Money is the reason we can't have nice things.

9 years ago

Originally Posted by mbug90

Sure, we have what we need in life, but what we want may make life priceless.

I'm not quite sure what the point of your post is (that everyone should share their wealth with you, perhaps??), but I can say with almost 100% certainty that a luxury home and $50M in your bank account won't make your life "priceless".

The most valuable things in life can't be bought, no matter how much money you have.

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swiftini 9 years ago

Originally Posted by Cali16

The most valuable things in life can't be bought, no matter how much money you have.

Truer words have never been spoken.
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mbug90 9 years ago

Originally Posted by Cali16

The most valuable things in life can't be bought, no matter how much money you have.

Are you saying we are better off without any worldly possessions, with a so-called "abundance" that you cannot even see or hold in your hand?
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onSubie

9 years ago

Originally Posted by mbug90

I wanted to become an affiliate on SwimOutlet.com but they seem to only allow swim teams, coaches and members, to do it. I am not a member of a swim team nor do I intend to be one. What am I supposed to do? Lie?

Anyone can join their affiliate program you do not have to be a member or associated with a swim team or organization.

● Website Owners <--- this is you
● Swimming Enthusiasts <--- this is you
● Swim Teams
● Coaches
● Instructors

You can be a website owner (marketer) or simply a swimming enthusiast- which is just someone who likes the sport of swimming.

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discrat

9 years ago

Originally Posted by mbug90

The REAL reason! There are people who have lots of money in their bank accounts and there are people who want the same amounts in their own. There are awesome things in this world that are unfortunately very expensive.

I dream of living in a luxury home with $50 million in my bank and having all the financial freedom one man could ever ask for. But, I am now 24 years old and my income is no greater than $8000 a year, which is a salary poor people would kill for.

I hear of all these people who use affiliate marketing and make over 9000 livings off of it. But what they market could very likely be a heap of sham. That's what most people online say about Clickbank products. I am hesitant to try affiliate marketing of legitimate products (i.e.: stuff from Amazon). I wanted to become an affiliate on SwimOutlet.com but they seem to only allow swim teams, coaches and members, to do it. I am not a member of a swim team nor do I intend to be one. What am I supposed to do? Lie?

Why can't we share the wealth? Literally, share the wealth? It's not illegal. I know a family member who said the real problem with distribution of wealth was lack of sharing. Wouldn't you love it if greed and envy, both deadly sins, went away? It can happen if we share, share, share.

Sure, we have what we need in life, but what we want may make life priceless.

I got my check in hand with a pen in the other
...just give me your address and I will send and share that money with you right away !

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mbug90

9 years ago

Originally Posted by discrat

I got my check in hand with a pen in the other
...just give me your address and I will send and share that money with you right away !

You must be joking.

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lanfear63

9 years ago

Originally Posted by mbug90

You must be joking.

No, I can assure you he's deathly serious. You happen to be talking to one of the most successful Internet Marketeers on the planet. He loves to give back too.

He lives in the same trailer park right next door to Kelly Felix, you know, The Rich Jerk.

Just pop your Paypal Email in this thread and in the morning you will be pleasantly surprised. It may take a few hours to sift through the few thousand special offer emails he sends you (he's like that) but you should eventually find the Notification Of Payment Received one.

Ok, just being silly, welcome to the bar of the Warrior forum. Interesting post which will be long discussed and probably not end well.

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salegurus

9 years ago

Originally Posted by mbug90

Why can't we share the wealth? Literally, share the wealth? It's not illegal. I know a family member who said the real problem with distribution of wealth was lack of sharing. Wouldn't you love it if greed and envy, both deadly sins, went away? It can happen if we share, share, share.

Yes,lets share the wealth...
I'll take half of that $8K you make, just let me know where i can send my Paypal details...
Much Appreciated...

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Claude Whitacre 9 years ago

Originally Posted by mbug90

You must be joking.

Discrat never jokes about money. I got my check from him last month. It was more money than I've ever seen in one check. He's a true humanitarian.
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- mbug90 9 years ago
  
  Originally Posted by Claude Whitacre
  
  Discrat never jokes about money. I got my check from him last month. It was more money than I've ever seen in one check. He's a true humanitarian.
  
  I am hesitant to disclose my PayPal email here where everyone can see it. It is the same as my primary email and I am worried about receiving hate emails and such.
  
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seasoned

9 years ago

mbug90,

REALLY!??!?!? REALLY!?!?!?!?!?!?!? REALLY????????????? So if we all have a trillion dollars, we would be be able to have ANYTHING? QUICK QUICK QUICK! SOMEONE ask bill gates, Warren buffet, and the Walmart billionares to pool their money to determine what must have been done to make enough to get us that money, or bring about a cure to the evils in this world! One of them can go back and do it. MAN, you must have a 2000 IQ! I have NEVER heard this theory before!

OK, SANITY ON! I have heard MANY state what you did, but it is all BULL!!!!!!!

And YEAH, it kind of IS illegal to share the wealth as you describe. You know what would happen if everyone were suddenly a BILLIONARE? HECK, they even showed this on GILLIGANS ISLAND! It is NOT a mystery! PEOPLE STOP WORKING! They find they can't get ANYTHING, and go back to work, and charge a FORTUNE! It is called INFLATION! So you break the law, and share your wealth equally with all, prepare to pay a similar fine as well as all others do, as the value falls to nothing.

Say you made MINIMUM WAGE last year, and worked the whole year, You would have made close to $20,000! That is a FORTUNE! IMAGINE! In 1951, the average worker made only 2,799.16! OH RIGHT, they came up with ideas like yours! In 1964 it was 4,576.32! OOPS! AGAIN! 1970 it was 6,186.24! OOPS! 1980, 12,513.46! 1990, 21,027.98! 2000, 32,154.82! 2010, 41,673.83!

SO, if YOU were right, you could now make 7 times the average! Of course, and this is KEY, it is SO easy that everyone ELSE would! BUT, for precisely that reason, others make that much more, and you make only like HALF the amount of the average person, instead of the 7 times.

If I became rich beyond my dreams, I would FIRST help those that got me there, THEN my friends, THEN ones that could JUSTLY HELP others, THEN my relatives. Why help a complete stranger such as you that seems to be begging for it? And "helping out" everyone helps NOBODY! In a way, it is like fishing. We can't remove all the fish, and there aren't enough that we could catch to feed everyone anyway. In the US, they actually have laws regarding fishing in the wild. You must get a license, and fish below a certain size must be thrown back.

If you think a person could get 330 trillion dollars, and pay everyone a billion dollars, and make them billionaires, you are dreaming. OH, that DID happen around 1919 in Germany. A LOT of people became BILLIONARES! SADLY, they couldn't keep the money. But HERE, you can read about it on Wikipedia: Hyperinflation in the Weimar Republic - Wikipedia, the free encyclopedia They EVEN have a 5 BILLION mark postage stamp!!!!!! NOW, to put that into perspective, if it were worth 5Billion marks today, it would be worth only $3,018,280,000USD! YEP, you read right, over 3 BILLION US dollars!
But they had an expiration date on it, and don't honor the value at the current rate. And that was for a POSTAGE STAMP!!!!!! In the US, the postage was about 2 cents, per ounce, at that time.

Steve

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Richard Van

9 years ago

Originally Posted by mbug90

Are you saying we are better off without any worldly possessions, with a so-called "abundance" that you cannot even see or hold in your hand?

Are you healthy? Alive? Do you have a family? Are you somewhere nice? Can you go somewhere nice? Are you in love?

You can have all that without wealth.

What she is saying is, if you're not happy now, you won't be happy with the 50 mil in the bank. In fact you'll be even unhappier as you'll spend the rest of your life terrified you'll lose it.

Your signature...

Money is the reason we can't have nice things.

Pass it on....

It isn't though. Money is the excuse you're using to explain why you don't feel your life is adequate. Like Cali said, we can be happy without nice shiny things we hold in our hands. Learn to be happy without and you'll be happy with.

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discrat

9 years ago

Originally Posted by Richard Van

Are you healthy? Alive? Do you have a family? Are you somewhere nice? Can you go somewhere nice? Are you in love?

You can have all that without wealth.

It isn't though. Money is the excuse you're using to explain why you don't feel your life is adequate. Like Cali said, we can be happy without nice shiny things we hold in our hands. Learn to be happy without and you'll be happy with.

Yes, but Money can give you the freedom and the means to pursue those things that really DO mean something to you. i.e. so much money I can be with my Kids all day long and not worry how the rent is going to be paid, i.e. so much money I can take time to really experience Love and be with those I really Love.

Sorry I hate to be the bearer of bad news but Money DOES matter .
It just does. To suggest otherwise is trying to be a senseless Romantic !!

Sure the best things in Life are free but to be able to OPTIMIZE those experiences with these things you need the Freedom to do so ( which Money can provide)

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Cali16

9 years ago

Originally Posted by discrat

Sorry I hate to be the bearer of bad news but Money DOES matter .

Sure the best things in Life are free but to be able to OPTIMIZE those experiences with these things you need the Freedom to do so ( which Money can provide)

Agreed, Robert. And I do hope you know that I never implied (in my post above) that money doesn't matter at all. I, for one, am grateful to have a roof over my head, food to eat, a car to drive, clothes to wear, and so on - and all those things require money. There's definitely nothing romantic or noble about living under a bridge and digging food out of garbage cans to survive.

But the things that many would consider the most valuable (e.g. close friendships that have withstood the test of time, healthy family relationships, love (not just romantic love), inner peace, good health (even the rich die of cancer and other ills, despite having access to the best doctors and treatments in the world), etc. - those are the things that I think many would consider "priceless". And you simply can't buy those.

Yes, having a lot of money certainly can allow you to spend more time with your kids, for example, but if you have a terrible relationship with them money isn't going to fix that.

Financial wealth can certainly provide opportunities and freedom that can potentially make life much more enjoyable. However, when you consider, for example, all the celebrities with fame and fortune who have committed suicide over the past 50 years, it's obvious that money can't buy happiness (or good health, which played a role in some of those instances). It can't buy the things that make life truly worth living. That was my point to the OP.

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WalkingCarpet

Banned 9 years ago

Not enough money is the reason I can't have nice things

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David Beroff

9 years ago

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tagiscom 9 years ago

Originally Posted by mbug90

Are you saying we are better off without any worldly possessions, with a so-called "abundance" that you cannot even see or hold in your hand?

No, they are probably saying that being in a loving positive relationship with an intelligent attractive women is better than a $1000 dollar a night hooker!

Go watch or rent the "Wolf of Wall Street" it shows that having everything or wanting to experience everything, regardless of the consequences, can come back to bite you!

But to answer the first question, sharing the wealth equally won't work, and will only balance out with most p*** it away and the wealthy ending up with it again!

Most can't comprehend $1 million dollars, and will get rid of it on all the extravagances they can find!

Lotto winners, are a good example of this!

But a self made millionaire, that has learned, persistence, stubbornness, criticism, and being bold, etc, will be able to manage it!

How many people would persist and go through hell, if they knew that one million was waiting for them at the end?

100% no way, maybe 30 to 70%.

Take the guarantee away and it falls to 3%!

If everyone was forced to persist, no matter what, then there would be very few poor and a lot more rich people!
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- BigFrank Banned 9 years ago
  
  Originally Posted by tagiscom
  
  No, they are probably saying that being in a loving positive relationship with an intelligent attractive women is better than a $1000 dollar a night hooker!
  
  Not if you find the right $1K per night hooker. You, know - the one with a 'heart of gold.'
  
  Cheers. - Frank
  
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travlinguy

9 years ago

Originally Posted by mbug90

The REAL reason! There are people who have lots of money in their bank accounts and there are people who want the same amounts in their own. There are awesome things in this world that are unfortunately very expensive.

I dream of living in a luxury home with $50 million in my bank and having all the financial freedom one man could ever ask for. But, I am now 24 years old and my income is no greater than $8000 a year, which is a salary poor people would kill for.

I hear of all these people who use affiliate marketing and make over 9000 livings off of it. But what they market could very likely be a heap of sham. That's what most people online say about Clickbank products. I am hesitant to try affiliate marketing of legitimate products (i.e.: stuff from Amazon). I wanted to become an affiliate on SwimOutlet.com but they seem to only allow swim teams, coaches and members, to do it. I am not a member of a swim team nor do I intend to be one. What am I supposed to do? Lie?

Why can't we share the wealth? Literally, share the wealth? It's not illegal. I know a family member who said the real problem with distribution of wealth was lack of sharing. Wouldn't you love it if greed and envy, both deadly sins, went away? It can happen if we share, share, share.

Sure, we have what we need in life, but what we want may make life priceless.

You've got a lot of skewed ideas in your post. I've heard a lot about clickbank but not once, ever, have I heard a single person say it was "a heap of sham." Where do you get the idea that most people say that? A parallel universe, perhaps.

Sharing wealth is a really popular idea. Just thinking of it makes people feel good all over. But what many people don't realize is that for there to be any wealth to share there must first be production. That's the piece to the puzzle that many of the sharing crowd want no part of. Too bad, huh?

As I see it you are your own worst enemy.

Actually, fear is the reason we can't have nice things. Pass it on...

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Kay King

9 years ago

The problem is that the model doesn't scale very well, since with a larger population, each person doesn't necessarily see every other person working on a regular basis, and the above dynamic no longer holds.

I think you explained that very well. In "communal" living situations each person can see the effort others put in and the amount others take out. That sense of fairness is lost on a larger scale and we see some of that today.

When you can't see how hard someone else has worked for what they have and may not realize YOU have to work just as much.

When you can't see the effort that went into learning and planning and building wealth, it's easier to be jealous of what someone else has.

In my experience, most people who work and fully support themselves financially don't think they are "owed". Most who are subsidized by family or govts - want more.

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Dan Riffle

9 years ago

Discrat actually just bought me a new lung. I'm not sure why since I don't have lung issues, but at least I have one should I ever need it.

Thanks, Discrat!

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Claude Whitacre

9 years ago

Originally Posted by Dan Riffle

Discrat actually just bought me a new lung. I'm not sure why since I don't have lung issues, but at least I have one should I ever need it.

Thanks, Discrat!

Weird. He just bought my used lung, infected with Ebola...for $10,000. I have no idea why he wanted it.

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DJL

9 years ago

Originally Posted by mbug90

...
Why can't we share the wealth? Literally, share the wealth?
...

If you have any money you don't need,
I'd be happy to share it with you.

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seasoned

9 years ago

mbug90,

BTW you want to know why people have a low opinion of clickbank? Clickbank is one of the few, and I believe was the first, payment processor to try to look like a vendor. They really only processed the payment, tracked the affiliate, and went to the sales page, and that was it. So they ASSUME a lot of the seller risk/press. ALSO, they let almost ANYONE sell.

SO, do they sell a lot of TRASH? YEP! But there ARE some nice things ALSO! And clickbank has a bad reputation among sellers, because they easily give out refunds! Sellers use them because they are cheap, easy, and have LOTS of affiliates. Affiliates use them because they openly state a definite commission, and have lots of sellers.

Steve

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seasoned

9 years ago

BTW Mbug90, You COULD go to a communist country. THEY believe in the same thing as you. At least they want people to BELIEVE so. Even THEY have the ruble though. BTW it is NOT doing well!

WOW, it WAS about 3.333cents per ruble. NOW, it is about 1.75cents, and looks like an indecision pattern is starting. It COULD go up or down, but likely will go down.

Steve

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BigFrank

Banned 9 years ago

Originally Posted by mbug90

Why can't we share the wealth? Literally, share the wealth?

I do share the wealth. I post here at least a few times per day.

Cheers. - Frank

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Mike Anthony 9 years ago

Originally Posted by BigFrank

I do share the wealth. I post here at least a few times per day.

Cheers. - Frank

The standard of living in your country must be mighty low.
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Mike Anthony

9 years ago

Originally Posted by mbug90

But, I am now 24 years old and my income is no greater than $8000 a year, which is a salary poor people would kill for.

Why would they need to kill for. You should already

share, share, share.

P.S. the amusing thing is if you got what you wanted and everyone shared with everyone your income for yourself at 25 would be UNDER $4000 a year.

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seasoned

9 years ago

Originally Posted by Mike Anthony

Why would they need to kill for. You should already

P.S. the amusing thing is if you got what you wanted and everyone shared with everyone your income for yourself at 25 would be UNDER $4000 a year.

That IS a good point! Take the average income earned by Americans, assuming that ****ALL**** Americans are included, though they AREN'T, and distribute it equally among ALL on the planet, and everyone gets $1885.71 USD! Now, does every country have a higher total income that is SO high that they can even boost it up to $8000? That might not be possible. There are countries that make an average of FAR less than $1000/year. Now, the US has a high inflation, REGARDLESS of what they claim, LOW local employment, and almost NO local suppliers! ALSO, there are some NASTY living areas.

What does that mean? FORGET about having a cow or goat to milk! Forget about chickens for eggs. There may not be one for DOZENS of miles! ALSO, FORGET about wheat and the like! And you could conceivably freeze to death, or be baked. You may not even have room for a fireplace. This means you have a LOT of costs that some would never consider. And there may not be any local source of employment, so you need a car, and gas! And don't forget the stupid taxes, and people that want to rip you off.

So $1886/year may sound like a LOT to some cultures BUT, in the US, it won't even pay for insurance for the car. And $1886 may sound like I am making it up, but I took a rounding of 40000(avg income), which is close, and 330 billion(average population), which is close. I came up with 13.2T dollars. SOME might say it should be 16 or 18. If I had DOUBLED it, which would be WAY TOO HIGH, would it have really made a difference? I also never counted the tax, so that would force the amount lower anyway,

And remember, this likely includes most of the millionares and billionares in forbes.

HEY, GOOD NEWS! AUSTRALIANS make a LOT more per year! They bring a whopping $222.90 USD to the table! YEAH, sorry! There aren't as many in Australia!

WELL, there are a LOT more in CHINA! THEY bring a whopping $1319.59 USD to the table! YEAH, sorry! They don't make enough!

WELL, what about INDIA? THEY bring $268.11 to the table! OK, we have about half the planets population, and we are up to only $3696.60 USD!

Maybe later I will try to find other pockets of population and add them in, but THIS is about 2.95BILLION of the worlds population!!!!!!!

IMAGINE! Almost HALF the worlds population, and we aren't even up to HALF of the income the OP makes per year!

I imagine that a lot of the Australian city isn't much different from the US, so THEY may not feel rich, even if they DO make so much more than americans. India and China are mostly TOTALLY different, so their lower income really isn't that bad. So someone HERE seeing how someone in india lives on less than $2000 a year may be ASTOUNDED!

Steve

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HeySal

9 years ago

It just boggles my mind that people get so wound up about having homes 5 times the size they will ever need. Not sure how mansions became equated with "happiness". If you can't be happy with enough space, how does too much make you happier?

I have some pretty nice things and I'm not rich. A lot of them are handcrafted items made by friends or family and they actually mean something to me. Anything that's not family heirloom, used regularly, or handmade by a friend is called "stuff" and is dealt with by being sold or donated when I move.

Basing happiness on money is actually why so many people in today's society are so unhappy. Owning status quos stuff can be temporarily impressive to others who are shallow enough to be impressed, but if you are frustrated, shallow, boring - it's still the same frustrated, shallow boring person with the title to the stuff.

I get into the RCA dog head tilt mode when guys show off their sports cars to me. It points them out to me as status driven, or if they just liked the car, that their lifestyle is very citified. A nice 4WD rig with mud all over it, gets me cranked. I see that rig that can probably go about anywhere and it's filthy, and all I can think is "wow, did you just have fun!" That's happiness.

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seasoned

9 years ago

Originally Posted by HeySal

It just boggles my mind that people get so wound up about having homes 5 times the size they will ever need. Not sure how mansions became equated with "happiness". If you can't be happy with enough space, how does too much make you happier?

I have some pretty nice things and I'm not rich. A lot of them are handcrafted items made by friends or family and they actually mean something to me. Anything that's not family heirloom, used regularly, or handmade by a friend is called "stuff" and is dealt with by being sold or donated when I move.

Basing happiness on money is actually why so many people in today's society are so unhappy. Owning status quos stuff can be temporarily impressive to others who are shallow enough to be impressed, but if you are frustrated, shallow, boring - it's still the same frustrated, shallow boring person with the title to the stuff.

I get into the RCA dog head tilt mode when guys show off their sports cars to me. It points them out to me as status driven, or if they just liked the car, that their lifestyle is very citified. A nice 4WD rig with mud all over it, gets me cranked. I see that rig that can probably go about anywhere and it's filthy, and all I can think is "wow, did you just have fun!" That's happiness.

The only "big" thing I got was my home. I had big plans, but never followed through.

I wish I bought one half the size, I would have had it free and clear by now.

US style homes CAN be made at a lower cost elsewhere. Of course they DID try that in india and, for various reasons, the prices skyrocketed. Don't you LOVE inflation? Even in INDIA!

Steve

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tagiscom

9 years ago

Originally Posted by Claude Whitacre

Weird. He just bought my used lung, infected with Ebola...for $10,000. I have no idea why he wanted it.

I think that WC can help you with that?

Originally Posted by BigFrank

Not if you find the right $1K per night hooker. You, know - the one with a 'heart of gold.'

Cheers. - Frank

Heart of Gold, LOL, more like two Large.......!

Originally Posted by seasoned

HEY, GOOD NEWS! AUSTRALIANS make a LOT more per year! They bring a whopping $222.90 USD to the table! YEAH, sorry! There aren't as many in Australia!

WELL, there are a LOT more in CHINA! THEY bring a whopping $1319.59 USD to the table! YEAH, sorry! They don't make enough!

WELL, what about INDIA? THEY bring $268.11 to the table! OK, we have about half the planets population, and we are up to only $3696.60 USD!

Maybe later I will try to find other pockets of population and add them in, but THIS is about 2.95BILLION of the worlds population!!!!!!!

IMAGINE! Almost HALF the worlds population, and we aren't even up to HALF of the income the OP makes per year!

I imagine that a lot of the Australian city isn't much different from the US, so THEY may not feel rich, even if they DO make so much more than americans. India and China are mostly TOTALLY different, so their lower income really isn't that bad. So someone HERE seeing how someone in india lives on less than $2000 a year may be ASTOUNDED!

Steve

No, most young Aussies, can forget about owning a new home or used for that matter!

The housing bubble over here, shows no signs of stopping, and most young to middle aged individuals over here have given up on the house owning thing.

Most here are putting their spare cash into Super, (401k, for US members) which is a pity considering when you take away what the $100,000, (typical rough amount for the Male population at retirement age, well more or less) from the pension payments, it is pretty lousy.

I have heard that we need half a million to live comfortably in retirement, and unless you start young, it ain't gonna happen.

So most reach 65, blow it all on a holiday, new 4WD, etc, and then go on the pension.

Then unfortunately struggle financially, become a burden on friends and family, and their house falls apart around them. Then they end up in a retirement village, which can be a death sentence, unless you can afford a nice one!

No, best to invest into your online business, and yourself, so when you reach retirement age, you have the freedom to support yourself, and do what you want.

And give money to others, as long as it is constructive.

And watch out for low lifes, there are a few online!

Thanks
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seasoned

9 years ago

Originally Posted by tagiscom

No, most young Aussies, can forget about owning a new home or used for that matter!

The housing bubble over here, shows no signs of stopping, and most young to middle aged individuals over here have given up on the house owning thing.

YEAH, I probably shouldn't have bought a home. If I were living in an apartment here, I could feel a lot better about my current situation. I have promised myself I would escalate things this weekend though.
Most in the US obviously have a hard time LEGITIMATELY getting a home. A quick calculation shows the average person in the US can only afford a home of about $100,000. Last I checked, the average cost was $300,000.

Most here are putting their spare cash into Super, (401k, for US members) which is a pity considering when you take away what the $100,000, (typical rough amount for the Male population at retirement age, well more or less) from the pension payments, it is pretty lousy.

I have heard that we need half a million to live comfortably in retirement, and unless you start young, it ain't gonna happen.

Well, YOUR average is upwards of $60K. If you made 4% on your investment, which is a bit high for the US, you would need $1500000 to keep living as you were pretty much perpetually. You COULDsay, OK, I will live 15 years, so I only need $900000, but what if you live longer? What about inflation? Most, in my current situation, would be running around like the proverbial chicken racing to get work. I have decided to take things as they come. Luckily I have enough to have that freedom.

So most reach 65, blow it all on a holiday, new 4WD, etc, and then go on the pension.

Then unfortunately struggle financially, become a burden on friends and family, and their house falls apart around them. Then they end up in a retirement village, which can be a death sentence, unless you can afford a nice one!

No, best to invest into your online business, and yourself, so when you reach retirement age, you have the freedom to support yourself, and do what you want.

And give money to others, as long as it is constructive.

And watch out for low lifes, there are a few online!

Good suggestions, and it is at least to know that the US is not THAT much worse than everyone else. The problems you described exist in the US ALSO!

Steve

Thanks

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salegurus

9 years ago

Originally Posted by tagiscom

No, most young Aussies, can forget about owning a new home or used for that matter!

The housing bubble over here, shows no signs of stopping, and most young to middle aged individuals over here have given up on the house owning thing.

Yeah, i would love to know why. Obviously supply and demand but there must be other reasns. My wife's sister lives in Melbourne and she was wanting to buy recently, the prices over there for what you get are horrendous..

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Think of how stupid the average person is, and realize half of them are stupider than that.

― George Carlin

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tagiscom

9 years ago

Originally Posted by seasoned

YEAH, I probably shouldn't have bought a home. If I were living in an apartment here, I could feel a lot better about my current situation. I have promised myself I would escalate things this weekend though.
Most in the US obviously have a hard time LEGITIMATELY getting a home. A quick calculation shows the average person in the US can only afford a home of about $100,000. Last I checked, the average cost was $300,000.

About the same here! Well as long as you can enjoy living in the country or in the middle of no-where!

In the inner city it is typically half a million, but 1 million for a crap house, near everything is becoming the norm!

Well, YOUR average is upwards of $60K. If you made 4% on your investment, which is a bit high for the US, you would need $1500000 to keep living as you were pretty much perpetually. You COULDsay, OK, I will live 15 years, so I only need $900000, but what if you live longer? What about inflation? Most, in my current situation, would be running around like the proverbial chicken racing to get work. I have decided to take things as they come. Luckily I have enough to have that freedom.

Good suggestions, and it is at least to know that the US is not THAT much worse than everyone else. The problems you described exist in the US ALSO!

Steve

60k, in Au, it is 55k for women and l think it was 115k for men, (Whateverpedia will know the exact figures).

Originally Posted by salegurus

Yeah, i would love to know why. Obviously supply and demand but there must be other reasns. My wife's sister lives in Melbourne and she was wanting to buy recently, the prices over there for what you get are horrendous..

Probably overseas investors, grabbing everything they can, and driving up prices?

Due to short sighted legislation!

Similar to What Google Adwords went through, 5 cent a click when they started, now up to $50 per click. Why, Corporations getting in on things, and throwing hige amount of money at things to keep inflated prices down.

Or a bit like building a bigger ship which is filling up with water! But most newbies, have already drowned, or given up on that one!

Best to make a load online, then the problem disappears!