Australian Politics Forum - Blood in the Streets

FutureTheLeftWant

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Re: Blood in the Streets
Reply #15 - Jul 21^st, 2022 at 8:31am

AusGeoff wrote on Jul 21^st, 2022 at 7:17am:

I was forced into a mortgagee auction in 1989 after home loan
interest rates hit 17% with the Commonwealth Bank. I was then
forced into the rental market, and even then having to share with
another person to make it affordable.

Today CommBank is offering home loans at 3.4% but the Millennials
and Gen Z are still whinging about any little increase. And they still
bitch about the baby boomers having it oh so easy back then. Bullshit.

Yes, old people can't count, think or feel. Look at how much wages have gone up, and how much house prices have gone up. Boomers destroyed the market, young people don't expect to buy a home any more

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John Smith

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Re: Blood in the Streets
Reply #16 - Jul 21^st, 2022 at 11:53am

AusGeoff wrote on Jul 21^st, 2022 at 7:17am:

I was forced into a mortgagee auction in 1989 after home loan
interest rates hit 17% with the Commonwealth Bank. I was then
forced into the rental market, and even then having to share with
another person to make it affordable.

Today CommBank is offering home loans at 3.4% but the Millennials
and Gen Z are still whinging about any little increase. And they still
bitch about the baby boomers having it oh so easy back then. Bullshit.

Exactly. If rates get to 17%, sure, everyone should complain. Even if they get up to 8 or 9 percent I can understand the complaints ... but at 3%? did they really think interest rates were going to stay at 1% for the 25yr life of their loan? Cheesy

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Grappler Deep State Feller

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Re: Blood in the Streets
Reply #17 - Jul 21^st, 2022 at 12:31pm

FutureTheLeftWant wrote on Jul 21^st, 2022 at 8:31am:

AusGeoff wrote on Jul 21^st, 2022 at 7:17am:

I was forced into a mortgagee auction in 1989 after home loan
interest rates hit 17% with the Commonwealth Bank. I was then
forced into the rental market, and even then having to share with
another person to make it affordable.

Today CommBank is offering home loans at 3.4% but the Millennials
and Gen Z are still whinging about any little increase. And they still
bitch about the baby boomers having it oh so easy back then. Bullshit.

Yes, old people can't count, think or feel. Look at how much wages have gone up, and how much house prices have gone up. Boomers destroyed the market, young people don't expect to buy a home any more

Still as rabid as ever - the investors destroyed the market, turkey.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Grappler Deep State Feller

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Re: Blood in the Streets
Reply #18 - Jul 21^st, 2022 at 12:33pm

FutureTheLeftWant wrote on Jul 21^st, 2022 at 8:30am:

Grappler Deep State Feller wrote on Jul 21^st, 2022 at 7:36am:

Had me the mortgage that went to 14.5% - hit an unemployment time and hung on to that house even without food.

Boomers, am I right? How much did the house cost? What was your wage?

I know you thoroughly missed it - you always do - but I've taken figures from the past for both incomes and houses and worked it all out.... dig and you might find it somewhere.

Once again - for the extremely slow and insane here - governments and investors ruined it for the young - not people who struggled and fought to own their own home.

Eat the Rich.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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