5-10yrs also! Last edited by GASWAGON; 19-11-2013 at 07:09 PM. |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#124 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne
Posts: 691
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#125 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne
Posts: 691
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#126 | |||
FF.Com.Au Hardcore
Join Date: May 2006
Location: Sydney
Posts: 1,868
|
Quote:
__________________
Chevy badges , the Polariser of the new millenia . |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#127 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne
Posts: 691
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#128 | |||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
|
Quote:
Seriously, how much more wrong does somebody have to be before they admit defeat? |
|||
![]() |
![]() ![]() |
![]() |
#129 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Quote:
Take note of the last 120 years..... then the last 10! ![]() http://www.propertyobserver.com.au/t.../2013051361302 Last edited by GASWAGON; 19-11-2013 at 07:35 PM. |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#130 | |||
FF.Com.Au Hardcore
Join Date: May 2006
Location: Sydney
Posts: 1,868
|
Quote:
__________________
Chevy badges , the Polariser of the new millenia . |
|||
![]() |
![]() ![]() |
![]() |
#131 | ||||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
|
Quote:
Quote:
|
||||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#132 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
|
And if he doesn't buy a house of his own (and pay it off till he is 65) how long will he be paying rent for?
|
||
![]() |
![]() ![]() |
2 users like this post: |
![]() |
#133 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
|
||
![]() |
![]() ![]() |
![]() |
#134 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
|
I'd love to see some of the evidence that may exist to show that the fundamentals to support (and enhance) housing prices are real and solid... oh wait, it doesn't exist!
|
||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#135 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
|
|
||
![]() |
![]() ![]() |
![]() |
#136 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
|
|
||
![]() |
![]() ![]() |
![]() |
#137 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Quote:
![]() |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#138 | ||
Regular Member
Join Date: Feb 2013
Location: ballarat, vic
Posts: 227
|
|
||
![]() |
![]() ![]() |
6 users like this post: |
![]() |
#139 | |||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
|
Quote:
--- trying to highlight the oddly flawed argument that he would be paying off a mortgage for 25 years....whereas he would be paying (ever increasing) rent until the day he dies. |
|||
![]() |
![]() ![]() |
![]() |
#140 | |||
Rob
Join Date: Sep 2006
Location: Woodcroft S.A.
Posts: 21,557
|
Quote:
it isn't that difficult to do if you accept what you can and can't afford. i would love to have a big flash house, fancy car, pool, etc etc, but you have to be realistic and live within your means. also, when i first started in my industry 20years ago, qualified printers were making 60-70k per year incl, overtime etc. today, that is still pretty much the level of pay. it has gone nowhere. my pay has gone up maybe $40/week in over 10 years. sometimes you just have to get on with life. |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#141 | ||
Regular Member
Join Date: Feb 2013
Location: ballarat, vic
Posts: 227
|
Spot on. Would have bought earlier, but lived in Melbourne until 3 years ago.. Never could have bought down there in the same conditions, it took a move to Ballarat to make it possible.
|
||
![]() |
![]() ![]() |
![]() |
#142 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Quote:
![]() |
|||
![]() |
![]() ![]() |
![]() |
#143 | ||
Regular Member
Join Date: Feb 2013
Location: ballarat, vic
Posts: 227
|
Don't know, you'd have to do a search. Changes are possible, the writing on the wall just has to be seen & understood. I was in dead end factory work from 17 to 24, then did a mature age apprenticeship in sheetmetal.
|
||
![]() |
![]() ![]() |
![]() |
#144 | |||
Banned
Join Date: Jun 2010
Posts: 2,811
|
Quote:
|
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#145 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Quote:
![]() Imagine being a Ford/Holden employee 5 years ago and taking on one of these massive mortgages people take on these days....WTF are they going to do now???? ![]() Same for the Holden workers in Adelaide? |
|||
![]() |
![]() ![]() |
![]() |
#146 | |||
Now Fordless
Join Date: Aug 2005
Location: Fremantle, WA
Posts: 3,611
|
Quote:
|
|||
![]() |
![]() ![]() |
![]() |
#147 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,252
|
Oh o.k....And what about the poor young mechanic i just did two weeks with at HSV in Melbourne.....He did four year apprenticeship at Kmart Auto and was on 18 per hr qualified.....What a fukin joke....Mechanics trade is screwed!
|
||
![]() |
![]() ![]() |
![]() |
#148 | ||
If it ain't broke........
![]() Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,600
|
Can't you have a discussion without dropping the F Bomb ? Was it really needed ?
__________________
Visitors welcome Relatives by appointment only |
||
![]() |
![]() ![]() |
![]() |
#149 | |||
FORDTORQUE
Join Date: Aug 2013
Location: NSW
Posts: 92
|
Quote:
Sent from my iPhone using Tapatalk |
|||
![]() |
![]() ![]() |
This user likes this post: |
![]() |
#150 | |||
Banned
Join Date: Mar 2006
Posts: 1,223
|
Quote:
![]() Everyone else can see that it is clearly unsustainable and only a matter of time. There is no denying that property has had a good run with luck and circumstances on its side, but with the global economy in dire straits, the luck is running out fast and there will be nothing left to prop up the ponzi scheme. |
|||
![]() |
![]() ![]() |
2 users like this post: |