Renting in Australia

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Neferti
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Renting in Australia

Post by Neferti » Thu Feb 16, 2017 4:03 pm

Does anybody here rent?

http://www.abc.net.au/news/2017-02-16/h ... ia/8275520

I got a mortgage in 1983 .... I had it paid off by 1996, thanks to a couple of "windfalls". It wasn't easy but just as well as in my retirement I am "rent free", otherwise I wonder how I would cope.

J o h n S m i t h
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Re: Renting in Australia

Post by J o h n S m i t h » Thu Feb 16, 2017 4:41 pm

you can't live in any of the major cities and rent your own house if you are on a pension ... at best you may be able to share.

J o h n S m i t h
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Re: Renting in Australia

Post by J o h n S m i t h » Thu Feb 16, 2017 4:44 pm

ohh, and the article isn't being honest ... In my experiece, people aren't on long term leases because in more cases than not, they don't want to commit to it. About half my tenants refuse to sign up for even 12 months, let alone longer. I guess that's what happens when full time jobs are falling to the wayside.

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Neferti
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Re: Renting in Australia

Post by Neferti » Thu Feb 16, 2017 6:54 pm

J o h n S m i t h wrote:ohh, and the article isn't being honest ... In my experiece, people aren't on long term leases because in more cases than not, they don't want to commit to it. About half my tenants refuse to sign up for even 12 months, let alone longer. I guess that's what happens when full time jobs are falling to the wayside.
Well, I don't have any rental properties but I have relatives in Melbourne who are in Real Estate. I don't know anybody who is renting .... everybody I know either has a Mortgage or has paid it off.

I do know of several people who have 4-6 "rental" properties. I haven't asked what they do with them. Try Hards I expect .... how they got a Bank to go along with it who knows? Definitely not something I would do.

J o h n S m i t h
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Re: Renting in Australia

Post by J o h n S m i t h » Thu Feb 16, 2017 7:24 pm

Neferti~ wrote:
J o h n S m i t h wrote:ohh, and the article isn't being honest ... In my experiece, people aren't on long term leases because in more cases than not, they don't want to commit to it. About half my tenants refuse to sign up for even 12 months, let alone longer. I guess that's what happens when full time jobs are falling to the wayside.
Well, I don't have any rental properties but I have relatives in Melbourne who are in Real Estate. I don't know anybody who is renting .... everybody I know either has a Mortgage or has paid it off.

I do know of several people who have 4-6 "rental" properties. I haven't asked what they do with them. Try Hards I expect .... how they got a Bank to go along with it who knows? Definitely not something I would do.

A small part of my work is as a property manager Nef. I don't own any rental properties, I just manage them.

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Neferti
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Re: Renting in Australia

Post by Neferti » Thu Feb 16, 2017 7:34 pm

J o h n S m i t h wrote:
Neferti~ wrote:
J o h n S m i t h wrote:ohh, and the article isn't being honest ... In my experiece, people aren't on long term leases because in more cases than not, they don't want to commit to it. About half my tenants refuse to sign up for even 12 months, let alone longer. I guess that's what happens when full time jobs are falling to the wayside.
Well, I don't have any rental properties but I have relatives in Melbourne who are in Real Estate. I don't know anybody who is renting .... everybody I know either has a Mortgage or has paid it off.

I do know of several people who have 4-6 "rental" properties. I haven't asked what they do with them. Try Hards I expect .... how they got a Bank to go along with it who knows? Definitely not something I would do.

A small part of my work is as a property manager Nef. I don't own any rental properties, I just manage them.
OK. My BIL and his daughter and son work in that area in Melbourne.

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AiA in Atlanta
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Re: Renting in Australia

Post by AiA in Atlanta » Thu Feb 16, 2017 9:56 pm

home ownership isn't all it is made out to be ...

J o h n S m i t h
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Re: Renting in Australia

Post by J o h n S m i t h » Thu Feb 16, 2017 10:03 pm

AiA in Atlanta wrote:home ownership isn't all it is made out to be ...
it's better than the alternative

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IQS.RLOW
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Re: Renting in Australia

Post by IQS.RLOW » Thu Feb 16, 2017 10:08 pm

J o h n S m i t h wrote:
AiA in Atlanta wrote:home ownership isn't all it is made out to be ...
it's better than the alternative
I'd recommend it just because an owner would have to deal with fuckwits like you.
Quote by Aussie: I was a long term dead beat, wife abusing, drunk, black Muslim, on the dole for decades prison escapee having been convicted of paedophilia

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AiA in Atlanta
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Re: Renting in Australia

Post by AiA in Atlanta » Thu Feb 16, 2017 10:12 pm

I owe another USD 100,000 on my place. It is in an area outside of Atlanta that hasn't quite taken off but will in the future because Atlanta, like most thriving American cities, is becoming too expensive, while my area is still affordable. My area also has excellent schools, some of the best in the state, and it is safe, meaning no blacks. Lots of rednecks with guns however.

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