Re: Tough Times Ahead
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I just bought a house, I probably shouldn't of read this thread lol.
People are paying stupid prices for houses cause everyone want's a Mc Mansion 2 minutes from the city. You can still buy a nice new 4 2 2 for under 400 in Melbourne you just have to sit in traffic for a couple hours every day if you work 9-5. The difference between my rent and mortgage (better house same suburb) is $50 extra a week.
I don't think staying out of the market is wise at the moment, just be a bit more realistic with what you can afford if **** does hit the fan.
That cosco things pretty low but, that shouldn't be allowed/tolerated.
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