Australian news and politics.

[patjennings]

My kids late 20s to early 30s have all bought houses. They haven't bought the complete McMansion. They have bought smaller older solid houses that will be extended over the years.

A lot of 4 or 5 bedroom houses that boomers bought were actually 2 bedroom plus sunroom when they were bought and 40 years later are now the 4 or 5 bedroom house. It has always been a struggle to buy a house. To expect that you get the perfect house when you enter the market and then compare that to their 4 or 5 bedroom house denies the struggle that went into it.


p.s. only in this thread as part of housing problem and the way it is framed - not really - more the way media portrays things

 

[LFC]

My kids late 20s to early 30s have all bought houses. They haven't bought the complete McMansion. They have bought smaller older solid houses that will be extended over the years.

A lot of 4 or 5 bedroom houses that boomers bought were actually 2 bedroom plus sunroom when they were bought and 40 years later are now the 4 or 5 bedroom house. It has always been a struggle to buy a house. To expect that you get the perfect house when you enter the market and then compare that to their 4 or 5 bedroom house denies the struggle that went into it.


p.s. only in this thread as part of housing problem and the way it is framed - not really - more the way media portrays things

yep crawl before you Walk........

 

[tsf]

Whenever anyone uses the term " Mum and Dad investors " I know that they're full of shit.

Usually is code for 'the board of BHP' or something