Subj : Re: New to this
To   : boraxman
From : Gamgee
Date : Fri Apr 18 2025 08:24 am

-=> boraxman wrote to Gamgee <=-

 Ga> Not sure what you mean by "get easier"...  You mean as you get older?
 Ga> I'd say that depends on your planning and execution of financial goals
 Ga> and being careful.  Prices go up everywhere, always, I think; but
 Ga> nothing new about that.

 bo> In Australia house prices have been pretty much going up steeply,
 bo> almost continuously for 20 years.  Even on a managers salary, I could
 bo> not buy the house I grew up in, and neither of my parents finished
 bo> school.

 bo> I think prices in the US fell here and there, but here, it is hopeless.
 bo>  Our country is screwed.

Well, that sucks.  But.... I think housing prices have been going up 
steadily in every single country, for longer than 20 years.  Inflation 
is universal.

 Ga>  bo> I'm pretty sure our pollies are deliberately trying to make many of u
 Ga>  bo> homeless.

 Ga> Could very well be true, and here too.  The only defense is as I said
 Ga> above, planning carefully and managing finances to be where you need to
 Ga> be when retirement arrives.  I'm about two years from that, and feel
 Ga> pretty good about where I'm at.

Well, I can't speak for conditions in Australia.  I think it does cut 
it, here in the USA.  The actual problem is that MOST young people do 
not do well with thinking/planning for their future, because they think 
they have all the time in the world.

 bo> That doesn't cut it anymore.  Most people could not buy a house.
 bo> Period.  The prices are so out of kilter for most, its not worth
 bo> scrimping and saving because unless they choose not to eat and not to
 bo> pay tax, housing is not an option.

 bo> The ONLY solution is for prices to fall.  No major party here, no party
 bo> actually, would allow that to happen.  Therefore the problem won't get
 bo> fixed, and young people may as well just give up and fritter away their
 bo> money.

Again, I can't really know or speak about how things are in Australia.  
I'm not saying it's *EASY* to buy a house here in the USA, but it can be 
done, obviously.  I own two of them, and so do both of my kids.  In each 
case the second one is an investment, and will eventually be sold, at 
good profit.

Perhaps you should consider emmigrating to America?  Legally, of course.  
:-)



.... All hope abandon, ye who enter messages here.
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