Quote Originally Posted by BLD View Post
What do punters have to pony up to rent ?.or buy? Is it affordable? Here it's out of control. Rents expensive, property's expensive. You're kinda fucked if you are a slave to a mortgage here
From sometimes talking with friends and family back home about such things, it's completely foked.

20% down needed for a mortgage and rents are so high that it's impossible to pay the rent and save the 20%.

Result: Professionals living in their parent's house until nearly 40 just to save up enough to get the down on a mortgage.

Then there are apparently refugees waltzing in and getting free houses, something like 10% of all housing projects must be handed over for government allocation.

Result: gangs out firebombing various properties. Possibly the professionals forced to live at home with their parents.


And now it seems they need to pay to annual fees to enter a supermarket.