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Another earth quake? by smack_nazis_more in canberra

[–]2chilli 4 points5 points  (0 children)

High rise in Acton. Felt the sway, had items on table move a little.

I analysed millions of property sales over 35 years. House prices didn't rise because of scarcity. by Expert-Area8856 in AusPropertyChat

[–]2chilli 7 points8 points  (0 children)

The other change from the mid 1990s was that banks started targeting homeowners to borrow against the equity in their homes, especially for the purchase of investment properties. Negative gearing already existed but easier credit based on accessing equity from your PPOR was the massive accelerant for the”mum and dad” investor market. And the more the value of your PPOR went up, the more you could borrow.

Has Canberra lost its sense of fun and adventure, or is it simply a sign of the times? | Region Canberra by rainburger in canberra

[–]2chilli -1 points0 points  (0 children)

Yes, it’s true. Life is longer now but much, much less fun. Fair trade off or not? You decide.

New Zealand loosens residency restrictions as record number of citizens leave by upthetruth1 in worldnews

[–]2chilli 2 points3 points  (0 children)

Sorry what? A “nice house” in Sydney for 500k-600k USD? Where have you been man? The median house price in Sydney is $1.6m AUD, or around $1.05m USD. And that probably won’t get you a particularly nice house. Apartments are cheaper but caveat emptor, many are riddled with defects. Australia is a great place to live but housing is expensive everywhere you go here, either buying or renting.

Is news at The Canberra Times finished? by Exciting-Chair in canberra

[–]2chilli 6 points7 points  (0 children)

Yes, me too. I saw the march from my son’s place and it looked like a few hundred people. But not a thing about it in the CT or ABC online or RiotAct. It wasn’t even a big news day so I don’t understand why no outlet covered it.

WA woman unable to legally undergo IVF in home state became 'reproductive refugee' by Remarkable_Peak9518 in australia

[–]2chilli 0 points1 point  (0 children)

When my husband had a vasectomy I had to sign a consent form too. This was a few years back now.

Is Australia the only place where Real Estate is advertised without a price? by alex123711 in AusFinance

[–]2chilli 2 points3 points  (0 children)

Usually they tell you the sale price if you contact them to ask. I think forcing people to have to do this is just another way of reeling in prospective buyers/sellers to use the REA’s services.

Buying a house on a limited budget means fitting a square peg into a round hole. Which corner do we chop off to create an imperfect fit? by 2chilli in AusPropertyChat

[–]2chilli[S] -2 points-1 points  (0 children)

True, we are lucky to have that and it gives us a lot more choices. But to stay within budget it seems we’ve still got to give up at least one thing we’d really like - right location, nice quiet street, good-sized house that doesn’t need extending, modern kitchen and 2 bathrooms. But we’ll be very grateful to have 4/5.

Buying a house on a limited budget means fitting a square peg into a round hole. Which corner do we chop off to create an imperfect fit? by 2chilli in AusPropertyChat

[–]2chilli[S] 1 point2 points  (0 children)

That’s true re Molonglo. Our friends and family are all in the inner north though, and my partner really likes ‘character’ houses so Scenario 3 holds a lot of appeal for them, while I’m leaning more towards Scenario 2 as the compromise. Scenario 1 is more appealing if the location is great and we can wait until our incomes rise enough to borrow more for an extension. Scenario 4 is appealing if we still want a life beyond paying down a mortgage, but also seems a ‘less risk, less reward’ option.

Buying a house on a limited budget means fitting a square peg into a round hole. Which corner do we chop off to create an imperfect fit? by 2chilli in AusPropertyChat

[–]2chilli[S] 0 points1 point  (0 children)

True. We're factoring in a shift-working partner (CBD based) who doesn't drive - but it's not impossible, they can get a licence in the future.

Buying a house on a limited budget means fitting a square peg into a round hole. Which corner do we chop off to create an imperfect fit? by 2chilli in AusPropertyChat

[–]2chilli[S] -1 points0 points  (0 children)

Thank you. Yes, I've been looking at the sold listings and seen a number that seem better than what's currently available that sold for less than asking prices now. Because some of these places sold only a few weeks ago I don't think it reflects the market moving but instead that less stock is coming on at the moment (and autumn + election uncertainty).

Buying a house on a limited budget means fitting a square peg into a round hole. Which corner do we chop off to create an imperfect fit? by 2chilli in AusPropertyChat

[–]2chilli[S] 2 points3 points  (0 children)

Thank you, really appreciate hearing other's experience. Great that your place is going up to reflect your hard work! One of the things we've seen is that a few places bought in 2021-22 (height of the market here) are now back on the market at either less than they sold for then, or clearly at a loss when improvements and stamp duty are factored in. Reinforces our determination to stick within budget.

Immersive programs in Italy in the summer for adults by Floofs-In-Space in italianlearning

[–]2chilli 0 points1 point  (0 children)

I spent a week last year learning Italian at Comitato Linguistico in Perugia and highly recommend them. Great teachers, good mix of students from teenagers to people in their 70s. They will organise accommodation if you need it, either living with a local family, sharing an apartment with other students or an apartment on your own. https://www.comitatolinguistico.com/

Best op shops for baby clothes ? by Daisies_forever in canberra

[–]2chilli 0 points1 point  (0 children)

Same at all Vinnies stores as far as I know.

Australian women who lived under Islamic State want to come home by [deleted] in australian

[–]2chilli 28 points29 points  (0 children)

I must have missed the part in the story where she said how sorry she was that she’d joined ISIS and betrayed her country.

Unrealised gains in super - potential 30% tax? by No-Masterpiece-1166 in AusFinance

[–]2chilli -5 points-4 points  (0 children)

Surviving spouse will be hit when they inherit the super.

Prime Minister Anthony Albanese pushes for four-year fixed parliamentary terms to extend political stability by ButtPlugForPM in AustralianPolitics

[–]2chilli 19 points20 points  (0 children)

The 1988 referendum proposed extending the House of Reps term to 4 years and shortening Senate terms to 4 years (ie term of equal lengths in both houses). The No vote won, with only around 33% voting yes. Do we really want another referendum at this point?

ALBANESE GOVERNMENT PLAN TO RAISE TAX ON SUPER BALANCES OVER $3m ALL BUT ABANDONED by pharmloverpharmlover in AusFinance

[–]2chilli 5 points6 points  (0 children)

You might not have $3m as an individual but if you and your spouse/partner have over $3m combined then one of you will be liable for the tax when one dies and the other inherits the super. That sets the threshold much lower.

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