It certainly is for tenants, you’re way better off financially to buy if you can. But that can be difficult for a lot of people, either because they just don’t earn enough or because they do earn enough but they don’t want to sacrifice their lifestyle today for financial security tomorrow.
I can certainly see both sides of the argument. If you’re an introvert and you aren’t going to go out drinking all weekend anyway then it makes sense to save that money for your own house, but if you’re an extrovert and you’d be depressed if you never went out on weekends, well what’s the point of spending years in misery saving for a house that you’re never going to spend much time in anyway once you have it?
Traditionally the prices are supposed to double every seven years but thanks to the GFC in 2008 there was a huge reset and prices in many Brisbane areas have only recently started moving again after COVID. But that means there’s a lot of “catching up” to do, so everyone is expecting a sudden jump where the prices go up much quicker than normal. Couple that with the upcoming Olympics and it’s easy to see why some people are predicting a massive increase in house prices.
It’s just a shame so many employers want employees back in the office for jobs where remote work is easily doable. Imagine if all those office workers could live and work remotely out in country towns where they are desperate for more people to keep the town running, freeing up inner city housing and making it much more affordable for those people whose jobs cannot be done remotely. Not to mention cutting down on peak hour traffic. It seems like a win/win but no, managers have begun to realise how unnecessary they are so we can’t have that, everyone has to fill up the roads commuting and live close to the city to keep house prices high, even when it’s completely unnecessary.
Commercial property owners in Brisbane CBD want people TO COME IN ON THE GOAT TRACK COMMUTE
And thats a really good way to keep their prices DOUBLING EVERY SEVEN YEARS!
It certainly is for tenants, you’re way better off financially to buy if you can. But that can be difficult for a lot of people, either because they just don’t earn enough or because they do earn enough but they don’t want to sacrifice their lifestyle today for financial security tomorrow.
I can certainly see both sides of the argument. If you’re an introvert and you aren’t going to go out drinking all weekend anyway then it makes sense to save that money for your own house, but if you’re an extrovert and you’d be depressed if you never went out on weekends, well what’s the point of spending years in misery saving for a house that you’re never going to spend much time in anyway once you have it?
Exactly rent money IS ded money
AND THE PRICES GO UP DOUBLE EVERY 7 YEARS
THATS WHAT THE AGENT IN HIS 3 SIZES TOO SMALL TAROCASH SUIT SAID TO ME ANYWAY
Traditionally the prices are supposed to double every seven years but thanks to the GFC in 2008 there was a huge reset and prices in many Brisbane areas have only recently started moving again after COVID. But that means there’s a lot of “catching up” to do, so everyone is expecting a sudden jump where the prices go up much quicker than normal. Couple that with the upcoming Olympics and it’s easy to see why some people are predicting a massive increase in house prices.
It’s just a shame so many employers want employees back in the office for jobs where remote work is easily doable. Imagine if all those office workers could live and work remotely out in country towns where they are desperate for more people to keep the town running, freeing up inner city housing and making it much more affordable for those people whose jobs cannot be done remotely. Not to mention cutting down on peak hour traffic. It seems like a win/win but no, managers have begun to realise how unnecessary they are so we can’t have that, everyone has to fill up the roads commuting and live close to the city to keep house prices high, even when it’s completely unnecessary.
Commercial property owners in Brisbane CBD want people TO COME IN ON THE GOAT TRACK COMMUTE
And thats a really good way to keep their prices DOUBLING EVERY SEVEN YEARS!