Quote Originally Posted by Saintly View Post
It is an issue that is hard to address.

My only thought is buy cheap housing (removing all emotions), if it exist...

If it is far, that's the sacrifice but at least... it's a foot in the door.... repay half of that and you would no doubt have more than two deposits (and while repaying) the prices should be steady or rising because let's face it... property prices are not going to take a dive. If they are .. they are not intangible objects like shares.
Agreed certainly.

The renting out in the sticks argument has been raised. But there's a counter to that. By moving further out you're subjecting yourself to a double whammy. There's the mortgage on the one hand then there's the petrol pump on the other. With petrol prices soaring and more activities in the inner metropolitan areas, your buying yourself into trouble. Petrol prices aren't going to go away so even if you make that sacrifice it's a zero sum game. Buying that house in whoop-whoop wasn't that good an idea after all.

And that turns us to the issue of dismal state of public transport in Australia. It's ironic how all these problems are so interrelated but all require a lot of pain in the short-term to gain long-term benefits.

Man, I feel like a glass half full type of guy tonight.