Well parts of Aus are booming but Sydney is not.... it is treading water. It is pretty fucking expensive place to live thats for sure. I could live in another major city in another state and be kicking arse. Official Interest rates I believe are 6.75%

touche

Well probably nobody cares BUT, western Canada is booming, especially Alberta. I think maybe Vegas is the only place in North America growing faster than Calgary Alberta, and Edmonton isn't far behind. It's oil country there and the province is so freaking rich they give out cheques a few times a year for 4 or 5 hundred dollars cuz they don't know what to do with all the coin. Lots of people from Saskatchewan move there for high paying jobs but as a result house prices are stupidly high. And British Columbia, which is farthest west is always expensive cuz it is one of the nicest places in the country if not the world to live. So here we to the immediate east of Alberta and people are starting to trickle back from Alberta cuz it's so much cheaper here to live. Houses cost about a third as much. But as a result our economy is starting to rise but much more gradually. That's why it's good to get into a good house now. Interest rates are low and your house is guaranteed to increase in value as our population starts to grow again. Alberta's economy has grown so fast it's due to crash hard at some point whereas ours is more gradual and is "supposed"to remain more stable.

That is all.

nuts to reading all that.

well I didnt read it all but were your talking about sounds like Bob's homeland , there buidling evryday , The farm Im selling I paid $2450 an acre for it 5 yrs ago and we have a agreement for a gentlemen from the suburbs of chicago to buy it for $5100 an acre ..and he wants more has to spend or pay taxes on it ...

Sounds similar to Sydney. It's bubble has burst somewhat but places like Queensland to the North and Western Australia (to the West haha) are growing at amazing rates.

Whats the median house price for your neck of the woods?

Whore

Where I live a 3 bedroom, 1 and 1/2 bath will run you about $295,000-$320,000 USD

cool.... is that where I am thinking?

It varies widely across the country, but right where I live, you can afford a house and still make a good living so it works out and it is attracting a lot of people back to these parts.
Vancouver, BC $518,000
Toronto, Ont $342,000
Calgary, Alb $358,000
Ottawa, Ont $255,000
Montreal, Que $224,000
Halifax, NS $199,000
Fredericton, NB $135,000
Regina, Sask $137,000
You basically need to be a rich fucker to afford a house in Vancouver. And my friend in Calgary built a brand new house for just 200,000 2.5 years ago and he could probably get close to 350,000 now, how crazy is that!
Our average is 137,000. Our new house which we are adding hardwood flooring, recarpetting the basement adding a jet tub in the basement and a bunch of other stuff comes to 160,000.
3 bedroom, 2 bathroom, heated garage, wood fireplace in a good area, so it's pretty damned affordable. And everthing finally went through today and we move in in 2 weeks so I'm pretty stoked.


yikes! at least you don't live in San Fran.

Is that US or Candain Dollars? If it is Candian Dollars Im buying a house in Regina TODAY!

160,000 CND or 142,400 USD

gotta love those Candain dollars

Man that is fucking cheap!!!

How far are you from the city?

Maybe bondi will move to Canada? How's the cable reception there? Great?

I am IN the city. altho our city is only 200,000 people.
how much do you pay out there?

and spotted

(I couldn't help myself)

Well it varies across Sydney and depending on how close you are to the beaches, ocean etc.

Apartments in Bondi (one bedroom, studio apartments) fetch $350-$400k... if you're looking for houses in that area you are pusing a million big ones for a 3 or 4 bedroom depending on the house.

In the Burbs you are looking at $400k for a 3 bedroom house minimum.

All Aus dollars. I think 1 Aus Dollar buys 75c US

and you live there?! you must be richer than Jesus!

No... but my bank Manager is

I'll be moving to the burbs after I get hitched

hah...I hear that!

It is highway robbery.... and interest rates have risen by 1% in the past 12 months... I've had to cut down to 10 beers a night

Could be worse...You could live in NZ
1.00 NZD (New Zealand Dollars) = 0.684392 USD*

*Source: The Universal Currency Converter!

Not only that, NZ has a higher GST rate than we do in Australia and pay through the nose for a lot of goods and services