+ Reply to Thread
Page 20 of 30 FirstFirst ... 101819202122 ... LastLast
Results 191 to 200 of 293
  1. #191
    London's Avatar
    London is offline “I think we're losing our sense of humor instead of being able to relax and laugh at ourselves" - Betty White
    Winner 2012 - BubHubber you'd like to meet IRL
    Winner 2012 - Best Avatar

    Join Date
    Aug 2009
    Location
    Perth
    Posts
    11,389
    Thanks
    1
    Thanked
    4,937
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    By the time this argument is over OP would have bought a dog and trained it to dig for treasure so she can buy a home and not have to hide the dog.

  2. The Following 4 Users Say Thank You to London For This Useful Post:

    atomicmama  (08-01-2013),FindMyLunch  (10-01-2013),SassyMummy  (08-01-2013),twotrunks  (08-01-2013)

  3. #192
    Join Date
    Mar 2006
    Posts
    4,765
    Thanks
    1,903
    Thanked
    2,791
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default pets and renting

    I have a much higher than average income and I only JUST managed to buy a house in the cheapest, crappiest suburb 50km away from my work, family and friends because my parents used their home to guarantee my mortgage. I am here to tell you it is simply out of reach of many many people.

  4. The Following User Says Thank You to shelle65 For This Useful Post:

    Janesmum123  (08-01-2013)

  5. #193
    Join Date
    May 2009
    Posts
    4,811
    Thanks
    1,047
    Thanked
    2,271
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by Kimberleygal1 View Post
    We will have to agree to disagree then. I believe anyone that's rentingcan buy particularly with the first home owners grant.
    For what price? Tell me how an average worker can afford 450k?
    Thats not in a good suburb.
    Im sorry but im not moving to the cheapest area which have junkies, gun crime, assault etc simply because I can afford To buy there.
    I live in a working class suburb which has a really bad rap already and is looked down upon and you will not find a house here under 450k. (not that it's actually a bad place just the stigma attached)

  6. #194
    Join Date
    May 2012
    Posts
    1,054
    Thanks
    1,493
    Thanked
    603
    Reviews
    0
    Achievements:Topaz Star - 500 posts

    Default pets and renting

    Quote Originally Posted by Kimberleygal1 View Post
    We will have to agree to disagree then. I believe anyone that's renting can buy particularly with the first home owners grant.
    Maybe we could have before so many people started buying investment properties to secure their children's future.

    All the first home owners grant did was help artificially inflate house prices.

  7. #195
    Join Date
    Jun 2011
    Posts
    3,493
    Thanks
    1,027
    Thanked
    2,115
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default pets and renting

    In the city I live, you cannot get a house for a family for under $400k and finding one at that price is not easy. I'm not talking a huge house, I'm mean a basic 2-3 bedroom house or townhouse out in the burbs.

    A 10% deposit is 40k (and almost all banks require at least 10% these days) + 13k stamp duty + 2k in legal fees and loan application fees = $55k for a deposit at a minimum. Take away 7k first home buyers and thats $48k. With an average mortgage payment of about $2,000 a month.

    There is just no way everyone who rents can afford to save up $48,000 and then pay $500 a week on a mortgage.

  8. The Following User Says Thank You to Clementine Grace For This Useful Post:

    SoThisIsLove  (08-01-2013)

  9. #196
    Join Date
    May 2009
    Posts
    4,811
    Thanks
    1,047
    Thanked
    2,271
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by Clementine Grace View Post
    In the city I live, you cannot get a house for a family for under $400k and finding one at that price is not easy. I'm not talking a huge house, I'm mean a basic 2-3 bedroom house or townhouse out in the burbs.

    A 10% deposit is 40k (and almost all banks require at least 10% these days) + 13k stamp duty + 2k in legal fees and loan application fees = $55k for a deposit at a minimum. Take away 7k first home buyers and thats $48k. With an average mortgage payment of about $2,000 a month.

    There is just no way everyone who rents can afford to save up $48,000 and then pay $500 a week on a mortgage.
    Yes you are right.
    The repayments on 400k are around the $700 a week mark or more depending on interest plus a 50k deposit. Then Childcare costs, before after school care, insurance, car, food, bills, council, water etc

  10. The Following User Says Thank You to Janesmum123 For This Useful Post:

    SoThisIsLove  (08-01-2013)

  11. #197
    headoverfeet's Avatar
    headoverfeet is offline The truth will set you free, but first it will **** you off. -Gloria Steinem
    Join Date
    Nov 2007
    Location
    Australia
    Posts
    18,952
    Thanks
    3,142
    Thanked
    4,893
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Awards:
    100 Posts in a week
    I haven't read past this comment but had to reply..

    Quote Originally Posted by Kimberleygal1 View Post
    We will have to agree to disagree then. I believe anyone that's renting can buy particularly with the first home owners grant.
    Can you please tell me how? We earn over $120,000 a year we have no debt yet we still cannot buy our own home because my partner is a contractor, he has been looking for a fulltime job since he was fired after a work place accident that left him burnt over 2 years ago. We are stuck renting because of this.

  12. #198
    Join Date
    Oct 2009
    Posts
    3,873
    Thanks
    308
    Thanked
    1,018
    Reviews
    21
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default pets and renting

    Could you tell me how to save my deposit while paying rent? Coz over half our income goes towards rent so how do we save a deposit? You have a very naive view if you think anyone is capable of saving up a deposit and also getting approved for a mortgage!

  13. #199
    Join Date
    Jun 2011
    Posts
    3,493
    Thanks
    1,027
    Thanked
    2,115
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default pets and renting

    Quote Originally Posted by Janesmum123 View Post
    Yes you are right.
    The repayments on 400k are around the $700 a week mark or more depending on interest plus a 50k deposit. Then Childcare costs, before after school care, insurance, car, food, bills, council, water etc
    Plus what if the fridge breaks, your elderly mother needs help paying for medical treatment, your child needs to see a specialist, you need to go to the dentist, the roof needs fixing. If every cent goes to a mortgage there would be nothing left.

    For SO many families $500-700 a week for a mortgage is just not possible.

  14. The Following User Says Thank You to Clementine Grace For This Useful Post:

    SoThisIsLove  (08-01-2013)

  15. #200
    headoverfeet's Avatar
    headoverfeet is offline The truth will set you free, but first it will **** you off. -Gloria Steinem
    Join Date
    Nov 2007
    Location
    Australia
    Posts
    18,952
    Thanks
    3,142
    Thanked
    4,893
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Awards:
    100 Posts in a week
    ...

    Bad reading moment, never mind!
    Last edited by headoverfeet; 08-01-2013 at 16:52.


 

Similar Threads

  1. for those renting with pets...
    By Emi in forum House & Gardens
    Replies: 31
    Last Post: 19-06-2012, 18:31
  2. Your Pets
    By Love Britt in forum General Chat
    Replies: 23
    Last Post: 16-05-2012, 09:41
  3. Zhu Zhu Pets
    By MissPoss in forum General Chat
    Replies: 11
    Last Post: 18-04-2012, 02:09

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
KindyROOKindyROO offers activities for babies & toddlers in a fun learning centre, focussing on developmental education. ...
FORUMS - chatting now ...
Hcg levels have basically plateauedpregnancy and babies through IVF
Daycare educator / teacher giftsGeneral Parenting Tips, Advice & Chat
Delightful DecemberConception & Fertility General Chat
Positive Ovulation Test 6+ days in a row???Conception & Fertility General Chat
Noble NovemberConception & Fertility General Chat
High Natural Killer Cells #10Reproductive Immunology
REVIEWS
"Made bed time less anxious"
by Meld85
My Little Heart Whisbear - the Humming Bear reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›