(no subject)

[wickedcherub]

There's nothing that makes me more ill than looking at property prices. The area I want to buy - some of those houses have risen in price by 200k in the last eighteen months while I've been looking and my house value has gone up maybe 40k? Like I don't understand how the value of my house could have gone up a paltry $180k in the past ten years when other suburbs have gone up almost $500k in that time period. I'm being priced out of the market and it's making me ill.

I then worry that if I just shut my eyes and buy these expensive houses in that area that I want, then the market will drop instead of rise and I will have made a loss. Because surely the market cannot sustain 3bedroom houses 40 min drive from city centre at $700k. Surely.

I hate adulting so much.

Comments

[ffarff.livejournal.com]

Thats Nuts! The Interest Rate On Mortages Are Way Up Too, Right? How Do People Manage!