View Single Post
Old 21-05-2021, 08:04 PM   #1433
oldel
FF.Com.Au Hardcore
 
Join Date: Nov 2009
Location: Perth
Posts: 1,657
Default Re: Australia housing bubble

Quote:
Originally Posted by Mulva View Post
Our parents working factory jobs and buying houses in 1960s/70s/80s that are now inner/mid suburbs were actually non-desirable outer suburbs back when they built/bought.
That is true, but a pointless comparison that ignores the numbers. 15min drive from old cheap undesirable suburbs back in the day has no comparison to the 1hr commute 50km away, especially in an era with increased traffic and transport costs.
So it's the same, but nothing like it. It didn't cost them 100pw in fuel and a 2hr drive each day in traffic LOL.

Yeah, that's where first home buyers have to go live these days for affordable housing, but it's a huge cost and time burden that previous generations didn't have to put up with.
oldel is offline   Reply With Quote
This user likes this post: