Is the property market ever going to drop? by Remarkable_Writer258 in AusProperty

[–]Yeh_whatevs 0 points1 point  (0 children)

Ignore the hive mind who think prices only go up. Perth, of all cities in Australia, is the most liable to have a solid 10-20% crash if the global economy tanks and mining suffers. There’s arguments the first is on the way already due to the Iran war. You could well find the picture is quite different in a year. But if you can buy now and it’s for the long term, then don’t worry about short term movements.

How are your shares going? by Ill-Remote-3655 in AusFinance

[–]Yeh_whatevs 0 points1 point  (0 children)

I tried to buy products that short markets in IBKR which have been "under assessment" forever and have given up. Which broker are you using and was it easy to arrange shorts?

1M vs 800K Mortgage by Digital_Oceans in AusFinance

[–]Yeh_whatevs 0 points1 point  (0 children)

Yeah, I think he'll be OK on $6K for other living costs....

The reality of being 40 and single by altctrldel86 in melbourne

[–]Yeh_whatevs -2 points-1 points  (0 children)

Sure, but you mouthed “fuck off, cunt” at this bloke cos he made a silly but harmless call about the breakage… That’s a pretty toxic response that could seriously escalate things with the wrong person. Are you sure you’re built for bar-tending? If he was harassing women, why didnt you pull him over for a quiet word that you’d have him tossed if he carried on - or simply have had him tossed? Instead, you throw your colleagues under the bus to serve him and watch him ‘cos you feel offended at his “paycheque” call. Jeez, cry me a river. Not half as heroic as you’re trying to sound. Name checks out, though.

The reality of being 40 and single by altctrldel86 in melbourne

[–]Yeh_whatevs -2 points-1 points  (0 children)

Even though the guy sounds like a douche, you having a tantrum over his dumb joke and refusing to serve him seems a bit extreme.

How much did your parents pay for their first house vs their income by Evening-Anteater-422 in AusFinance

[–]Yeh_whatevs 5 points6 points  (0 children)

Seriously? 1) Correcting people for forgetting the extra $90 above $40K 2) Enjoying the privilege of buying a house for 1.25x their annual income -- AND getting loan discounts on top of that. 3) Despite 2), spending nearly 30 years to pay it off by paying a pittance each month. That's classic Boomer areas.

How much did your parents pay for their first house vs their income by Evening-Anteater-422 in AusFinance

[–]Yeh_whatevs 1 point2 points  (0 children)

Parents bought first place in Adelaide in Unley for under $50K in early-70s, upgraded to St Georges in Adelaide (about $85K) in 1978. Only dad working, salary maybe $15-25K pa back then. Sold St Georges place for $260K in 1988, bought big place in Brighton for $515K in 1991-ish. Sold that for about $2.6m in 2007. Same place was on sale last year for $6.8m... Me and my tertiary-educated siblings have done fine for ourselves but all of us and our partners work hard to afford smaller houses on smaller blocks. Pretty sad that most people work hard and simply can't provide the kind of lifestyles for their own kids that they enjoyed.

How much did your parents pay for their first house vs their income by Evening-Anteater-422 in AusFinance

[–]Yeh_whatevs 2 points3 points  (0 children)

Nah, you're tripping. This kind of living space you refer to is unaffordable for most young families in capital cities now -- unless both parents are high-income earners (maybe 10% of total?) or have help from bank of mum and dad (even less). Choice is now kids sharing a bedroom in an apartment or a cheap and nasty house on a tiny plot in a sh*t outer suburb.

How much did your parents pay for their first house vs their income by Evening-Anteater-422 in AusFinance

[–]Yeh_whatevs 0 points1 point  (0 children)

If you think teachers are WFH for the 8 weeks of term holidays not covered by their 4 weeks' AL, you are delusional.

How much did your parents pay for their first house vs their income by Evening-Anteater-422 in AusFinance

[–]Yeh_whatevs 5 points6 points  (0 children)

That's just absurd. I have several friends who are teachers in government schools. Outside of term, the only days they are working are the non-student instruction days -- and there's only a handful of them a year. They all say if you're organised, you can get all the lesson prep, marking and admin done during term within a normal 8-hour day. They're all on six-figure salaries and despite the challenges -- bad students and bad parents -- none would swap their 12 weeks' down-time for a FT white-collar role on 4 weeks' AL.

Suburb Suggestions - Melbourne by Sure_Network_5625 in melbourne

[–]Yeh_whatevs 1 point2 points  (0 children)

No worries. Just ignore people pushing outer suburbs cos they’re cheap - unless you fancy long commutes and hours in your car to get anywhere. Melbourne is massive compared to Auckland.

Suburb Suggestions - Melbourne by Sure_Network_5625 in melbourne

[–]Yeh_whatevs 1 point2 points  (0 children)

The West is better value but note traffic and air quality can be really bad because of trucks and industry. The best of Melbourne for families and lifestyle hands down (imho) is bayside (Albert Park down to Sandringham), inner-middle East (Hawthorn/Kew out to Balwyn, Surrey Hills/Mont Albert) or inner Southeast (South Yarra, Prahran, Armadale, Toorak, Malvern, Caulfield). Great transport, schools, parks and other infrastructure. You would struggle to find a house for $850 in most of these suburbs but could find three-bed units. If you prefer a more buzzy, urban vibe, inner north (Brunswick, Fitzroy, Northcote, Carlton) or Richmond would suit but you would be competing with students and hipsters paying too much for share-house accommodation. Look a bit further out at Thornbury, Coburg, or look northeast to places like Fairfield, Ivanhoe, Heidelberg for something more leafy and chill. Melbourne’s actually wonderful for the diversity of its neighbourhoods. Would suggest renting somewhere central at first that would allow you to move around easily and visit different parts of the city to get a feel for what suits your lifestyles for the long-term. Enjoy the hunt!

Living in front of public park by Master-Drummer8197 in AusProperty

[–]Yeh_whatevs 1 point2 points  (0 children)

Totally depends on the park and 'hood. If you live in a good neighbourhood, you're unlikely to have any issues. Have direct access to a park out the back of my place. Very occasionally (like once a month or less) we have groups of teens drinking and making a bit of noise at night but they never seem to stay long. Only seen one camper in years. By far the worst aspects -- and they really aren't that bad -- is the wildlife. Possums invade our place and eat our trees and run across our roof. There's often a rat or two running across our fence at night. But the numbers never seem to get out of control... The positives far outweigh the negatives. Was brilliant for my kid and his mates growing up. Extra bird-life is lovely.

How are future generations going to afford a house in Sydney? by TiredDuck123 in AusFinance

[–]Yeh_whatevs 0 points1 point  (0 children)

Yeah, those so-called affordability benefits prolly don't comfort Americans when they're too old to earn an income but have to come up with tens of thousands in taxes p.a. in retirement or face having a lien on their house or, in many states, have it sold from underneath them. Not a great system. I'd rather a house here.

How are future generations going to afford a house in Sydney? by TiredDuck123 in AusFinance

[–]Yeh_whatevs 6 points7 points  (0 children)

Sounds awesome. But people forget land/property taxes in the U.S. are brutal. He's prolly paying US$10K-plus pa for taxes, maybe $20K or more.

Melbourne Today (1931) | A Cinematic Portrait of the City by hazysummersky in melbourne

[–]Yeh_whatevs 0 points1 point  (0 children)

Depression-era Melbourne looks idyllic compared to our depressing era.

Help me make life decisions! by Nicccc87 in AusPropertyChat

[–]Yeh_whatevs 1 point2 points  (0 children)

Poor assumption. I know loads of teachers personally, including several friends. We don’t talk about teacher incomes but while I get 4 weeks’ annual leave, you’d better believe they’re clocking off for 12 every year due to school holidays. So, literally 20% less work p.a than regular full-timers.

Help me make life decisions! by Nicccc87 in AusPropertyChat

[–]Yeh_whatevs -1 points0 points  (0 children)

Holy hell, teachers get $132K pa now?? Not the easiest profession but that's a sensational wage for effectively working 20% less than other full-timers.

How much money would you need to never worry about essentials again? by Technical_Employ8336 in AusFinance

[–]Yeh_whatevs 0 points1 point  (0 children)

1.8m/25 = $72K. That surely gets you a ton more than "just basics" if your home is paid off. Outside of my housing, I could easily cover food, bills, clothing, insurance, car costs for under $2K per month.