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<blockquote data-quote="Zardnaar" data-source="post: 8370682" data-attributes="member: 6716779"><p>Similar thing here. The nurses, teachers etc get paid the same regardless of where they live. So if you're over the age of say 35 and live in a small town and bought a decade+ ago you're all good. </p><p></p><p> If not you're kinda screwed although DINK (double income no kids) might pull it off in a smaller town. </p><p></p><p> A friend and his sister bought there own houses but mum and dad had to act as guarantors. He went from his parents place in one of our best suburbs to living in one of the worst. </p><p></p><p> Nice enough house and the suburb wasn't that bad but his friend on similar income without the bank of mum and dad is screwed.</p><p></p><p> We did it without bank of mum and dad by virtue of being born earlier. If you did everything right around age 32 is the last time you could do it yourself without parental help although I'm sure exceptions exist. </p><p></p><p> And by doing everything right decent job out of school or uni DINK by age 22 and save like hell. </p><p></p><p> In reality it's more like age 35 or 40.</p><p></p><p> New middle class has pets most rentals now no pets.</p></blockquote><p></p>
[QUOTE="Zardnaar, post: 8370682, member: 6716779"] Similar thing here. The nurses, teachers etc get paid the same regardless of where they live. So if you're over the age of say 35 and live in a small town and bought a decade+ ago you're all good. If not you're kinda screwed although DINK (double income no kids) might pull it off in a smaller town. A friend and his sister bought there own houses but mum and dad had to act as guarantors. He went from his parents place in one of our best suburbs to living in one of the worst. Nice enough house and the suburb wasn't that bad but his friend on similar income without the bank of mum and dad is screwed. We did it without bank of mum and dad by virtue of being born earlier. If you did everything right around age 32 is the last time you could do it yourself without parental help although I'm sure exceptions exist. And by doing everything right decent job out of school or uni DINK by age 22 and save like hell. In reality it's more like age 35 or 40. New middle class has pets most rentals now no pets. [/QUOTE]
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