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Leroy

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When I was 15
Dec 12^th, 2025 at 6:08pm

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high
---------------------------------------------------------
When I was 30

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

------------------------------------------------------------

When I was 45

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

-------------------------------------------------------

When I was 60

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

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greggerypeccary Gold Member Offline Australian Politics Posts: 150979 Gender:	Re: When I was 15 Reply #1 - Dec 12^th, 2025 at 6:44pm "When I was 15" You should have learnt the difference between 'to' and 'too'.
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Leroy Gold Member Offline Australian Politics Posts: 4656 Gender:	Re: When I was 15 Reply #2 - Dec 12^th, 2025 at 7:20pm greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm: "When I was 15" You should have learnt the difference between 'to' and 'too'. Possibly, but learning about compounding interest served me better.
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Carl D Gold Member Offline Australian Politics Posts: 10742 Rivervale, Perth Gender:	Re: When I was 15 Reply #3 - Dec 12^th, 2025 at 7:21pm greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm: "When I was 15" You should have learnt the difference between 'to' and 'too'. He's a Trump supporter. Need I say more?
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Dnarever

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Re: When I was 15
Reply #4 - Dec 12^th, 2025 at 7:30pm

Leroy wrote on Dec 12^th, 2025 at 6:08pm:

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high
---------------------------------------------------------
When I was 30

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

------------------------------------------------------------

When I was 45

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

-------------------------------------------------------

When I was 60

The big issues of the day were:

House prices are to high
Wages are to low
Health care is to expensive
Taxes are to high

This may be the first time that you are right.

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Leroy

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Re: When I was 15
Reply #5 - Dec 12^th, 2025 at 7:35pm

Carl D wrote on Dec 12^th, 2025 at 7:21pm:

greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm:

"When I was 15"

You should have learnt the difference between 'to' and 'too'.

He's a Trump supporter. Need I say more?

http://www.ozpolitic.com/album/forum-attachments/aGynqyn_460s-4217544322.jpg

Grin

And too think I was considering inviting you too my birthday party.

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Trump derangement syndrome
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Dnarever

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Re: When I was 15
Reply #6 - Dec 12^th, 2025 at 8:04pm

Leroy wrote on Dec 12^th, 2025 at 7:35pm:

Carl D wrote on Dec 12^th, 2025 at 7:21pm:

greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm:

"When I was 15"

You should have learnt the difference between 'to' and 'too'.

He's a Trump supporter. Need I say more?

http://www.ozpolitic.com/album/forum-attachments/aGynqyn_460s-4217544322.jpg

Grin

And too think I was considering inviting you too my birthday party.

When are you turning 15 ?

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Sir Grappler Truth Teller OAM

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Re: When I was 15
Reply #7 - Dec 12^th, 2025 at 8:39pm

Yes - but I'll say it again...... in the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000.... on about $600 a week.... now the same house would cost you $1.8m - twenty times the late 80's price -and if you are VERY lucky - you might bring in - before tax - $1500 a week...

Now you were saying? When I was fifteen I finished high school - A class and final year - child prodigy you see..... and due to poverty the Army gave me my first good pair of shoes when I joined at just under 17. Unless you were rich or had a solid family - you didn't go to uni then...

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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greggerypeccary Gold Member Offline Australian Politics Posts: 150979 Gender:	Re: When I was 15 Reply #8 - Dec 12^th, 2025 at 8:42pm Leroy wrote on Dec 12^th, 2025 at 7:20pm: greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm: "When I was 15" You should have learnt the difference between 'to' and 'too'. Possibly, but learning about compounding interest served me better. I'm sure you were pounding something at 15.
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Leroy

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Re: When I was 15
Reply #9 - Dec 12^th, 2025 at 8:53pm

Sir Grappler Truth Teller OAM wrote on Dec 12^th, 2025 at 8:39pm:

Yes - but I'll say it again...... in the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000.... on about $600 a week.... now the same house would cost you $1.8m - twenty times the late 80's price -and if you are VERY lucky - you might bring in - before tax - $1500 a week...

Now you were saying? When I was fifteen I finished high school - A class and final year - child prodigy you see..... and due to poverty the Army gave me my first good pair of shoes when I joined at just under 17. Unless you were rich or had a solid family - you didn't go to uni then...

Building at the moment, $45,000 will just pay for the driveway. No stormwater is allowed to leave the property, I also had to have an inspection and report on bushfire risks carried out, the house is in the middle of a 50 yr old suburb with the closest bush about 10 kms away.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

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Dnarever

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Re: When I was 15
Reply #10 - Dec 12^th, 2025 at 8:55pm

Sir Grappler Truth Teller OAM wrote on Dec 12^th, 2025 at 8:39pm:

Yes - but I'll say it again...... in the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000.... on about $600 a week.... now the same house would cost you $1.8m - twenty times the late 80's price -and if you are VERY lucky - you might bring in - before tax - $1500 a week...

Now you were saying? When I was fifteen I finished high school - A class and final year - child prodigy you see..... and due to poverty the Army gave me my first good pair of shoes when I joined at just under 17. Unless you were rich or had a solid family - you didn't go to uni then...

Quote:

the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000..

In the early 80's I monitored a conversation where a guy was talking about buying a place at Glebe for $80K. Around the same time I bought a place in the west of sydney for $73K. $45 at Marrickville doesn't sound realistic at that time, maybe 15 years earlier unless it was falling down.

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Leroy

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Re: When I was 15
Reply #11 - Dec 12^th, 2025 at 8:55pm

greggerypeccary wrote on Dec 12^th, 2025 at 8:42pm:

Leroy wrote on Dec 12^th, 2025 at 7:20pm:

greggerypeccary wrote on Dec 12^th, 2025 at 6:44pm:

"When I was 15"

You should have learnt the difference between 'to' and 'too'.

Possibly, but learning about compounding interest served me better.

I'm sure you were pounding something at 15.

You have me mixed up with someone else greg, I have never met you.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

Lets check in at 5pm on 23rd July 2025 then at 5pm on 30th July

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Leroy

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Re: When I was 15
Reply #12 - Dec 12^th, 2025 at 8:57pm

Dnarever wrote on Dec 12^th, 2025 at 8:55pm:

Sir Grappler Truth Teller OAM wrote on Dec 12^th, 2025 at 8:39pm:

Yes - but I'll say it again...... in the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000.... on about $600 a week.... now the same house would cost you $1.8m - twenty times the late 80's price -and if you are VERY lucky - you might bring in - before tax - $1500 a week...

Now you were saying? When I was fifteen I finished high school - A class and final year - child prodigy you see..... and due to poverty the Army gave me my first good pair of shoes when I joined at just under 17. Unless you were rich or had a solid family - you didn't go to uni then...

Quote:

the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000..

In the early 80's I monitored a conversation where a guy was talking about buying a place at Glebe for $80K. Around the same time I bought a place in the west of sydney for $73K. $45 at Marrickville doesn't sound realistic at that time, maybe 15 years earlier unless it was falling down.

Basic wage in 1985 was $153wk.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

Lets check in at 5pm on 23rd July 2025 then at 5pm on 30th July

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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14702 Colorado Gender:	Re: When I was 15 Reply #13 - Dec 13^th, 2025 at 1:12am Leroy wrote on Dec 12^th, 2025 at 8:57pm: Basic wage in 1985 was $153wk. What is that in today's Rubles, Peeroy?
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mothra Gold Member Offline Australian Politics Posts: 36389 Gender:	Re: When I was 15 Reply #14 - Dec 13^th, 2025 at 7:23am So profound. Tears.
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Sir Grappler Truth Teller OAM

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Re: When I was 15
Reply #15 - Dec 13^th, 2025 at 12:59pm

Dnarever wrote on Dec 12^th, 2025 at 8:55pm:

Sir Grappler Truth Teller OAM wrote on Dec 12^th, 2025 at 8:39pm:

Yes - but I'll say it again...... in the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000.... on about $600 a week.... now the same house would cost you $1.8m - twenty times the late 80's price -and if you are VERY lucky - you might bring in - before tax - $1500 a week...

Now you were saying? When I was fifteen I finished high school - A class and final year - child prodigy you see..... and due to poverty the Army gave me my first good pair of shoes when I joined at just under 17. Unless you were rich or had a solid family - you didn't go to uni then...

Quote:

the lat 1980's a bloke where I worked bought a house in Marrickville for $45,000..

In the early 80's I monitored a conversation where a guy was talking about buying a place at Glebe for $80K. Around the same time I bought a place in the west of sydney for $73K. $45 at Marrickville doesn't sound realistic at that time, maybe 15 years earlier unless it was falling down.

Late 80's was about the time of the start of the mad rise... I bought in Canada Bay for $185k in 1991.... I'd only need to be within a couple of years for that to escalate from around $80-$100k. The gold rush began in the late 1980's primarily due to the MADIF and guess what - immigration policies alongside government policy of 'investment housing' .... and hasn't stopped yet.

Even if we accept your figures - incomes have only gone up 3+ times while housing costs have gone up at least 10-15 times...

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Sophia Gold Member Offline Posts: 9511	Re: When I was 15 Reply #16 - Dec 13^th, 2025 at 3:52pm The mid 80’s was a mad time when properties boomed double! I had a friend that sold her 3br brick home for $30K and banked it and waited to buy back in. Because of the doubling where similar house went to $60k…. she got left behind and never caught up. Whatever the market is doing, sell/buy in same market.
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Leroy Gold Member Offline Australian Politics Posts: 4656 Gender:	Re: When I was 15 Reply #17 - Dec 13^th, 2025 at 5:21pm I worked in real estate in the late eighties and on the wall in the office was a photo of an old man, underneath it said "photo of a young man waiting for the price of real estate to drop". I found a reference to it on facebook. https://www.facebook.com/share/v/1A7Q44kaBe/
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Sophia

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Re: When I was 15
Reply #18 - Dec 14^th, 2025 at 9:52am

Leroy wrote on Dec 13^th, 2025 at 5:21pm:

I worked in real estate in the late eighties and on the wall in the office was a photo of an old man, underneath it said "photo of a young man waiting for the price of real estate to drop".

I found a reference to it on facebook.
https://www.facebook.com/share/v/1A7Q44kaBe/

Yes I remember that pic.

We were in real estate too… buying, renovating, renting, then fixing/cleaning up again after tenants move on…then renting again… etc etc until we decided to sell to pay off and lower investment loan amount. We knew a lot of RE agents. But I had a formula that worked out at the time and friends asked how, I taught them and then they went on to invest.
Sigh… those were the days. When we could borrow a lot and buy to our hearts content.
Now times are so different.
Hubby and I often say, lucky we did what we did at the time because we can’t borrow much anymore now.
This, is what risk and opportunity is about.

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If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

Milton Friedman

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Jasin Gold Member Offline Posts: 56074 Gender:	Re: When I was 15 Reply #19 - Dec 18^th, 2025 at 11:39am mothra wrote on Dec 13^th, 2025 at 7:23am: So profound. Tears. Like Sprintcyclists posts, like Barefoot Shoes
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