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because wages are 30% in buying power of what they were 40 years ago
I thought it was avocado toast.
“With Sydney’s median house price still hovering at $1.6 million, a further $30,000 drop is still closer to a rounding error than a savings,” Canstar’s data insights director, Sally Tindall said.
That says it all doesn’t it.
Yeah, same as Canada, house prices shot up 600% in 15 years and then when they lose 3% the media is all mArKeT cRaSh bUy nOw.
Because even if you earn enough to afford the repayments, it’s the deposit and stamp duty that fuck you
Stamp duty seems to be a scam to me. I won’t move or downsize if I’m going to lose a year’s income for doing so.
I’ve saved so much money by never changing anything.
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