Reading Time: 4 Minutes What’s up guys! Now look, normally here at The Frugal Samurai, I try and sit on the fence as much as I can when it comes to opinions. I mean, who doesn’t love a good fence sit? The fine poise, the delicacy, the balance – a skill I tells ya. But when yours truly read the following article, I really felt I had to say something, ANYTHING. Because I felt it was misleading at best and downright dangerous at worst. What article? The one here: https://www.realestate.com.au/news/average-home-prices-will-hit-7-million-by-2030-in-some-sydney-regions-if-growth-trends-continue/ What’s it about? In essence: “Economic modelling has revealed home buyers could be paying prices of up to $7.5 million, on…
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Investing in Real Estate 111 (Interest Rate Changes)
Reading Time: 9 minutes “Buffering…please wait…buffering… please wait…” Ever recall that message come up before? Well, before the age of high-speed internet and insta and snap and YOLO, us millennial folks who grew up in the 90s sure can. We who grew up in the age of the Pentium 3, the 56k modem (brrrkrrr… beep…krrr…dookrrrrr dookrrrrr…) and the Nokia 3210 – we remember. Because we used to get that messages ALL the time. As a teenage boy, the frustration of seeing that pop up when trying to download por… maths papers was palpable. “I REALLY need to do some mathematics, RIGHT NOW”. I used to say out loud to no…
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The Evolving Great Australian Dream
Reading Time: 6 minutes Ah yes, the Great Australian Dream. What is it you ask? Well, since the beginning of time, us Aussies – we’ve got this fascination, no, not the right word, this need of owning our own home. The insatiable desire for the quarter acre block and a piece of land we can call our own. I’ve discussed it previously in some of the earlier blog posts (here and here) regarding our attitude to real estate. Not only does the property market provide housing to all of us – it is also an enormous asset class which dominates the media airwaves and creates a huge number of jobs. Which…
