The house next door to me is up for sale, they want $140,000 for a bog standard 3 bedroom house, much the same age as this one, it's nothing special, I've been in it, $140,000...
At this rate I'll never be able to afford to buy a house, I worked it out the largest I could possibly hope to be able to borrow is a max of 100K.. and even that is a bit a stretch, so maybe 90k tops, any more and i'd be stretched too far.
You cant find a decent house for that much money, it wasn't that long ago, thats $140K would have brought me two decent houses in nice suburbs.
Added on top of this was the news that housing affordability in Tasmania has fallen to a new low of 33%, and that the amount of a persons weekly wages required to service housing debt has risen, and we're not talking massive 1/2 mill mortgages like they have in Melbourne and Sydney, we're talking about 150k tops mortgages, on average.
*sigh*
At this rate I'll never be able to afford to buy a house, I worked it out the largest I could possibly hope to be able to borrow is a max of 100K.. and even that is a bit a stretch, so maybe 90k tops, any more and i'd be stretched too far.
You cant find a decent house for that much money, it wasn't that long ago, thats $140K would have brought me two decent houses in nice suburbs.
Added on top of this was the news that housing affordability in Tasmania has fallen to a new low of 33%, and that the amount of a persons weekly wages required to service housing debt has risen, and we're not talking massive 1/2 mill mortgages like they have in Melbourne and Sydney, we're talking about 150k tops mortgages, on average.
*sigh*