Do you own your home ?

[mina1929]

Well, I've a friend willing to put me up in the interim, which is less than ideal as that'll be her, her 3 kids, roommate, 2 dogs and cat...throwing me in the mix with 2 more dogs and 2 cats (and if anyone knows me at all, they'd know I'd live in a tent in a forest with the 2 dogs before I'd part with either of them).

My big problem is finding a place that's 1.pet friendly and 2. has a yard while 3. still fits into a budget I can carry monthly. And this is a pretty small town with few options.

The crappy part, is not only will I have to move twice (moving/trucks fees I can't afford) but I'm pretty much going to have to scrap more than half my belongings since there's pretty much no way I can keep the furniture I've accrued over the years there.

Lemmie tells ya, I was realllllly hoping that TDKR FS would have popped for me


These things tend to work out; so I've faith.
That or I'll be in the looney bin with the stress

I really do wish you so much luck, I hope it will happen very soon

 

[Harry_BKK]

True... but by the time it's paid off, it's WORTH 2-4 times the purchase price - you have to remember that. (At least, in the UK it is).
e.g. a friend of mine just sold the house he bought in the mid-80's for £37,000 - and got £475,000!

I also got on the housing ladder in the mid-80's, thank god. Now, after 2 re-mortgages, I only have a couple of years more to pay.
House prices in most of the UK are totally INSANE. I honestly fear for my kids - if we don't help them (which hopefully we will be in a position to do by the time they leave home) I can't see how they could EVER buy their own place. It makes me sick

KK

If you are one of the lucky ones to have bought late 70's - 80's.

The increase in value is not guaranteed. My brother and me still own together our family house&property in Romania, 2007 it was worth 200K EUR and rising fast due to Brasov Airport to be build and some major clinics just few miles from the village. 2008 came then the big stopper, the airport is still not finished, clinics were not build and the value is just about creeping slowly up again to around 40K.

The UK is somewhat special for the housing market as you have a big percentage of home owners. The first houses are mostly used to trade up for larger ones as the years go by and to make a nice profit, hence the prices sky rocketed. I bought mine in the Midlands in 1998 and sold it in 2002 for double the price, and i had nothing done to it, e.g. renovations or the sort.

But you are right, i think sometimes too, how will the next generation be able to pay for a house unless they have some super highly paid jobs.

 

[KasinoKing]

The increase in value is not guaranteed. My brother and me still own together our family house&property in Romania, 2007 it was worth 200K EUR and rising fast due to Brasov Airport to be build and some major clinics just few miles from the village. 2008 came then the big stopper, the airport is still not finished, clinics were not build and the value is just about creeping slowly up again to around 40K.

Don't you mean 400K?

We bought a house in the Czech Republic 10 years ago (VERY cheap by UK standards): 2 years ago we had it valued - and it was still worth exactly the same!
Mind you, that's probably the same story across most of Eastern Europe, as since joining the EU half the population has moved to the UK leaving a massive surplus of housing stock!

KK

 

[Harry_BKK]

Don't you mean 400K?

We bought a house in the Czech Republic 10 years ago (VERY cheap by UK standards): 2 years ago we had it valued - and it was still worth exactly the same!
Mind you, that's probably the same story across most of Eastern Europe, as since joining the EU half the population has moved to the UK leaving a massive surplus of housing stock!

KK

It is 40K indeed, unfortunately.

The house was build in 1824, hence not the most modern pad, additionally after our emigration the Romanian government let some gypsies live in it for some 20 years and they never done any work on it. We evicted them once we managed to have it returned to us by the courts (took more than 15 years) , but I'm afraid the damage was already done. Hence it is in a very poor state, the property though is massive, you could build at least 20 houses on it, each with a good sized garden and double car garage.

Not only did the young generation leave the country, but the former Eastern Bloc countries were hit much harder by the 2008 crisis and the recovery will take longer. It will be OK once they finished that airport, runway is done, just no terminal building. Estimates are that it will be 2019-2020 before the first planes will take off, so more patience is needed.

 

[mina1929]

I am renting, never owned a home as I am single with a single income. The houses in Australia are way too expensive even renting.

I lived in my place for over ten years now with my son and daughter. Daughter moved out now to follow her career.

I am pretty lucky as I will never have to move from here and I love the area

Living costs are expensive especially electricity, food, petrol etc

I would've loved to own my own home but would not be happy to pay the mortgage for the rest of my life, land rates and water on top of that. My sister owns her own home being single herself paying the mortgage etc she finds it hard to get the funds to do repairs on her home which is slowly falling apart

 

[The Dude]

You may be interested to know that 40% of our traffic at Casinomeister is 25-34 years old. And I would guess that most of these youngins don't own houses outright - yet.

18-24 year old peeps represent 15% of the traffic. I wouldn't expect them to own houses unless they inherited them.

Oldtimers like me - 55-64 - is 6% of our traffic. Yep, I own my home.

Now this is our traffic which includes all visitors. It's hard to say what the actual forum membership is age-wise.

 

[geordiecolin]

Well, I've a friend willing to put me up in the interim, which is less than ideal as that'll be her, her 3 kids, roommate, 2 dogs and cat...throwing me in the mix with 2 more dogs and 2 cats (and if anyone knows me at all, they'd know I'd live in a tent in a forest with the 2 dogs before I'd part with either of them).

My big problem is finding a place that's 1.pet friendly and 2. has a yard while 3. still fits into a budget I can carry monthly. And this is a pretty small town with few options.

The crappy part, is not only will I have to move twice (moving/trucks fees I can't afford) but I'm pretty much going to have to scrap more than half my belongings since there's pretty much no way I can keep the furniture I've accrued over the years there.

Lemmie tells ya, I was realllllly hoping that TDKR FS would have popped for me


These things tend to work out; so I've faith.
That or I'll be in the looney bin with the stress

I am so sorry to hear about your situation buddy.
I know that it is very impertinent of me to suggest this but if ever a promo offer that those wonderful folk at RIZK gave to Jonmincher where to happen again then I would vote for you to be the next recipient. Though that notion is not something to pin any hopes on.
Good luck mate

 

[hedgehok]

@OP: Don't be embittered. You have 4 healthy children and every reason to be happy.

I'm 32 and I'm doing quite decent financially.

I don't have a family yet so basically all the monthly surplus goes into the savings account (stocks, gold, some treasuries and bonds). If I ever decide to buy a house here which is roughly between €350,000 - €600,000 (rural Mainz/Frankfurt area) I will be able to deposit more than 20% and will have support from my family so it should be fine.

However many of my friends and people I know are having a very hard time to ever own their own property or will need to work to 70 to get it paid off. Some of them shouldn't really buy a house but they obviously feel the pressure when all of their friends/colleagues buy a house they should too while interest rates are low. I think this is a terrible mistake - at some point in time interest rates will go up again and they will struggle to pay their amortisation.

We got some 30-40 refugee families in our small town and the housing situation was rough before they came so I expect prizes to rise further same as rental expenses for tenants.

 

[goatwack]

@OP: Don't be embittered. You have 4 healthy children and every reason to be happy.

I'm 32 and I'm doing quite decent financially.

I don't have a family yet so basically all the monthly surplus goes into the savings account (stocks, gold, some treasuries and bonds). If I ever decide to buy a house here which is roughly between €350,000 - €600,000 (rural Mainz/Frankfurt area) I will be able to deposit more than 20% and will have support from my family so it should be fine.

However many of my friends and people I know are having a very hard time to ever own their own property or will need to work to 70 to get it paid off. Some of them shouldn't really buy a house but they obviously feel the pressure when all of their friends/colleagues buy a house they should too while interest rates are low. I think this is a terrible mistake - at some point in time interest rates will go up again and they will struggle to pay their amortisation.

We got some 30-40 refugee families in our small town and the housing situation was rough before they came so I expect prizes to rise further same as rental expenses for tenants.

Cue inevitable "Immigrants get too many prizes" thread

 

[dionysus]

Just some pics of where I live (well, at least until Thursday)

https://www.casinomeister.com/forums/threads/74133/

 

[Mousey]

Twas a relief when mortgage paid off. However like Jas, just usual little maintenance things that I can't do myself run into $$, not to mention larger expenses - like new central A/C system last year - which took a huge chunk. I've tried over the years to keep $ in a little savings account separate for these sort of things, but problem is, I can't pay myself back now when I have to dig into those funds. The homeowners insurance and annual property tax are not cheap, and I live in a rural county/small town where things are still comparatively reasonable.

Having said all that, renting a decent house or apt here would have cost twice as much as my house payment (which had included the insurance and taxes).

For those wishing they owned for their older years, take into consideration that many choose to sell and then rent when not wanting the yard, the maintenance, the utility bill for 3 extra rooms they never use. Around here, this house will sell for twice the original asking price - BUT when you add in the interest paid to the bank for 23 years, I possibly could sell for just about the equivalent of the total money put into buying this now 50 year old house.

There's a heck of a lot to consider when buying a home.

 

[KasinoKing]

You may be interested to know that 40% of our traffic at Casinomeister is 25-34 years old. And I would guess that most of these youngins don't own houses outright - yet.

18-24 year old peeps represent 15% of the traffic. I wouldn't expect them to own houses unless they inherited them.

Oldtimers like me - 55-64 - is 6% of our traffic. Yep, I own my home.

Now this is our traffic which includes all visitors. It's hard to say what the actual forum membership is age-wise.

Can I just ask - how do you know the age of visitors who haven't signed-up an account at the forum?

KK

 

[geordiecolin]

Can I just ask - how do you know the age of visitors who haven't signed-up an account at the forum?

KK

There are no figures for the over 64's because this online slots mallarky is liable to do away with you before you reach retirement age

 

[neilw]

Can I just ask - how do you know the age of visitors who haven't signed-up an account at the forum?

KK

Probably Google Analytics, it gives a breakdown of the demographics of traffic, age range & sex.

How Google determines demographic information
When someone visits a website that has partnered with the Google Display Network, Google stores a number in their browsers (using a "cookie") to remember their visits. This number uniquely identifies a web browser on a specific computer, not a specific person. Browsers may be associated with a demographic category, such as gender, age range, or parental status, based on the sites that were visited.

In addition, some sites might provide us with demographic information that people share on certain websites, such as social networking sites. We may also use demographics derived from Google profiles.

 

[Jasminebed]

For those wishing they owned for their older years, take into consideration that many choose to sell and then rent when not wanting the yard, the maintenance, the utility bill for 3 extra rooms they never use. Around here, this house will sell for twice the original asking price - BUT when you add in the interest paid to the bank for 23 years, I possibly could sell for just about the equivalent of the total money put into buying this now 50 year old house.

There's a heck of a lot to consider when buying a home.

Around here, it's usually about the same to rent a house as to make a mortgage payment and property taxes. You would not have the major repairs to contend with as a rentor, but you also don't have any of the money back in equity either at the end of term. You rent a house, you pay the utilities, same as if you owned and lived in it.

If you rent a house, you face as Dion is currently, or MissMonopoly, having your landlord sell the property.

Rent an apartment, and you don't face that same risk usually.

Renting out part of all of your home is not without risks either. There have been very few tenants over 11 years (at two different period of my life) I've had tenants leave without being owed something. You need to have the income to make the payments whether or not they pay their rent.

However, I still strongly believe that home ownership is one of the best long-term investments you can make.

 

[jjezebel37]

I am so sorry to hear about your situation buddy.
I know that it is very impertinent of me to suggest this but if ever a promo offer that those wonderful folk at RIZK gave to Jonmincher where to happen again then I would vote for you to be the next recipient. Though that notion is not something to pin any hopes on.
Good luck mate

Definitely agree with this.

 

[Wild Reels]

I've just bought my first house at 41, with a moderate sized mortgage which is down to having sensible parents on both sides rather than any of my financial savvyness, previous to that i was renting an awful 2 bed terrace, although this didnt bother me at all, but seemed to bother everyone else

What having to pay a mortgage and owning a house has done is to re-evaluate my spending, not in a too dramatic way, but i've certainly made sure all bills get paid asap, and money gets saved before i play slots, hence less win videos and or loss sessions

And I'm working more than ever, with normal job +website on days off.

 

[Tirilej]

I forgot what I said. You do that too

 

[interlog]

I was lucky to have paid off my mortgage when I was 45 years of age. Lucky I bought the property dirt cheap when I started the 25 year mortgage term.

Had I rented the property I would have paid the equivalent in rent with nothing to show for.

 

[vinylweatherman]

Probably Google Analytics, it gives a breakdown of the demographics of traffic, age range & sex.

How Google determines demographic information
When someone visits a website that has partnered with the Google Display Network, Google stores a number in their browsers (using a "cookie") to remember their visits. This number uniquely identifies a web browser on a specific computer, not a specific person. Browsers may be associated with a demographic category, such as gender, age range, or parental status, based on the sites that were visited.

In addition, some sites might provide us with demographic information that people share on certain websites, such as social networking sites. We may also use demographics derived from Google profiles.

Surely this wouldn't work on Casinomeister as we are forever clearing out our cookies and cache on the advice of casino support


I bought this house with a work colleague back in 1986. It was a mathematical decision, the mortgage payments were slightly cheaper than the rent, and prices were going up fast. We probably bought just in time as the place doubled in value, then halved in value back to where it started during the 90's crash. At this point, we used our split agreement, I bought him out (didn't cost much thanks to the crash), took over the mortgage, and he bought his own place close to the bottom of the market. We could manage this because our incomes had risen sufficiently to qualify for a mortgage each, whereas in 1986 we only just managed to scrape a joint mortgage.

The problem with the UK is that private renting offers virtually no long term stability in most cases. You sign a 12 month agreement with the option to renew for a further 6 or 12 months. You can never be sure that the landlord will agree to you renewing at the end of the year even if you have been a good tenant. I did rent before buying for 2 years, and in 2 places in those 2 years. We had to rent as a group because even then rents were pretty high. Both rental places were in the "immigrant part of town", so were a bit cheaper, but I don't recall this ever being a problem as it seems to be now with all the "hate wars" between members of different communities. It was also nice to find the local shop still open when I got back from work as in the 1980's most shops still shut at 5:30pm, 6pm if you were lucky.

If you can get a "council house", now in short supply and high demand, then renting DOES offer longer term stability and you can make it your home for a number of years, even decades. Many people stay in the same council house for life, although the government is now trying to free up bigger houses by using the big stick of "bedroom tax" to make people downsize once their kids have left home, which often means many middle aged people get forced out of the homes they raised their families in.

 

[goatwack]

Having my own home sure would be swell. My landlord is selling the house and I have to be out in the next 4 days and havent managed to find a new one.

Ya, life's sucking hard right now.

Dude, what's happening with your situation? Found anywhere yet?

 

[dionysus]

Dude, what's happening with your situation? Found anywhere yet?

Sadly no - pretty chitty day here lol, as I'm packing; even had to sell a few things that I can't store.

 

[goatwack]

Sadly no - pretty chitty day here lol, as I'm packing; even had to sell a few things that I can't store.

Sorry to hear that......been a pretty rough month for you by the looks of it, starting with the phone

You got some mates you can crash at? family?

 

[dionysus]

Oh ya, won't be on the street or anything. Just a totally unideal sitation as I'm looking.
Paying storage fees and peeps to help move stuff aint helping lol

 

[goatwack]

Best of luck to you Dionysus, you're going through a bad patch but I'm sure it'll sort itself out in time

 

[dionysus]

I'm an optimist (well pragmatist mostly lol) - but I do believe if there ain't shitty days, you can't appreciate the good ones.

 

[lockinlove]

Im in my early 30's and will be buying my first home in October. Ill tell you one thing, you need to have a very good job or both need decent jobs to afford anything in this province (Ontario). Where I currently live which is about 30 mins north of Toronto, the house we need/want are about $750,000. So we are moving a little further north and can get the same house for $450,000. We are very excited and have worked and saved long and hard for this day.

I cannot wait to stop paying someone elses mortgage and pay for my own.

 

[slotmaster]

Im in my early 30's and will be buying my first home in October. Ill tell you one thing, you need to have a very good job or both need decent jobs to afford anything in this province (Ontario). Where I currently live which is about 30 mins north of Toronto, the house we need/want are about $750,000. So we are moving a little further north and can get the same house for $450,000. We are very excited and have worked and saved long and hard for this day.

I cannot wait to stop paying someone elses mortgage and pay for my own.

So are you moving here to Barrie?

 

[Harry_BKK]

Im in my early 30's and will be buying my first home in October. Ill tell you one thing, you need to have a very good job or both need decent jobs to afford anything in this province (Ontario). Where I currently live which is about 30 mins north of Toronto, the house we need/want are about $750,000. So we are moving a little further north and can get the same house for $450,000. We are very excited and have worked and saved long and hard for this day.

I cannot wait to stop paying someone elses mortgage and pay for my own.

Or maybe Kitchener?

Got some friends and very distant relatives there

 

[Harry_BKK]

I'm an optimist (well pragmatist mostly lol) - but I do believe if there ain't shitty days, you can't appreciate the good ones.

Remember pretty much everything in this universe is happening in waves. Up and down and for sure up again

I face the prospect of moving every few months when i apply for a visa renewal. Would have to move instantly to a different country should the Thai authorities decline it.

However, not totally comparable to your situation as i own very little; only 2 suitcases, 1 laptop and 1 coffee maker is all what i would have to drag along with me.

Fingers crossed that you'll have a solution soon.

 

[lockinlove]

So are you moving here to Barrie?

Actually about 20 mins away. Just outside of Alliston. Right now Im in Newmarket.

 

[lockinlove]

Or maybe Kitchener?

Got some friends and very distant relatives there

Ahhh. I go there a few times a year. We have family there. Lots of family actually

 

[dionysus]

Barrie, Alliston and Wasaga...practically neighbours in townie terms

 

[Harry_BKK]

Ahhh. I go there a few times a year. We have family there. Lots of family actually

LOL...

Kitchener has a large population of Transylvanian Saxons, mainly 2nd, 3rd and 4th generation after many WWII POW's decided to settle in Canada after their release. I was born in Transylvania, hence the VERY distant relatives. My great grandfather (mother side) settled there and I visited them twice in 2001 and 2002 when i found out that they exist. Was doing my family tree when i stumbled across them

They even have their own 'Oktoberfest' and club in Kitchener to keep their traditions alive:

You do not have permission to view link Log in or register now.

 

[lockinlove]

Oh you're in Wasaga dionysis? Thats cool. Ive been to the beach a couple times. I have a friend that lives there and havent seen forever. My brother actually got his eyebrow pierced on that strip when we were in our 20's lol.

Ill be moving to Allisontish area in the next month or two to start the buying process. Will be a change from the city life working and living in Toronto/Newmarket. God I hate driving in Toronto.

 

[lockinlove]

LOL...

Kitchener has a large population of Transylvanian Saxons, mainly 2nd, 3rd and 4th generation after many WWII POW's decided to settle in Canada after their release. I was born in Transylvania, hence the VERY distant relatives. My great grandfather (mother side) settled there and I visited them twice in 2001 and 2002 when i found out that they exist. Was doing my family tree when i stumbled across them

They even have their own 'Oktoberfest' and club in Kitchener to keep their traditions alive:

You do not have permission to view link Log in or register now.

thats cool.

My two aunts, three uncles, a bunch of cousins and grandparents live there. My dad, other grandmother and other aunt were buried there when they passed.

So yeah aside from my bro, sis and mom..the rest of my family is there

 

[Jasminebed]

Had a hoot at Oktoberfest in my early twenties, and greatly enjoyed the huge indoor farmer's market.

It's the largest Oktoberfest outside of Munich I believe.

 

[cnichas]

SA realisation

Wow reading all the posts here is really hectic for me looking at what the property costs are from the various country's you guys live in,
I'm 34 been renting since my early twenty got divorced 3 years ago and decided to move back to my folks in an outside a apartment / cottage which I'm loving
Here in SA the Rand is terribly weak and volatile a year ago it was R10 to 1$ now it's R16 to 1$ few years before that it was R6 to 1$
The crime here is hectic so you forced to live in a secure Estates with electric fencing and armed response so it's stressful but looking at property prices overseas with the same money here you would have a mansion with pool at least 4 rooms garden and staff quarters
I'm a Greek south African 3rd generation and luckily could leave this crime ridden corrupt country but from the looks of it I would be living in a shack with those prices abroad

 

[vinylweatherman]

Wow reading all the posts here is really hectic for me looking at what the property costs are from the various country's you guys live in,
I'm 34 been renting since my early twenty got divorced 3 years ago and decided to move back to my folks in an outside a apartment / cottage which I'm loving
Here in SA the Rand is terribly weak and volatile a year ago it was R10 to 1$ now it's R16 to 1$ few years before that it was R6 to 1$
The crime here is hectic so you forced to live in a secure Estates with electric fencing and armed response so it's stressful but looking at property prices overseas with the same money here you would have a mansion with pool at least 4 rooms garden and staff quarters
I'm a Greek south African 3rd generation and luckily could leave this crime ridden corrupt country but from the looks of it I would be living in a shack with those prices abroad

This is true for many Brits who live in the south of the country, especially London which has become detached from reality with regard to property prices. If you sold your SA mansion with staff quarters to move to London, the estate agent would struggle to contain their laughter when you tell them what your budget is, and might suggest you look at towns with good rail links to London instead. Prices are high in much of the South East BECAUSE people live in these "commuter towns" and take the train into work in London. This demand surrounding London pushes prices up, and further up the closer the town is to London. Brits tend to be a conservative lot, and there are a few specific places like Spain and France that attract us, even though we could do better by looking further afield, especially in parts of Eastern Europe where property prices have not been driven up far since the collapse of communism. In some places they have even fallen since shortly after communism.

 

[dunover]

Wow reading all the posts here is really hectic for me looking at what the property costs are from the various country's you guys live in,
I'm 34 been renting since my early twenty got divorced 3 years ago and decided to move back to my folks in an outside a apartment / cottage which I'm loving
Here in SA the Rand is terribly weak and volatile a year ago it was R10 to 1$ now it's R16 to 1$ few years before that it was R6 to 1$
The crime here is hectic so you forced to live in a secure Estates with electric fencing and armed response so it's stressful but looking at property prices overseas with the same money here you would have a mansion with pool at least 4 rooms garden and staff quarters
I'm a Greek south African 3rd generation and luckily could leave this crime ridden corrupt country but from the looks of it I would be living in a shack with those prices abroad

I used to live there in the east, Natal north of Durban. Crime wasn't as bad as in Gauteng or Transkei but yes the security van was still used by most residents and usually dogs. I thought maybe Namibia would be a good place to go to, bit more peaceful?
You could live very well if you had a £ or $ income.

 

[cnichas]

This is true for many Brits who live in the south of the country, especially London which has become detached from reality with regard to property prices. If you sold your SA mansion with staff quarters to move to London, the estate agent would struggle to contain their laughter when you tell them what your budget is, and might suggest you look at towns with good rail links to London instead. Prices are high in much of the South East BECAUSE people live in these "commuter towns" and take the train into work in London. This demand surrounding London pushes prices up, and further up the closer the town is to London. Brits tend to be a conservative lot, and there are a few specific places like Spain and France that attract us, even though we could do better by looking further afield, especially in parts of Eastern Europe where property prices have not been driven up far since the collapse of communism. In some places they have even fallen since shortly after communism.

You spot on with that, I have family who moved to London when the Rand was at least slightly competitive and they have done well financially there and when they come here it's almost a joke to them when see the prices of things for them it's penny's for us it's pricey, but if by some miracle I hit the mega fortune jackpot which I play at least 10€ on weekly then I do believe I will say farewell to sunny corrupt SA and perhaps head for a Thailand and live like a king
Well in my dreams anyway

 

[cnichas]

I used to live there in the east, Natal north of Durban. Crime wasn't as bad as in Gauteng or Transkei but yes the security van was still used by most residents and usually dogs. I thought maybe Namibia would be a good place to go to, bit more peaceful?
You could live very well if you had a £ or $ income.

Natal is probably the best place in SA but I agree with you either Namibia or Botswana

 

[MissRuthless]

You may be interested to know that 40% of our traffic at Casinomeister is 25-34 years old. And I would guess that most of these youngins don't own houses outright - yet.

18-24 year old peeps represent 15% of the traffic. I wouldn't expect them to own houses unless they inherited them.

Oldtimers like me - 55-64 - is 6% of our traffic. Yep, I own my home.

Now this is our traffic which includes all visitors. It's hard to say what the actual forum membership is age-wise.

Owning maybe not for that age bracket.
However in process of purchasing, or considering which is a smart move when so young as I said previously to think Very far into your own future.

I am renting, never owned a home as I am single with a single income. The houses in Australia are way too expensive even renting.

I lived in my place for over ten years now with my son and daughter. Daughter moved out now to follow her career.

I am pretty lucky as I will never have to move from here and I love the area

Living costs are expensive especially electricity, food, petrol etc

I would've loved to own my own home but would not be happy to pay the mortgage for the rest of my life, land rates and water on top of that. My sister owns her own home being single herself paying the mortgage etc she finds it hard to get the funds to do repairs on her home which is slowly falling apart

Yes and No, this is the same on going arguement for some time now in Australia and the choices are there for a person but they are too damn lazy and want everything on their doorstep. Not for all but alot.

Of course if you live in the CBD or on it's door steps it is going to cost a fortune.

Buying as I have said as well, is possible for alot of people but again same for renting or buying alot of people *not all* want to live right in the city or very close to it, this is going to cost you a high price.

Outter is cheaper and not always worse or bad. Just depends what you want and are willing too pay and or can pay/re-pay.

I am 45 minutes or so outter Melb, I love it and would Never want to live in the city or inner to it. No Thanks.
Rent out here is cheaper though it is expensive for newer properties or brand new ones alot going now for $370+ and not all of them are large inside either.

I am sure alot of people would be purchasing homes and happy to move outter from the city to be able to do so, but are stuck, with paying rent and trying to save a deposit inbetween rent payments, normal bills and so forth.
That is where it is hurting a lot of people, especially families coming up with the initial deposit then you have stamp duty as well and legal fee's, transfers etc $10k+ on top of the initial deposit.

I am just Bitter I guess, and again like I said pages back, when reality hits you it Hurts, and it Hurts and aches and hurts further that you cannot change what you so desperately want, to own a home for alot of different reasons in why.. and you left it for far to Long and now are in the age bracket where it really is near impossible to go ahead and pursue. It hurts. A lot.

And renting is not stable anymore, has not been for a long time, so you never know how long you are going to be in the property you are in. Contracts are 1 year minimum, it is rare that they are ever done for more then 1 year at a time, unless commercial.

So you never really feel comfortable or at ease too relax into the property because you just don't know how long your staying. And are restricted in what you can or cannot do and so forth anyway. /sigh
I have a house inspection in 2 weeks, and landlord may be present, so from past experiences every time this occurs usually the house will be sold and marching orders are up. Will just have to wait and see what happens.

In our case that is not too much of a bad thing, as we are currently in the middle of looking to move anyway and have been for months, but we cannot find a house so far that is going to suit us, family of 6.
Price wise, size wise internally and externally, location huge factor to be in the same vicinity for children's high schools and primary schools, to keep them in the same one's is very important to us as well.

It just Sucks!!!....

And honestly I could ramble all damn day and night over and over and over again, and guess what ? Even some more
............... But I think I am now done, for now at least anyway!

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[slotmaster]

Still have no idea what I am going to do.
Was looking a bit and fooling around with mortgage calculators but not looking good.

Unless I can find a woman which having no luck with that either.

 

[timmy19733]

Got my own crib since I was 26 and it is really MY crib. Maybe I move out of the city when I am older, but right now I love it.

 

[Jono777]

Still have no idea what I am going to do.
Was looking a bit and fooling around with mortgage calculators but not looking good.

Unless I can find a woman which having no luck with that either.

You need to try harder mate

There are some beautiful Canadian female members here, just cross your fingers that they're single...or naughty

 

[jjezebel37]

You need to try harder mate

There are some beautiful Canadian female members here, just cross your fingers that they're single...or naughty

Now now lol

 

[slotmaster]

Single and naughty works.

 

[slotmaster]

oh ya their is something I am looking at which would add commute time but I do want to get out of this city as well but one problem is it's leased land, so you would have that lease payment and the mortgage payment which would be about what one would pay for rent here which is too much, But it would be suitable enough as far as I know.

Anyway it would make sense for me to find a side income aka my own business first, Then set up for own place then get out of my current employment with said own business if I am making the same or more with it or just a new job. That would be the perfect order but who knows lol.

 

[Jono777]

Single and naughty works.

Indeed

but married and naughty (given half the chance ) is so much more exciting