- Sep 2, 2014
- 16,668
- 32,003
- AFL Club
- Hawthorn
- Other Teams
- Liverpool
I love this one. The assumption is that the issue is all about the person.
So if you are on new start which is $277 pw, how much should you spend on rent. Let's say half so you can afford bills, food, clothes and transport (hah)
$137pw
For that you are going to need another person or two to split a 2 or 3 bedroom place with, best bet would be a couple in a two bedder, you might get away with that, 50kms out of town.
So now you're living where public transport is almost non existent, and there aren't any jobs. You can't afford a car out of that other $137 so good luck getting to interviews and a job.
With housing
We bought a **** old house 40kms from town 5 years ago, 3 months after we bought prices where we were had gone up by 25%, we wouldn't have been able to buy in that market, we were lucky to get in. We'd looked further out, I had to be able to get to the city for work, we looked at places that were past the end of the train line but anywhere within half an hour was priced almost the same as the suburb where the train line ended.
When the prices are going up quicker than you can save, and rent keeps going up good luck breaking into the market. Move further out is great but there is only so far you can travel to get to your job before it starts to impact you, not everyone can choose to work closer to where they live.
Then there is the fact that there is no infrastructure where a lot of these so called cheaper houses are. So you got no school, no supermarket, no hospital etc within 30+ minutes of where you live, and you're two hours from work so there goes 4 hours a day just in transport on top of your job, good luck if you have to get the kids to school and get to work.
Sure there are going to be people that want it all, that's nothing new or specific to the current crop of people trying to break into the property market or job market but there are legitimate issues
Correct me if I'm wrong but can't you claim rental assistance as well?