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by fancy_hammer
1732 days ago
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> the people buying houses in the outer-inner-suburbs that would still be vastly outside their price range without massive help from both sets of parents; these buyers are unfailingly couples. I suspect there is a big difference between the long term wealth implications of buying a house vs buying an apartment. There are never going to be more houses in outer-inner-suburbs. There is going to be a constant supply of new apartments as we move towards higher density living. People who have wealthy parents are in the best position to make better housing investments. |
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