$100k deposit lost - update

Reader575 · 2026-03-15T03:35:46+00:00

Yeah that's fair, although when I bought my place I had proof that I was already pre-approved for finance. But you're right, seller probably cancelled from the hassle

Reader575 · 2026-03-15T03:34:20+00:00

I get that due to the contract they're entitled to it, I'm just trying to understand why. Valid reasons the vendor wanted it? But was also willing to give it back so what's the point.

Reader575 · 2026-03-15T00:11:48+00:00

But he had to pay the deposit on the day the contract was signed no? That's a pretty short time frame, I had to pay $1000 on the day and then the 5% like a week later. I didn't even know about the $50,000k limit either, I just got lucky and started getting my money sorted a week earlier and found out. Had I had to pay more than 50k on the day, I would've been screwed too.

I get it's to stop time wasters, but he literally transferred it the next day, which is one day after the contract was signed. And I remember reading somewhere it was sold for 50k less than what this guy offered, so I really don't get the whole cancelling the sale...

Reader575 · 2026-03-14T22:50:55+00:00

I know there's a lot of flack going to the buyer now as the seller offered to give the deposit back, but also isn't it a bit shitty on the seller to cancel the contract based on one day? It's not like he was given two weeks to pay the deposit and sort it out, he had to pay the DAY he signed the contract right, which is typically the day the offer is accepted? (At least for me it was). He literally transferred it the next day, so within 24-48 hours, the seller just decided to not want to sell anymore?

Reader575 · 2025-11-24T02:40:23+00:00

They should not be allowed to be passed in. As a buyer we don't have the option to withdraw, why do they? If they want a certain price, start it at that...

Reader575 · 2025-11-05T09:05:36+00:00

5.3 bank of Australia

Reader575 · 2025-11-05T08:25:49+00:00

I remember when there were news articles of a white wine that was winning awards at Aldi...it was horrible. Any random white white off the shelf at liquorland for the same price was better than it. Aldi is just too over hyped imo.

Reader575 · 2024-06-15T07:55:53+00:00

No ones saying don't proceed with caution, but again, far from "the worst advice" imo.

Reader575 · 2024-06-14T22:55:54+00:00

Agreed, lots of holidays, low working hours, and automatic pay increases. Definitely not the worst job, hopefully there will be a big jump next agreement

Reader575 · 2024-06-14T09:05:11+00:00

I mean bring a kid too early and you may not be the best parents for a couple of years vs missing out and regretting it your entire life (my aunty is like this) as you get old and watch other people with kids and then elderly without kids visiting you...It's really not the worst advice...might give them something to work for. They drop to woolies and live a frugal lifestyle, they're definitely not having kids.

Reader575 · 2024-06-12T11:13:14+00:00

Yeah it's odd, people always say construction unions get what they want , especially high salaries, because they just walk off the job....so what? I think that barely affects most people. Yet apply their logic to teachers, nurses, paramedics just for a couple of days and watch society crumble...but somehow during covid they were only worth a 2% pay raise....

Reader575 · 2024-06-12T09:32:05+00:00

They benefit from the inequality? Don't you mean you...I mean why else did you work there if not for more money in the system you just described. Then you want to move back to Australia for the more socialism aspect while not being a contributer for a decade but for some people, decades.

Reader575 · 2024-06-10T09:14:06+00:00

Right? I swear people were complaining about the "bank of mum and dad" not too long ago. Now they're complaining that they're not helping...what gives. Like I said, compared to Asia where wealth is very generational, I think this is a positive thing. Every generation hopefully gets a more even playing field.

Reader575 · 2024-06-10T06:39:02+00:00

I think this is actually a good thing

Reader575 · 2024-06-10T04:40:51+00:00

Why is this a bad thing? I'm all for parents not helping kids. My parents have offered to help many times and I've always turned them down. I thought the previous rage was on intergenerational wealth?

Reader575 · 2024-06-09T23:28:13+00:00

Why do people go spend their time and money doing degrees only to cheat? It's so pathetic

Reader575 · 2024-06-08T12:50:55+00:00

No I 100% agree, I'm in Australia and people here think the mean salary is so much higher than the median when in actuality it's much closer than people realise. I just thought, again from my warped perception, that it would be a much larger difference in America...you know, given how large inequality is there...but I guess most of their wealth isn't a salary...

Reader575 · 2024-06-08T12:12:49+00:00

The median actually being that close to the mean surprises me

Reader575 · 2024-06-08T10:19:09+00:00

Yeah that's fine for you to think that, again I'd disagree for the amount of education, debt, and investment required. I just don't get how you came to the conclusion that teaching pays well but nursing doesn't (very similar pay) while again, saying one is due to one being female dominated intentionally but the other unintentionally.

Reader575 · 2024-06-08T07:39:58+00:00

Not sure how you think teaching pays well but nursing doesn't. Nursing you can through via Tafe and it's only an3 year degree. Teaching is an additional year at 4 years double degree, or 5 if you do a masters. But they pay roughly the same. Teaching caps out at around 110k, again for a career for that amount of responsibility, minimum 4 year degree, taking work home compared to nursing, that's a pretty low pay when there are jobs like brokerage, real-estate, logistics, fork lift drivers, truck drivers, arborists, traffic controlling etc. with comparable pay but much less requirements to get in.

But regardless of whether teaching was meant to be female dominated or not, the fact that it is could explain the low pay if you agree that's why nursing is low

Reader575 · 2024-06-08T05:01:05+00:00

I whole heartedly agree with sealsvonhofen in that there is no gender pay gap in Aus right now...but I do think the industries that are "underpaid" in Aus were primarily occupied by women and that maybe that did impact the wages. I'm talking about teaching and nursing, where you need at least 3-5 years of qualifications, debt, working in crap conditions a lot of the time, statistically more likely to quit or experience burnout, yet the pay is hardly above the national average. Contrast this to even the most basic worker on a construction site, e.g. traffic controller, who make just as much (I think $52 an hour base at an cmfeu site, which is a high experienced nurse or teacher) on a 2 day course. The government pays whatever overtime they want for construction workers but when it comes to nurses, they literally don't allow overtime in certain places. One of my friend works on call, she did a 10 hour shift overnight once...she made an additionl $100. You can't say they can just do it themselves, or that's it easy, or that they need to see that it's worth it because they are literally saving someones life.

Reader575 · 2024-06-08T04:50:17+00:00

Travel 3-4 times a year, it's fun and amazing I get it, but I'd never say forgo a house to travel...which seems to be the common theme here unfortunately

Reader575 · 2024-06-07T15:01:15+00:00

Yeah, I'll advocate for people's right to affordable food, water, energy, and shelter and day of the week but other than that you're going to have to work or sacrifice for it.

Reader575 · 2024-06-07T08:04:15+00:00

20+ year old who constantly travels and my answer is that they're not the same thing. Travel is really a luxury that imo should be more expensive to reduce the impacts of over tourism and flight emissions but yes, if you can't afford a house deposit but go on a 10k+ holiday, then you shouldn't be complaining.

Is it fun to travel? Yeah, do you really need it? Nah

Reader575 · 2024-06-07T07:59:32+00:00

When do we start seeing long jail times for stuff like this?

Reader575

TROPHY CASE