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Captain Caveman wrote on May 15^th, 2019 at 3:55pm:


I too was nearly 30 when I purchased my home.
I was the only one working, and with 2 children and a wife to support, money was tight.
Saving a deposited required me working two additional jobs and at the time I was also in pert time university ( with associated expenses)

Them was hard years.
I only really saw my wife and kids on Sunday afternoon, after working all night on one of my jobs.

But now, I have a beautiful 4 bedroom home, huge garage, carport and many toys.

The problem with some people is they want everything and don't want to work for it
We made do with a old house and I have spent years getting it to where I want it.
We made do with used cars, and I repaired them myself using parts from wreckers
We were very frugal and didn't go out much, even then it was to cheap places.

Our first holiday was camping at Sandbar, and I remember thinking that $25.00 to put up a tent was exorbitant.
That was after nearly 10 years of marriage.
I worked over all my holidays as a contractor to get extra cash.

The grubberment was very helpful.....NOT.
they hit me hard for every cent they could grab.
They charge you the top tax rate for every cent on second or third jobs.

And 18% interest rates nearly cost me my home, thanks again grubberment.

But we now own everything
We owe no one anything, except a small loan for my new 4x4.
And I can pay that with cash I have in the bank if necessary.
But I like to keep a cunning kick just in case.

John Smith wrote on May 15^th, 2019 at 4:35pm:


But home ownership, in reality, is just not an option for many people ... and those ranks are swelling.

We need to accept that our rental market is going to be a huge part of our future make-up and adapt. Rather quickly too.

John Smith wrote on May 15^th, 2019 at 4:46pm:



Even if you could find a property for $100k that will appreciate, there is no lending institution that will do business with someone on the DSP. Or any other benefit, for that matter.

And there is no way a deposit can be saved by people who are living several days a fortnight without any money at all.

John Smith wrote on May 15^th, 2019 at 4:46pm:


EXACTLY! Buy a unit, then upgrade as you earn more. Even owning your own 1 BR unit outright when you get old is far better than still having to rent! 

Kids want it ALL and want it NOW!

Captain Caveman wrote on May 15^th, 2019 at 3:55pm:


Some even have body corporate! I have a friend that bought a house (about 500000) in a new estate and has to pay body corporate. Ridiculous..

Spot

Sir Spot of Borg wrote on May 15^th, 2019 at 5:19pm:


I'd say then that he doesn't pay local govt. rates?

Sir Spot of Borg wrote on May 15^th, 2019 at 5:19pm:



Body corporate provides a service. It covers costs of building insurance, maintaining lifts, pool, gym, spa's, onsite managers, in some cases a library, roofs etc.

In the end, it's usually not much different to what you would have paid if you had your own house with the same services.

Gnads wrote on May 15^th, 2019 at 5:25pm:


no, you still pay council rates .... however the body corp. covers the building insurance. Contents insurance is still your problem.

Sir Spot of Borg wrote on May 15^th, 2019 at 5:19pm:



WHATTTT?
How does that work? Duplex?

Captain Caveman wrote on May 15^th, 2019 at 6:27pm:


Typically it's 4 or more properties under one roof or title. Less than that and they can elect to just split shared costs for common area expenses equally. At least that's how it works in Queensland.  The most common types are high rise apartment living or gated communities.

Captain Caveman wrote on May 15^th, 2019 at 7:46pm:



if you were part of a body corp scheme, you'd still get that on your rates notice.

Councils make a killing with body corps. The last one I lived in (sold out last year) was 50 town houses in a space where they would have normally had about 20 normal houses. The rates were the same as a house, except this time they were charging 50 households instead of the 20. Same again for sewerage and waste on the water bills. It's not like they had to lay extra sewerage pipes on the road, any extras in the complex was paid for by the developer 

for councils it's almost as good as printing money

By right - I should have gone for owning a Suburban Slumland House like a sheep, when I was 20 back in Shang-Hai Sydney.
Worked some 'job' for a Company (which is much like Renting, if you can't run your own business, which is much like owning a home.  ) for the rest of my life. Maybe get a few promotions because someone died. Maybe change jobs a few times to feel like I was progressing...

But I didn't.

Instead, I've lived in over 27 places. I've roamed far and wide around half of Australia. I've 'travelled' in life. Some 'jobs' are just the pits and I've managed to move to greener pastures without having to commute far to get to a new batch of jobs.
I've lived in some crapholes. I've lived just down the road from the Lodge. I've lived on the street. I've lived in the bush. I've lived in Boarding Houses with the Lost Boys.

But in all, I've felt the wonder of being 'Free' - not chained down like a Convict to his Cell.

Now that I'm older and currently 'house sitting' a Bush mansion with a Rolls Royce in the garage and enjoying all the mods. I do feel the need to make the world 'move around me' soon.
I know of many who live in RV's and Caravans and run their own business from Computers as they travel around the country. But even then, Australia has become a place where there is nothing for 'free' in the Lucky Country anymore and they are forced to pay for a patch of grass in a Caravan/Camping Park, as the Police go around forcing a free night's sleep parked somewhere into a CP for $35 avg a night. But Australian Tourism is a bit of a 'racket' - just like the USA Health System. You pay more, for less.

I stay in a CP 'cabin' and its wonderful, the neighbors are nice and things are 'properly' social.

What does the future hold for me? Will the wanderlust under a wandering star still hold sway over me?
Being 'free' is a wonderful feeling. The best things in life are 'free'.

But I'm an 'old soul', always was. I failed the kiddie HSC test. But my Test is up ahead.

I think the one thing that keeps me ahead is what 'Freedom' has made of me.

Even in this nice Bush Mansion. It's enjoyable. But even if I suddenly got given it for 'free' tomorrow - it would never feel like 'home'.
Buying a home is a lesser achievement than Building one's own home.
Working for someone else is like Renting.

So, as I just recline back and listen to some ambient-chill music, here in 'someone else's' house. I think back to what I would be like if I had bought a House in Shang-Hai Sydney back then?

...it doesn't matter. Sydney will be nuked from within anyway - dust to dust. Ali Akhbar!

A feature in the news a while back concerned older women and share-housing

Varied life histories, but all, for one reason or another, found themselves in their 60s and 70s, needing someplace to lay their head

Some shared a house with much younger people while others shared with people closer to their own age

All said they were happy with their arrangement which provided them a sense of family and the all-important security

They had their own room and never felt lonely or afraid.  And the rent was affordable on the age pension

Only drawback, to my mind, would be if the landlord decided to sell, thus breaking up the family-type arrangement they'd come to rely on -- although I guess two or three from the old place could always look for another place to share together

Maybe a charitable organisation could help older people in particular to settle into share-houses, to relieve them of the pressures of managing and paying for what had been the family home

Gordon wrote on May 15^th, 2019 at 9:50pm:


Of course he does.

He behaves himself during the day, and they bring him food and let him walk in the garden for an hour in the afternoons.

kates problem and indeed the national problem is that the most common dwelling now has 1 person in it !!!.

thats just weird!!!

there are SO MANY ADVANTAGES to having more poeple in a house.
granny can look after the kids, the kids can look after granny!!
if you moved grandparents in with kids you would free up a million dwellings i would imagine!!.

suddenly less urban sprawl.

make a bit of that land available as community gardens.

granny and grandpa and the grandkids can go grow some veges on the community garden and munch on a carrot and feel superior to the chodes.
good physical therapy for granny.
the kids are off the social media and start feeling strong and powerful
mum gets home from work and granny and the kids have cooked a nutritous stew instead of some BS pizza from dominoes.
the kids get to learn about dying as granny dies.
granny gets to stay in a house and not shell out 400.000 for some BS nursing home staffed by chodes.

if we just recognised and worked on the primacy of the family unit, all these problems go away.

but the marxists hate the family.

marxists like shorten want kids in day care and away from the family 2 days after they leave the maternity ward 

Gordon wrote on May 15^th, 2019 at 9:50pm:


Yep - I just look after his doggy. Feed, put the fireplace on for her. The person who arranged me to sit his friend's house says that I should ask for $30 a night or something. But nah - the best things in life are 'free' 

I kinda 'regret' not going for a Home Ownership straight away, in a way. But that path in life veered away a long time ago. So I just improve on the path that I now travel.
It's like - being on the street in a City = homeless
But being in a Tent in the Bush = Camping.
I would only pitch a tent to sleep in the bush, as my days were active and busy. Laundromats provided clothes washing/drying and Local Pools provided some apnea laps and shower/shave each day. Didn't need to cook, although I had easy food in the car (tins, biscuits, etc) - I ate out mostly. I only paid $170 a month for Storage.

While living in Melbourne: I lived in a 67' Dodge (Double bed, TV in the back, plus storage) like a Backpacker - but only better. I paid $126 a month for parking in the big Hanger near the Heli-pad on the Yarra while working at the Backpacker Hostel on King St where they paid $17 a night. Those places are gone now - high rise office blocks.

I'm not a fan of city living though. If you don't conform to the 'Termite' living style - it can be tedious getting around.
Boarding Houses are cheap - but hectic.

Outback, I found that many a town or village folk would have empty houses that I could stay in for just a few $$ a week. It's a nice experience as they enjoy a fresh face who isn't a drunk hobo or ice junkie and there were plenty of different jobs going around to break the routine 9 to 5. Was often invited to family dinners, etc. Definitely not a case of 'Wake in Fright'. But there are sacrifices for this sort of living, its not a 'Family' supportive lifestyle - but many do these days in RV's and big Caravans and the kids love it.
Each year, I meet more and more people working from home - their RV's/Campers. It seems an increase lifestyle - no longer for just Grey Nomad retirees.

There was a time I was earning very good money in Sydney - but my living was just 'poor'. Too busy, constant grid-lock travel for hours, no time for anything much else. So I left. tired of working for the 'Economy'.