Texan wrote: ↑Tue May 14, 2019 1:25 pm
billy the kid wrote: ↑Tue May 14, 2019 1:20 pm
Texan wrote: ↑Tue May 14, 2019 1:13 pm
My 25 year old son bought a house last year for about $90k. It's just a small older house in Wichita KS, but it has 3 bedrooms, 1 bath, a full basement and a 2 car detached garage. Veterans can get loans for 0% down. I think he is paying about 4.5% interest.
In 2003, I bought my house for $155k. It's a 4BR/2 BA/2 car garage with an additional 2 car carport on 1 acre. The lot is about 60M x 70M. I refinanced for a 15 year loan at 2.75% interest. It appraises at $279k now and will be paid off in about 4-5 years. We all have similar lots and there is only one entrance into the neighborhood. Nobody parks on the street and we don't have to pay city taxes. We all look after each other.
Several years ago, one of our neighbors won a catered block party with a live band from a local radio station. We started an annual tradition to have a party on Independence Day. Local police and fire lead a lawn tractor parade around the neighborhood. We throw candy to all of the kids as we drive by and end up at a neighbor's house. We bring food and drink, swim in the pool, and shoot fireworks after dark if the weather is not too dry. It's a good chance to get to know new neighbors.
Unfortunately, Australia is the land of the rip off....
It may be called the lucky country by many people...
I think we are insulated from the rest of the world in many ways, but I have spoken to Americans who have
visited Australia and they are staggered by the prices for everything from gas to houses, furniture, groceries and
everything in between...I remember in the 70s my rent was fourteen bucks a week and our groceries cost fourteen bucks
a week also.....not any more....if you want to go broke...come to Australia...but be prepared to be ripped off.....
It seems like the liberals are moving in from California. The inrush to TX is driving up home prices and local governments us the influx as an excuse to raise taxes to improve infrastructure. It's OK if you already own your home and the value rises, but it makes it hard for most young people. Most young home buyers are DINKs. Double Income No Kids.
You have all of that land. Is much of it uninhabitable? Why is it so expensive? We have more people than Australia in Texas alone and our land is much smaller than Australia.
Most of Australias population live close to the coastal areas. Small country towns often become ghost towns as the young
move to the city and the coast for employment. Country NSW and Victoria have numerous larger country towns..these are the most populated states..South Australia is dying..Western Australia is vast and a lot of the population live in and around Perth.
The Queensland coast is well populated and attracts retirees...NT too hot... Tasmania..too cold..
A lot of Australia is uninhabitable. The land on the coast is expensive due to greedy developers and real estate agents who keep
increasing prices. My son bought a block of land on the Gold Coast from memory for about $90K in 2000...built then sold...
In 2007 in the adjoining suburb, admittedly for a larger block, he paid $260K..and built a mansion...then sold...
Both blocks were in subdivisions which are now built out completely.
The "systems" under which we live are rife with greed, corruption and incompetence...
Hence the exorbitant prices we pay for everything...
I dont really want to turn this into one big whinge...so Ill leave it there....
To discover those who rule over you, first discover those who you cannot criticize...Voltaire
Its coming...the rest of the world versus islam....or is it here already...