[barnaby33]

You forgot the other two words Pat, “of crowds.” Don’t give Aussies any more credit for understanding ahem, credit. Oh and the awesomeness of loans in Oz is that they are all at most 5 year arms and all are recourse. That’s the magic of no Phony/Fraudie.

Josh

[barnaby33]

You forgot the other two words Pat, “of crowds.” Don’t give Aussies any more credit for understanding ahem, credit. Oh and the awesomeness of loans in Oz is that they are all at most 5 year arms and all are recourse. That’s the magic of no Phony/Fraudie.

Josh

[barnaby33]

You forgot the other two words Pat, “of crowds.” Don’t give Aussies any more credit for understanding ahem, credit. Oh and the awesomeness of loans in Oz is that they are all at most 5 year arms and all are recourse. That’s the magic of no Phony/Fraudie.

Josh

[barnaby33]

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

[barnaby33]

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

[barnaby33]

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

[barnaby33]

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

[barnaby33]

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

[barnaby33]

I’ve had to tear down the meme of, “first time buyers have had to start somewhere,” many times over the years. Its an inflationista mindset where getting ones foot in the door is merely the first step to a brighter housing future. Of course it isn’t true, but don’t let that get in the way of your self-satisfaction.

While it is true that almost all first time buyers overstepped in the last decade, it wasn’t just them. it was pretty much everyone. Anyone who didn’t sell at the top and rent anyway. A few played the game well enough to consolidate their gains, but not many.

The OP asked what I think is an extremely valuable question, one that in varying forms has been asked over and over on this forum since it began.

Yes you were being tendentious, Its ok you can just get over it!

[barnaby33]

I’ve had to tear down the meme of, “first time buyers have had to start somewhere,” many times over the years. Its an inflationista mindset where getting ones foot in the door is merely the first step to a brighter housing future. Of course it isn’t true, but don’t let that get in the way of your self-satisfaction.

While it is true that almost all first time buyers overstepped in the last decade, it wasn’t just them. it was pretty much everyone. Anyone who didn’t sell at the top and rent anyway. A few played the game well enough to consolidate their gains, but not many.

The OP asked what I think is an extremely valuable question, one that in varying forms has been asked over and over on this forum since it began.

Yes you were being tendentious, Its ok you can just get over it!

[barnaby33]

I’ve had to tear down the meme of, “first time buyers have had to start somewhere,” many times over the years. Its an inflationista mindset where getting ones foot in the door is merely the first step to a brighter housing future. Of course it isn’t true, but don’t let that get in the way of your self-satisfaction.

While it is true that almost all first time buyers overstepped in the last decade, it wasn’t just them. it was pretty much everyone. Anyone who didn’t sell at the top and rent anyway. A few played the game well enough to consolidate their gains, but not many.

The OP asked what I think is an extremely valuable question, one that in varying forms has been asked over and over on this forum since it began.

Yes you were being tendentious, Its ok you can just get over it!

[barnaby33]

I’ve had to tear down the meme of, “first time buyers have had to start somewhere,” many times over the years. Its an inflationista mindset where getting ones foot in the door is merely the first step to a brighter housing future. Of course it isn’t true, but don’t let that get in the way of your self-satisfaction.

While it is true that almost all first time buyers overstepped in the last decade, it wasn’t just them. it was pretty much everyone. Anyone who didn’t sell at the top and rent anyway. A few played the game well enough to consolidate their gains, but not many.

The OP asked what I think is an extremely valuable question, one that in varying forms has been asked over and over on this forum since it began.

Yes you were being tendentious, Its ok you can just get over it!

[barnaby33]

I’ve had to tear down the meme of, “first time buyers have had to start somewhere,” many times over the years. Its an inflationista mindset where getting ones foot in the door is merely the first step to a brighter housing future. Of course it isn’t true, but don’t let that get in the way of your self-satisfaction.

While it is true that almost all first time buyers overstepped in the last decade, it wasn’t just them. it was pretty much everyone. Anyone who didn’t sell at the top and rent anyway. A few played the game well enough to consolidate their gains, but not many.

The OP asked what I think is an extremely valuable question, one that in varying forms has been asked over and over on this forum since it began.

Yes you were being tendentious, Its ok you can just get over it!

[barnaby33]

Don’t post nearly as much as I used to but bearishgurl, I’m surprised by this. The whole point of the OP is expectation management and what the proper level is. Telling someone to, “get over it,” is childish and a bit tendentious.

So to the OP you can drop out and work at the barber shop. In the short term the benefits are tangible. Less stress and the ability to get by with more free time. Free time by the way is the most undervalued commodity by many in the rat race. Long term though you are cutting yourself off from information and skills growth that I for one feel will be necessary to survive. That is unless you are trading city life to be a self-sustaining farmer. Good luck with that.

I do love the question though. Its very pertinent for a generation of Americans for whom the standard of living will be materially lower than their parents. Thank you for asking it.
Josh

[barnaby33]

Don’t post nearly as much as I used to but bearishgurl, I’m surprised by this. The whole point of the OP is expectation management and what the proper level is. Telling someone to, “get over it,” is childish and a bit tendentious.

So to the OP you can drop out and work at the barber shop. In the short term the benefits are tangible. Less stress and the ability to get by with more free time. Free time by the way is the most undervalued commodity by many in the rat race. Long term though you are cutting yourself off from information and skills growth that I for one feel will be necessary to survive. That is unless you are trading city life to be a self-sustaining farmer. Good luck with that.

I do love the question though. Its very pertinent for a generation of Americans for whom the standard of living will be materially lower than their parents. Thank you for asking it.
Josh

[Author]

Posts