Mega Thread The Random Thoughts Thread Part 1

[Magus]

Very true. Miss feel and I made a pact that we would not visit overseas until we had seen most of what Australia has to offer. Uluru, kata tjuta and kings canyon are seriously amazing.

It's a nice patriotic sentiment but my way of thinking is that you can travel and see Straya when you're an old campaigner with a caravan. You have to be young and fit to travel abroad. **** Bali though.

 

[Steve Dore]

We all go on expensive holidays we can't afford for instagram gratification youse borrowed too much money that you couldn't afford for your 50th investment property so now the economy is stuffed.

I don't own an investment property. Maybe I'm a failed boomer

 

[edgie]

I wonder where they went for honeymoons in the great depression

Base jumping.

 

[Dylan8]

I don't own an investment property. Maybe I'm a failed boomer

Eddie Dingle this guy didn't listen in school

 

[Lagooner]

We all go on expensive holidays we can't afford for instagram gratification youse borrowed too much money that you couldn't afford for your 50th investment property so now the economy is stuffed.

I thought this was gonna be a Durdenesque rant when I started reading it.

 

[Eddie Dingle]

Eddie Dingle this guy didn't listen in school

Learn form his mistakes spec mod.

btw I don't feel bad that I own three properties and I'm ruining your life because of it.

I do feel bad the 4.5mil house I love down the road is out of my price range though.

Stupid 98. If I'd studied harder I could get that house.

 

[chiwigi]

lol, so much this. I've not been overseas since my parents took me there when I was like 7. Only times I go interstate is if I drive or for work. All of my holidays have been on the cheap, and they've been ******* fantastic. Drove to Uluru in 2013 with a bunch of mates and the misses in a motorcade. We swagged it at various rest stops for a few bucks a night then stayed in a cabin at Ulara for like 50 bucks each. It's the best trip I've ever done - and I completely remember my overseas trips.

This trip only came about after I had saved and took out a loan to buy my car. The other cars in the group were a dilapidated hilux and a half wrecked triton. Good times.

Has absolutely nothing to do with housing affordability which is based on income to costs, not spending.

What is even more ****ed about this type of attitude is that people forgo real life and experiences to buy an over priced box shelter, making everyone even more insular and continuing the ridiculousness.

Only the tiny 'nations of NZ and Hong Kong are less affordable, and a lot is due to this attitude.

 

[raman]

Has absolutely nothing to do with housing affordability which is based on income to costs, not spending.

Spending is related because it factors in to whether you can rustle up a deposit, not to mention whether you have unsecured debt.

I see Feel's point although we're obviously different people. I don't own property and I've probably spent a good couple of mortgage deposits on travel, wouldn't have it any other way.

 

[5um0F1]

I don't own an investment property. Maybe I'm a failed boomer

I think i have definitely failed this boomer thing, I'm still paying a mortgage after 30 years ...

 

[chiwigi]

Spending is related because it factors in to whether you can rustle up a deposit, not to mention whether you have unsecured debt.

I see Feel's point although we're obviously different people. I don't own property and I've probably spent a good couple of mortgage deposits on travel, wouldn't have it any other way.

Not to affordability it isn't. Affordability indexes are based on an assumption of a 20% deposit having been saved. It takes spending almost completely out of the picture.

 

[Eddie Dingle]

Has absolutely nothing to do with housing affordability which is based on income to costs, not spending.

What is even more stuffed about this type of attitude is that people forgo real life and experiences to buy an over priced box shelter, making everyone even more insular and continuing the ridiculousness.

People make choices my Welsh compadre.

Sure some are coming from further back than others but at different stages of our lives we make choices.

These choices determine outcomes.

 

[Doctor Feel]

Spending is related because it factors in to whether you can rustle up a deposit, not to mention whether you have unsecured debt.

I see Feel's point although we're obviously different people. I don't own property and I've probably spent a good couple of mortgage deposits on travel, wouldn't have it any other way.

This basically captures it. You can go on trips and spend whatever but understand you can't have it both ways. You build an empire or you live in the moment, completely up to you but the point is - don't get upset when you can't afford a house because "muh cost of living" because you piss your paychecks up the wall or are loaned up to your eyeballs paying for trips, tvs or anything else. There is only so much you can lean on a government in terms of expectations.

 

[Doctor Feel]

Lol speaking of giving jobs to people you know.

Doctor Trying To Get Unemployed Friend A Doctor Job

http://www.theonion.com/article/doc...tm_source=Facebook&utm_medium=SocialMarketing

 

[Portia]

I'd like to nominate this thread for Most White Guy Thread Of The Week

 

[bomberclifford]

Thanks to the Boomers ******* everything up

Wouldn't your parents be Boomers?

 

[Doctor Feel]

I'd like to nominate this thread for Most White Guy Thread Of The Week

Says the queen of the millenials.

 

[Steve Dore]

Wouldn't your parents be Boomers?

Proof that boomers have ruined the world.

 

[Portia]

Says the queen of the millenials.

Thats how I know.

Seriously though, you've just said you don't have any real connection to your mum because she was a single mum working an unhealthy 15hrs a day, and you conclude that the system is working.

Like thats exactly whats wrong with the system. Thats hugely sad.

 

[Dylan8]

Wouldn't your parents be Boomers?

Yes they personally ****ed it all up

 

[Eddie Dingle]

Thats how I know.

Seriously though, you've just said you don't have any real connection to your mum because she was a single mum working an unhealthy 15hrs a day, and you conclude that the system is working.

Like thats exactly whats wrong with the system. Thats hugely sad.

Yeah it is sad.

But at least he has made a conscious decision to not let it define him as a person.

 

[Magus]

This basically captures it. You can go on trips and spend whatever but understand you can't have it both ways. You build an empire or you live in the moment, completely up to you but the point is - don't get upset when you can't afford a house because "muh cost of living" because you piss your paychecks up the wall or are loaned up to your eyeballs paying for trips, tvs or anything else. There is only so much you can lean on a government in terms of expectations.

Haven't we already established that not everyone living below the breadline is an alcoholic or a compulsive spender?

Not being able to save money might be as simple as having a baby and losing 50% of your income as a couple. Ok, so one of you goes back to work. How much is childcare costing you versus staying at home and being there for your kid?

If you earn the average wage, it's almost impossible to save for a house while renting unless you're a couple without children IMO.

 

[Eddie Dingle]

Thats how I know.

Seriously though, you've just said you don't have any real connection to your mum because she was a single mum working an unhealthy 15hrs a day, and you conclude that the system is working.

Like thats exactly whats wrong with the system. Thats hugely sad.

By the way I am not at any stage saying the system is working.

I am advocating ****ing the system and winning.

 

[Eddie Dingle]

Haven't we already established that not everyone living below the breadline is an alcoholic or a compulsive spender?

Not being able to save money might be as simple as having a baby and losing 50% of your income as a couple. Ok, so one of you goes back to work. How much is childcare costing you versus staying at home and being there for your kid?

If you earn the average wage, it's almost impossible to save for a house while renting unless you're a couple without children IMO.

Having a baby is a choice yeah?

 

[bomberclifford]

Yes they personally stuffed it all up

What I meant was, didn't they get the benefits of being Boomers that you've been taking about?

Won't you and your siblings benefit from this at some point, over and above the benefit you've already had in being the children of a generation that had all the benefits that have been pointed out in this thread?

My advice to Millenials is just sit tight, you have the sheer weight of numbers, like the Boomers before you, so that when the Great Boomer Extinction Event occurs, you'll be in the prime position to reap the rewards.

Gen x and even some Gen y will be too old to make the most of it.

inb4: "yeah but I want it NOW!!"

 

[Dylan8]

What I meant was, didn't they get the benefits of being Boomers that you've been taking about?

Won't you and your siblings benefit from this at some point, over and above the benefit you've already had in being the children of a generation that had all the benefits that have been pointed out in this thread?

My advice to Millenials is just sit tight, you have the sheer weight of numbers, like the Boomers before you, so that when the Great Boomer Extinction Event occurs, you'll be in the prime position to reap the rewards.

Gen x and even some Gen y will be too old to make the most of it.

inb4: "yeah but I want it NOW!!"

Gen X actually misses out though because they'll probably be too old to enter the housing market by the time boomers croke it in 20+ years