codswallop said:I really think housing in Australia is totally screwed. I don't want to have to move to Werribee or Pakenham just so I can afford to own the damned building. You're really renting the land from the council too, since they have final say-so on what you can and can't do.
It wouldn't surprise me if i ended up living in pakenham or there abouts unless the price of housing drops. That wouldn't bother me all too much since i take the pakenham train line to work anyway, I'm about 5 stops from pakenoftheham. Although my ex lives there so that can't be a good idea D:
The majority of my savings are in a savings account and making some decent interest, I look forward to tax time to see how much i owe the tax man, If any at all.
Ubank now has home loans from 6.99% variable rate which might be interesting. Going by their quick calculator it claims i can borrow 200k which of course really wouldn't buy you much. It did calculate my living expenses per month to be $1145, I call bullshit on that one!