I'm a first home buyer. The relief and stress at the same time. - Renting is so stressful. Constantly applying for properties against the rat race, regular inspections and strict agents, being treated like peasants.
Buying is so stressful. Having to save over 140k just for a "cheap" house in Melbourne which is less than the median house price. First home guarantee is the only way to get in and even then, you need to be eligible. How can you save decently if you don't live with your parents and pay excessive rent?
It's all so cooked. Anyways, I have finally tapped in, and now I'm a slave to the mortgage for 30 years but at least it's my home. Not to mention the ~40k you have to pay upfront for stamp duty.Ausfinance
I'm a first home buyer. The relief and stress at the same time. - Renting is so stressful. Constantly applying for properties against the rat race, regular inspections and strict agents, being treated like peasants.
Buying is so stressful. Having to save over 140k just for a "cheap" house in Melbourne which is less than the median house price. First home guarantee is the only way to get in and even then, you need to be eligible. How can you save decently if you don't live with your parents and pay excessive rent?
It's all so cooked. Anyways, I have finally tapped in, and now I'm a slave to the mortgage for 30 years but at least it's my home. Not to mention the ~40k you have to pay upfront for stamp duty.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...