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  1. #51
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    We own our house. Just paid it off last year as I turned 40. Think what has helped us pay it off is the fact that we have been together for 22 years, both working full time for the first 12 years, no overseas travel, no dependent children for the first 12 years (not by choice though) and also made some good investment choices that paid off. I think if we were staring off now though it would be a different story. And I worry about what it will be like for our children when they r trying to buy their own homes

  2. #52
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    Quote Originally Posted by Lil M View Post
    These people cant possibly live in Sydney
    We're in Sydney. If we were in our previous house we'd only have about 300k left to pay off (value about 900k), but we sold it a year ago and bought a bigger house in a better area. So we upped our mortgage but we're better off overall thanks to a lucky find/good buy with this house and increasing values in this area.

  3. #53
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    I have a mortgage...until my separation only had about 100k left, but have recently had to buy elsewhere, so mortgaged to the hilt again 😬 which is very depressing. I also have an investment property mortgage.

  4. #54
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    Default Do you own your own house?

    We own my hubby's family home. My FIL signed it over to us. It's owned outright and it's 45 years old and back then they paid $11k for it. We are regional .
    Last edited by granny1; 03-05-2017 at 05:51.

  5. #55
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    Wow. I would have thought there were more renters. We're renting an apartment overseas. Even if/when we move back to Australia, I think it will be a loooong journey towards home ownership.

  6. #56
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    Renting and can't see us buying anytime soon... Wah! Trying to save a 20% deposit in the current market is next to impossible while you're on one income. It's really frustrating, at this rate I feel as though we'll be renting forever.

  7. The Following User Says Thank You to Koarlo For This Useful Post:

    OSmum2017  (03-05-2017)

  8. #57
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    Default Do you own your own house?

    The bank owns our house.. but we hope to sell it make a little profit and buy another that the bank will own

  9. #58
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    Own.. no mortgage as of 2 years ago.

  10. #59
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    Own mortgage 50% of value

  11. #60
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    Renting. We almost bought a house the weekend before DH was offered the overseas role, the last people to back out at the auction. Saving money and will hopefully buy when we return.


 

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