Australian Federal, State and Local Politics
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Bobby
- Posts: 18257
- Joined: Thu Feb 23, 2017 8:09 pm
Post
by Bobby » Sun May 29, 2022 7:16 pm
J o h n S m i t h wrote: ↑Sun May 29, 2022 6:24 pm
Bobby wrote: ↑Sat May 28, 2022 8:42 pm
I procrastinated because I thought the prices would go down due to the Covid pandemic.
I made a mistake as they went up by at least 20%.
don't make the same mistake now or they'll go up another 20% before you know it
Ask yourself this, can you afford to rent on a pension? If not, then you bloody well had better get back in the market ASAP. Even if it's just a small townhouse or duplex (i personally would avoid units or anything with body corporate levies). Rents in my area went up about 50% in the past year. To rent a bedroom in a share house now costs about $300/ week. A pension is only $450 odd a week. How long before that's not enough for even a room?
I'm scared.
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J o h n S m i t h
- Posts: 3457
- Joined: Tue Jun 16, 2015 4:05 pm
Post
by J o h n S m i t h » Sun May 29, 2022 8:04 pm
Bobby wrote: ↑Sun May 29, 2022 7:16 pm
J o h n S m i t h wrote: ↑Sun May 29, 2022 6:24 pm
Bobby wrote: ↑Sat May 28, 2022 8:42 pm
I procrastinated because I thought the prices would go down due to the Covid pandemic.
I made a mistake as they went up by at least 20%.
don't make the same mistake now or they'll go up another 20% before you know it
Ask yourself this, can you afford to rent on a pension? If not, then you bloody well had better get back in the market ASAP. Even if it's just a small townhouse or duplex (i personally would avoid units or anything with body corporate levies). Rents in my area went up about 50% in the past year. To rent a bedroom in a share house now costs about $300/ week. A pension is only $450 odd a week. How long before that's not enough for even a room?
I'm scared.
you should be
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