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Conquest Forums Junkie Location: Sydney/Wollongong Registered: October 2003	Re: Housing - who can afford it? Sat, 14 May 2005 14:34 river wrote on Sat, 14 May 2005 22:15 Hi, Lucky you don't live in Sydney. The house prices are stupidly and unrealistically high. seeyuzz river river is spot on An average 2br unit in Sydney will set you back 300k+ let alone a house on it's own private block of land A few years ago I was looking to get into housing (with a sizeable deposit stashed away) but the prices are just f**king stupid around here. If I could find a place for <$250k i'd snap it up straight away... Check the first home buyers grant in your state and also the applicable capital gains tax implications. Here's the scenario, you can buy your first home (with a $7k grant), live in it for 3-6 months and then rent it out for up to 6 years. As long as you live in the house once every 6 years you still get to keep your main residence exemption. And when the property rises in value you can keep the difference tax free [Report message to a moderator]

	Subject	Poster	Date
	Housing - who can afford it?	soarerchic	Sat, 14 May 2005 11:55
	Re: Housing - who can afford it?	BlackGT4	Sat, 14 May 2005 12:10
	Re: Housing - who can afford it?	river	Sat, 14 May 2005 12:15
	Re: Housing - who can afford it?	thechuckster	Sat, 14 May 2005 12:20
	Re: Housing - who can afford it?	Conquest	Sat, 14 May 2005 14:34
	Re: Housing - who can afford it?	jackel	Sat, 14 May 2005 21:33
	Re: Housing - who can afford it?	Apollo	Sun, 15 May 2005 04:40
	Re: Housing - who can afford it?	soarerchic	Sat, 14 May 2005 13:16
	Re: Housing - who can afford it?	sleeker162	Sat, 14 May 2005 13:50
	Re: Housing - who can afford it?	Shraka	Sat, 14 May 2005 14:32
	Re: Housing - who can afford it?	JDM hachi	Sat, 14 May 2005 23:17
	Re: Housing - who can afford it?	Cyber-punk	Sun, 15 May 2005 00:47
	Re: Housing - who can afford it?	Corona RT142	Sun, 15 May 2005 01:14
	Re: Housing - who can afford it?	draven	Sun, 15 May 2005 02:36
	Re: Housing - who can afford it?	M.J.H	Sun, 15 May 2005 05:13
	Re: Housing - who can afford it?	JDM hachi	Sun, 15 May 2005 05:51
	Re: Housing - who can afford it?	soarerchic	Sun, 15 May 2005 10:59
	Re: Housing - who can afford it?	soarerchic	Sun, 15 May 2005 11:00
	Re: Housing - who can afford it?	dimmy77_03	Sun, 15 May 2005 12:05
	Re: Housing - who can afford it?	oldcorollas	Sun, 15 May 2005 15:22
	Re: Housing - who can afford it?	soarerchic	Mon, 16 May 2005 01:35
	Re: Housing - who can afford it?	oldcorollas	Mon, 16 May 2005 13:21
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 03:22
	Re: Housing - who can afford it?	thug_immortal	Mon, 16 May 2005 04:44
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 06:13
	Re: Housing - who can afford it?	THE WITZL	Mon, 16 May 2005 06:45
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 07:27
	Re: Housing - who can afford it?	Conquest	Mon, 16 May 2005 07:44
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 13:10
	Re: Housing - who can afford it?	Conquest	Mon, 16 May 2005 13:51
	Re: Housing - who can afford it?	ZZT231	Mon, 16 May 2005 07:51
	Re: Housing - who can afford it?	dimmy77_03	Mon, 16 May 2005 09:13
	Re: Housing - who can afford it?	Ko Ko	Mon, 16 May 2005 12:54
	Re: Housing - who can afford it?	ZZT231	Mon, 16 May 2005 13:09
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:18
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:26
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:30
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:35
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:36
	Re: Housing - who can afford it?	Shraka	Tue, 17 May 2005 03:36
	Re: Housing - who can afford it?	ZZT231	Tue, 17 May 2005 23:09
	Re: Housing - who can afford it?	Shraka	Fri, 20 May 2005 09:53
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:38
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:39
	Re: Housing - who can afford it?	lumpy	Tue, 17 May 2005 05:27
	Re: Housing - who can afford it?	Ribfeast	Tue, 17 May 2005 09:56
	Re: Housing - who can afford it?	THE WITZL	Tue, 17 May 2005 11:15
	Re: Housing - who can afford it?	thechuckster	Tue, 17 May 2005 11:24
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 23:15
	Re: Housing - who can afford it?	soarerchic	Sun, 22 May 2005 11:17
	Re: Housing - who can afford it?	thechuckster	Sun, 22 May 2005 11:34
	Re: Housing - who can afford it?	soarerchic	Sun, 22 May 2005 11:38
	Re: Housing - who can afford it?	thechuckster	Sun, 22 May 2005 12:09
	Re: Housing - who can afford it?	soarerchic	Fri, 27 May 2005 07:18

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