AusFinance

Yeah, I’m going 1h 15m each way for work. As soon as we see interest rate cuts I will gladly take the pay cut to work closer to home, but I can’t do that now until repayment gets down under 3000/month at least but I dream of something like 2800..

Mate, that sucks. For 15 years I lived in a 1 bedroom place I bought in Melbourne. No aircon, and no car, so had some brutal summers to get through. I thought I’d be stuck forever, never thought I’d know anything different.

I’m surprised we’re not seeing house prices come down. Where I am now in central Victoria, there’s 6 or 7 places around our street on the market for 6 - 9 months or longer. No one wants to budge and sell for cheaper so no one’s buying.