Comments on: First Time Home Buyers in Australia Getting in Over Their Heads

By: pgrundy

pgrundy — Wed, 01 Apr 2009 11:12:30 +0000

Wow, I can’t imagine how young people can do it at all at those prices–Wages must be much better over there. Here it’s so hard to even crack $50k, which is the median household income, but most of the US population makes less than $55K and a third of it makes under $25K. It sounds like just to get into the market over there you’d have to have a joint income of at least 100K.

Here, as you know the situation is the reverse. Can’t GIVE some of this real estate away. It’s so surreal.

By: Elisabeth Sowerbutts

Elisabeth Sowerbutts — Mon, 23 Mar 2009 13:34:57 +0000

hmm investment-gan younger people are often the first to lose their jobs when the recession comes... Elisabeth Sowerbuttss last blog post..Natasha Richardson Dead

By: investment-gan

investment-gan — Sun, 22 Mar 2009 12:51:49 +0000

I think this is a good news. First time home buyers are usually young so most likely they can pay back over the years. investment-gans last blog post..Choosing Your First Home