Re:Australia’s new mass surveillance mandate
by girvo on Wednesday September 08, 2021 @05:35PM
(#28463360)
Yeah agreed. $200k a year is more than enough to live on. Heck, I'm saving 80% of my pay cheque -- specifically to save enough to offset this crazy property price capital growth.
But a simple example that shows how lucky I and others are: I can rapidly, from $0 (if I was silly enough to have no savings for this exercise) save up a deposit within a year or two, less if one has a partner.
Any of my friends and acquaintances, unless they also went into high-paying jobs and industries here in SEQ, or unless they have parents well-off enough to help them, are writing off being able to enter the property market for years or decades.
But a simple example that shows how lucky I and others are: I can rapidly, from $0 (if I was silly enough to have no savings for this exercise) save up a deposit within a year or two, less if one has a partner.
Any of my friends and acquaintances, unless they also went into high-paying jobs and industries here in SEQ, or unless they have parents well-off enough to help them, are writing off being able to enter the property market for years or decades.
Its worrying, for sure.