House prices
One of my pals got the gig "coaching" Elle Macpherson when she was at Raes.
Pretty sure the lesson started early and finished late.
Haha. i think i remember that one FR. Damn i got the short straw there!! Lucky bugger.
seems like an opportune time to drop some pulp.
Ah lovely Bonza. Perfectly apt.
Wouldn't mind a carton for every bloke who has a friend or a friend of a friend who's banged Elle.
A couple down here I know.
Busy girl.
Who was the lucky, lucky fella on SN forums who found a pair Elle Mac's panties in the bathroom of her hotel room......[ when he was working for the housekeeping dept. of course].........Story relayed a couple of years ago......
Almost comparable to finding a lonely perfect 6' A frame peak......brushed with the fem-fresh scent of a strawberry offshore breeze....
Just one of those stories that cannot be forgotten....
I have Hestons jockstrap Megzee!!
*disclaimer, no i definitely don't (feeling shattered about my luck of the draw)
Zen ^ ?
Ahhh yes....I think you are correct fitzroy-21
ZEN.....the lucky, lucky man.....
BD.....glad you dropped in the disclaimer......ownership of that item would be comparable to a blue bottle infested, mid summer 1' nor'easterly desperado slop surf ......with 37 other blokes out...
Really, Zen, haha, I missed this one! And that's so good BD, great story.
Have a look at page 2 of 'Another reason to punch an anti-vaxxer in the head' thread.
Ha ha! I'd forgotten I wrote about that. I give you my word, that's a true story.
haha. Good call Megzee!!
Geez Zen.....sorry to remind you of the burden you carry.......Some of us cannot forget.....
You guys have all the fun. Closest I got was standing in front of the Black Eyed Peas in a hotel lobby and not even registering it was them until I was told later.
Brother of a uni mate worked Olympic security long ago - banged gymnast from some Eastern European country and reckoned it was most strenuous workout of his life.
Haha VJ.
AndyM wrote:“ I’m still playing catch up and long way behind her that’s for sure.”
Dunno if I’m out of line but wouldn’t it be good if as a culture we didn’t have to see this whole thing as a race.
I don’t see it as a race mate. More so about fairness and equality. Unfortunately the courts don’t see it the same way.
They weren’t lying when they said Australia would be part of Asia…
https://www.watoday.com.au/national/nsw/housing-for-hippies-now-for-hips...
There you go.
Basically the future for those at the bottom of the pile will be boarding houses.
Your work space, cooking space and eating space will be shared.
Fuggin Straya!
Anyone got any thoughts on a world population that is encouraged/uninhibited to expand (exponentially by exponentially). Just wondering if this could be part of the problem. For some reason (call me naive) been wondering that all my life funnily enough.
some bloke who doesn't really know anything about anything
https://www.weforum.org/agenda/2018/10/david-attenborough-warns-planet-c...
I've planted this bomb a few times in the past on these forums and have found most crew are unwilling to engage. Too confronting to address what's right in front of us. All good. Take the time to check the world population clock any time of the day as it ticks over,...and you'll quickly realise, this problem is bigger than Thor!!
"Your work space, cooking space and eating space will be shared."
you say that like it's a bad thing andym... you old dinosaur you...
it's all part of the 'shared economy'!!
(which means you can pay rent perpetually without incurring the burden of assetts at all... a win win...)
and, it's to address 'housing affordability'...
“They’re designed in a way that typically attracts young professionals, single people from all walks of life who want to live in a managed community,”
sounds affordable... for professionals... 'from all walks of life'... (isn't that an oxymoron?) ...i wonder where the cleaner lives? ...the stairwell? ...a cat bed out by the bins letterbox combo maybe? ...bunkstyle, with the gardener...
"The new state housing policy also includes regulatory scaffolding for vertical villages, higher density housing for seniors that Mr Stokes said would allow older Australians to “age in place”.
Mr Stokes said “why not” to seniors’ living to be placed on top of or integrated into major shopping centres in inner-city areas, such as Westfield Bondi Junction, adding many retirement villages were in peripheral areas with bushfire concerns and limited transport options.
“Wouldn’t it be better to put them right in the centre of town, where they’ve got access to the services they need, all the great cultural facilities, and to provide an opportunity for commercial spaces that in the post-pandemic might struggle?” he said."
anyone remember the term... 'vertical cruise ships?
sounds a great solution for the oldies to 'age in place'
an in mall funeral parlour perhaps too... with tombies in the car park... economise the whole process, ....a one stop shop... literally...
"“It’ll provide new ways of living that perhaps weren’t thought of even a decade ago.”
sounds great
There's enough room in Australia to give everyone 1/4 of a square kilometre each and yet we cant find land to house everyone properly.
Optimist wrote:There's enough room in Australia to give everyone 1/4 of a square kilometre each and yet we cant find land to house everyone properly.
Such a bullshit statement.
You take your 1/4 square km in the centre of the Simpson Desert and let me know how it works out.
Yes, agreed. Some woud also suggest that if we jumped high enough we could touch the moon. Ive just had an agent ring me today to say he has someone who will pay 3 times what I paid for my house 7 years ago. And again..like Ive said continuim...and then where do I go?
channel-bottom wrote:Optimist wrote:There's enough room in Australia to give everyone 1/4 of a square kilometre each and yet we cant find land to house everyone properly.
Such a bullshit statement.
You take your 1/4 square km in the centre of the Simpson Desert and let me know how it works out.
Ha ha I was thinking the same.
Thinking people would know that was a type of figurative statement.
We have lots of land to make it easier.
But there are some big happy thriving towns in the desert as well and a massive underground aquifer.
Perhaps one day we will pump our sewerage out west along the rail corridors, instead of into the sea and turn the desert green with trees and food..
spookypt wrote:Yes, agreed. Some woud also suggest that if we jumped high enough we could touch the moon. Ive just had an agent ring me today to say he has someone who will pay 3 times what I paid for my house 7 years ago. And again..like Ive said continuim...and then where do I go?
Yep that's the crux of it. Oh wow my house is worth $X amount, that's heaps more than I paid. I'll sell and be left looking to buy a similar house for the same price...I'll just drop many thousands on stamp duty. Only investors benefit from the rising house prices, maybe the odd downsizer.
[quote=Dx3][quote=spookypt]Yes, agreed. Some woud also suggest that if we jumped high enough we could touch the moon. Ive just had an agent ring me today to say he has someone who will pay 3 times what I paid for my house 7 years ago. And again..like Ive said continuim...and then where do I go?[/quote] Yep that's the crux of it. Oh wow my house is worth $X amount, that's heaps more than I paid. I'll sell and be left looking to buy a similar house for the same price...I'll just drop many thousands on stamp duty. Only investors benefit from the rising house prices, maybe the odd downsizer.[/quote]
What?
Anyone selling for a couple million in the city and buying for a million in the regions benefits.
Future utopian paradise for the working poor....
The masses may not all become surfers as Elo hopes but they may well end up as serfs.
"They want you to own nothing and be happy".
https://www.zerohedge.com/geopolitical/whats-really-behind-war-home-owne...
[quote=channel-bottom
"Such a bullshit statement.
You take your 1/4 square km in the centre of the Simpson Desert and let me know how it works out."
1. Views of Bungarras are exceptional in the desert
2. Put them on Instagram
3. Profit as they go viral and you become famous
4. Cash it in and move to Byron Bay.
bluediamond wrote:Anyone got any thoughts on a world population that is encouraged/uninhibited to expand (exponentially by exponentially). Just wondering if this could be part of the problem. For some reason (call me naive) been wondering that all my life funnily enough.
Yep, there's an econ guy I rate who measures economies through their population growth and demographics, based on spending patterns readily known to change at different ages. With these, he forecasts growth in regions. (Can't remember name at present)
He points out that overall consumption is pressured down as every developed nation (and China) is seeing their 'baby boom' now ageing and both spending less but requiring more. Basically less babies born that would be, we are seeing 1.1 figures (2.1 is replacement) in places like Italy and US.
Where he sees great population growth is where people don't have a developed consumption based economy. iirc there are a further billion people to be born in Africa in the next 20-30 years based on current projections! The middle east is also very young; their 'baby boom' is currently under 20.
frog wrote:Future utopian paradise for the working poor....
The masses may not all become surfers as Elo hopes but they may well end up as serfs.
"They want you to own nothing and be happy".
https://www.zerohedge.com/geopolitical/whats-really-behind-war-home-owne...
Serf's up dude!
By gosh that's depressing.
What are things like in Japan, Zen? Affordable housing anywhere near a beach?
Had a read at the Off Guardian source of that above link, some perceptive comments.
"By gosh that's depressing."
assuming you are talking about the zh article...
what's more depressing, is the supposed good guys at the atlantic, vox, and co. are in on it, doing the softening up and propaganda for wall street...
predatory capitalism at it's best...
acab
I was going to write about that VJ but can only offer a personal perspective.
A lot of people have an opinion about Japan as to how insular they are, anti immigration, ageing population, massive debt, zero inflation and so on but when I read about home and just how crazy real estate and the cost of living , unless I win lotto or something, I don't think I will ever be able to come back to Australia and have the same standard of living as I have here.
If I get time, I'll pick it up from here tomorrow because I want you to know the contrast between the Australian mind-set and the Japanese one.
Since the real estate bubble burst, taking down the economy with it in the '90s, there has been virtually no inflation / growth in the Japanese economy. A can of coke cost 100 yen at a vending machine when I arrived in '93. It now costs 120~130 yen. Housing costs and wages have decreased during that time.
sypkan wrote:"By gosh that's depressing."
assuming you are talking about the zh article...
what's more depressing, is the supposed good guys at the atlantic, vox, and co. are in on it, doing the softening up and propaganda for wall street...
predatory capitalism at it's best...
acab
I was looking into pest control for a work related job and read how a European firm is marching across the USA with a systemised technology based pest control management system buying up all these regional players that had grown from small business over decades to be major players in their state or region. It is a far faster growth method than organic growth.
There is a similar race going on across many industry sectors to stake a claim to dominance enabled by technology on a world scale in ways that were impractical years ago.
Predatory capitalism (often dressed up as sort of groovy sounding "the gig economy" or the "sharing!!!!??? economy" (share the scraps) is now on steroids driven by the view that now is THE time to set up long term world wide monopolies and develop such sophisticated systems that the barriers to entry keep out other players are massive. Uber, FB, Goggle, AirB&Pee etc. The little small operators will be left with scraps or bought out if they grow a bit.
I suspect some of their business models are deeply flawed but many have a very long game in mind - Amazon made losses for such a long time but deep pockets kept it going. Lords and serfs all over again.
What a wonderful world... Surfing is such a nice distraction from it all.
freeride76 wrote:
Dx3 wrote:spookypt wrote:Yes, agreed. Some woud also suggest that if we jumped high enough we could touch the moon. Ive just had an agent ring me today to say he has someone who will pay 3 times what I paid for my house 7 years ago. And again..like Ive said continuim...and then where do I go?
Yep that's the crux of it. Oh wow my house is worth $X amount, that's heaps more than I paid. I'll sell and be left looking to buy a similar house for the same price...I'll just drop many thousands on stamp duty. Only investors benefit from the rising house prices, maybe the odd downsizer.
What?
Anyone selling for a couple million in the city and buying for a million in the regions benefits.
Um yep...that's covered under downsizer..or tree changer..see changer etc etc And while the dudes selling for a couple million in the city and buying for a million in the region may benefit he/she personally, the region itself may not. The Sunny Coast for example with Sydney and Melbourne people buying every scrap that moves the existing people in the region arent the winners at all. I'd say that plays out in more places than just here. Ran into a bloke the other day at the kids park that was driving around with his Vic plates off his car (newbie local) as he was sick of being told to F off back home. I thought it..but I didnt say it LOL.
VJ, regarding your question last night, Arcadia is spot on regarding inflation, wages and growth. I wouldn't exactly say wages have decreased but wage growth has been very slow compared to many other countries. Also, the price of a house and rents have pretty much levelled off after free falling for the last couple of decades or so. You have to remember the 80's bubble where housing and property was massively over-valued and people were paying ridiculous amounts per square metre, so now I would say, a house and land are back to affordable levels for the majority of the Japanese and a mortgage can be sustained quite easily on a single income salary.
I can't comment on Tokyo but up where I live (Hitachi city) we have all the services we need. A house and land in a nice area will run you about $250-$300k brand new. Japanese tend to build new houses and tear down the old ones. Usually the cost of the demolition is included in the price. Japanese houses have a lifespan of about 30-40 years. Japanese women all seem to want the new house, new car and devote every waking minute making sure their one to two children max can get into a good high school and then further intro a decent university.
Anyhoo, getting off track- there is little to no growth in real estate here in Japan and it's true, you can get places for free if you're prepared to pay the outstanding tax or you will even be paid by the local municipality if you move to their area and commit to stay. I know of a couple of areas in Hokkaido that advertise nationwide that are doing that. For the average Japanese person, being risk averse as they are, few people have real estate investments or second homes, some richer people might have what's called a 'Besso' which they use as weekend and holiday getaways, but they're the exception to the rule. I'm trying to convince my wife to buy a place up in the ski area of Fukushima, it's a hard sell ha ha! Most Japanese are happy to have their little 250 sqm plot, take their annual holiday and live life as they do.
As for me, I'm a little different, I bought a very large place on 900 sqm and live and run my business out of that. I have a view of the ocean and forest and hiking trails behind me. I'm 10 minutes away in either direction from decent surf. I'm only a few minutes from the centre of town. We bought well. Most of my money is tied up in shares but my retirement plan is to level this place and put townhouses here as we're so well positioned being close to the hospital, schools, supermarkets etc. I plan on taking a passive income from that and living off my meagre pension and investments. I won't be loaded but should be ok in retirement. Probs move up to the mountains and live in previously mentioned Besso when I'm too old to surf.
Sadly, I have a feeling I will never afford to be able to come back to Oz to retire. That's the sad reality. I worry about the next generation of Aussie kids and just how they're going to be able to get a foot in the door. Something needs to change.
So, we aren't going anywhere in a hurry so if you see yourself over here one day, drop me a line.
Thanks for that Zen
Thanks for the insight Zen
Hey guys, what I was trying to say in my long winded way is that low inflation, stable wages, slow growth, tightly controlled immigration etc is not necessarily a bad thing in my opinion. I don't really think people need more than one house and being able to afford that one house and still have a decent quality of life is all that you really need.
Tbh, it kinda scares me when you see these million dollar prices for essentially a 3 bedder, one bathroom in the burbs back home. How on earth are younger people going to pay off these massive debts without making huge sacrifices that compromise their standard of living? Reading about these people that have 20 houses, leveraged to the eyeballs, kinda sickens me really.
I'll think we'll start seeing more of this:
https://www.echo.net.au/2021/08/push-to-create-transitional-accommodatio...
Essentially, council land being used for semi-permanent refugee camps for people who can't afford to put a roof over their head.
Dx3 wrote:spookypt wrote:Yes, agreed. Some woud also suggest that if we jumped high enough we could touch the moon. Ive just had an agent ring me today to say he has someone who will pay 3 times what I paid for my house 7 years ago. And again..like Ive said continuim...and then where do I go?
Yep that's the crux of it. Oh wow my house is worth $X amount, that's heaps more than I paid. I'll sell and be left looking to buy a similar house for the same price...I'll just drop many thousands on stamp duty. Only investors benefit from the rising house prices, maybe the odd downsizer.
Dx3 you need to think outside the box. You should be doing what everyone else is doing. Go an buy yourself a big arse BMW X5 (or if older than 80 a Jaguar F-Pace) on the newly acquired equity in your real estate. That sucker will only cost you a few pennies a week over 30 years and you'll look the part like all the other ponces out there.
freeride76 wrote:I'll think we'll start seeing more of this:
https://www.echo.net.au/2021/08/push-to-create-transitional-accommodatio...
Essentially, council land being used for semi-permanent refugee camps for people who can't afford to put a roof over their head.
And then it’ll be privatised with the government contract and subsidy tap left wide open. Then they’ll pop up all over the country and the owners will all drive luxury cars whilst the tenants will become multi generational and a reliable feeder for our privatised prison system.
It’s the Australian way, cobber!
zenagain wrote:Hey guys, what I was trying to say in my long winded way is that low inflation, stable wages, slow growth, tightly controlled immigration etc is not necessarily a bad thing in my opinion. I don't really think people need more than one house and being able to afford that one house and still have a decent quality of life is all that you really need.
Tbh, it kinda scares me when you see these million dollar prices for essentially a 3 bedder, one bathroom in the burbs back home. How on earth are younger people going to pay off these massive debts without making huge sacrifices that compromise their standard of living? Reading about these people that have 20 houses, leveraged to the eyeballs, kinda sickens me really.
Zen. Sorry to be a pessimist but the younger population have no hope. My daughter in her early twenties is earning roughly $20k a year more than I was in 1991 at the same age. In 1991 we bought a house in Ascot Vale in Melbourne for $110k. That house is now probably worth about $ 2 million.
Check Mate!!!
Yes, but it's worth keeping in mind that, despite the madness, houses are stupidly expensive, but money is cheap. Meaning of course you need to watch it if you buy at peak price and lowest interest rate*, but houses are not less affordably than in the 90s when interest rates were 15%.
A massive hurdle, though, is getting the bloody deposit together.
*If you're stretched from the get-go and interest rates go up, you'll always be fcuked - no matter what the market is doing.
House prices - going to go up , down or sideways ?
Opinions and anecdotal stories if you could.
Cheers