Note: These are Australian Dollars, not US Dollars, these amounts are still a lot but a lot less then they would be if you assume they’re US dollars
ZelWinters1981 on
Great so for me to afford an “average house” in Brisbane I need to work *checks math* 27 hours a day at my current rate.
Oh good to know. I just need to **work harder.**
PolyculeButCats on
May as well be in Monopoly money.
EmotionalAd5920 on
oh thats a bit depressing. time to go full on with being a homeless hermit
Strong_Remove_2976 on
Quite amazing Australia’s allowed this to happen. They have none of the space/nimby constraints of Europe.
For Europeans who always dreamed of moving to Oz one of the main reasons was the relatively cheap housing.
Rider_of_Roha on
It is so high because they are paying 37 percent of their income as a tribute to the Emus after losing the Great Emu War, which raged in the early 1930s.
DonKaeo on
And with the minimum award wages, hard to believe anyone can get ahead, especially in hospitality..
EchoVolt on
Other than Sydney, that seems fairly in line with here in Dublin in Ireland. You currently need an income of >€100,000 >Aus$160,300 for an average home.
Demand is huge and supply can’t keep up and isn’t scaling quickly enough at all.
Money_Display_5389 on
FYI current exchange rate is Aussie to .67 usd. So just times these numbers by .67 and you can get USD equivalent.
worstusername_sofar on
Now I just need 2 wives who earn 100k/year
imapassenger1 on
And the media is full of stories of how Jimmy built a portfolio of 27 homes by the age of 30 while working as a barista. (Neglects to mention rich parents who guaranteed the loans)
11 Comments
Note: These are Australian Dollars, not US Dollars, these amounts are still a lot but a lot less then they would be if you assume they’re US dollars
Great so for me to afford an “average house” in Brisbane I need to work *checks math* 27 hours a day at my current rate.
Oh good to know. I just need to **work harder.**
May as well be in Monopoly money.
oh thats a bit depressing. time to go full on with being a homeless hermit
Quite amazing Australia’s allowed this to happen. They have none of the space/nimby constraints of Europe.
For Europeans who always dreamed of moving to Oz one of the main reasons was the relatively cheap housing.
It is so high because they are paying 37 percent of their income as a tribute to the Emus after losing the Great Emu War, which raged in the early 1930s.
And with the minimum award wages, hard to believe anyone can get ahead, especially in hospitality..
Other than Sydney, that seems fairly in line with here in Dublin in Ireland. You currently need an income of >€100,000 >Aus$160,300 for an average home.
Demand is huge and supply can’t keep up and isn’t scaling quickly enough at all.
FYI current exchange rate is Aussie to .67 usd. So just times these numbers by .67 and you can get USD equivalent.
Now I just need 2 wives who earn 100k/year
And the media is full of stories of how Jimmy built a portfolio of 27 homes by the age of 30 while working as a barista. (Neglects to mention rich parents who guaranteed the loans)