Thread 60741071 - /biz/ [Archived: 396 hours ago]

Anonymous ID: UxzRT8jh
8/5/2025, 9:45:02 AM No.60741071
Tuareg
Tuareg
md5: 21323c9312e0b34d8bdccdde19034a79🔍
> average Australian
> $80k USD equiv salary as an executive
> $100k USD cash
> $160k

Still can't afford a house without debt
Replies: >>60741405
Anonymous ID: ABMj8ueZ
8/5/2025, 12:24:54 PM No.60741405
>>60741071 (OP)
>~$120k AUD income
That’s not what I would consider an executive level income. I mean I’m a dirty apprentice tradecel and that’s pretty much what I’m making.

However, you should understand that at some point in recent history, the people who run this country decided that the value of their investments were more important than the prosperity of its born citizens. It is not your fault nor is it fair, but this is the hand that we have been dealt.
Anonymous ID: J3jzsHa/
8/5/2025, 12:33:45 PM No.60741420
we're too heavily taxed, u cant just work and buy a house now

u gotta invest and get lucky with ur investments, then sell those investments, and buy a house in cash

yes its retarded, but the other alternative is looking at a million dollar mortgage with massive repayments and massive amounts of interest, not a good life to live....

the best thing u can do right now is front run the cost of a house by getting the money up front

ur house will go up in value more than the S&P500 will in Australia anyway, so its not like youre missing out on anything, a nice house in australia gives better returns than the index funds do