Rent

I’m moving in two weeks. Yep, it’s all cardboard boxes and roller tape at our house. Happily married for two and a half months now, we’re on to the next big adventure.

We laugh in the face of gigantic mortgages. Photo: Herald Sun

Buying the dream home with white picket fence? No. Not for us. Not yet. We’re signing a 12 month lease and moving to an apartment in the city to be closer to work.

You see, I’m part of Generation Rent – the generation the urge to buy property passed by.

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  • Tim says:

    06:50pm | 18/02/13

    Why only 4 investment properties? I bought my first house when I was 10 years old and have bought 20 since then. I worked my fingers to the bone in the milk bar for years. Everyone knows that property prices double every 5 years. He’ll I’ve retired now at 30,… Read more »

  • Phil S says:

    06:50pm | 18/02/13

    @PJ: Stop lying. I’m a renter in Melbourne and my rent has increased at 3% per year under the Labor government. Your attempts at propping up a failing opposition party are pathetic. No one is listening anymore. Read more »

 

On any weekend in one of Australia’s cities, in what has become something of a ritualistic right of passage for aspiring home-owners, crowds of eagle-eyed punters gather on suburban curb sides hoping to secure themselves a slice of residential security, or at least to get a whiff of which way the fickle winds of the housing market are blowing.

Want a house? WELL IT'S GETTING DESTROYED BY A GAVEL. Picture: Thinkstock

As it happened last weekend I had the disconcerting experience of stumbling into just such an auction for an apartment in the building in which I live. In fact, it was for the apartment next door to mine in the Melbourne bay side area of St Kilda.

St Kilda is a suburb to which I hadn’t expected to return. I first moved here when I was a teenager finishing high school and juggling a fairly hedonistic lifestyle.

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  • Michael S says:

    07:58pm | 22/09/12

    Housing prices, whether buying or renting, have tripled in real terms in the last 20 years. I’m concerned we’re heading into a new feudalism; where today’s property owners will be the ancestors or the landed aristocracy, while the children of today’s renters face a bleak future as serfs. If that’s… Read more »

  • marley says:

    07:31pm | 22/09/12

    @Bear - if you and your parents were able to walk in and plonk cash down to buy houses with no mortgage, then you’re in a different financial world from most of us.  My grandparents couldn’t do it in the 40s, my parents couldn’t do it in the 60s,  and… Read more »

 

Yesterday morning ABC Radio National led a half-hour discussion on finding pet-friendly, long-term rental accommodation.

Um, we're looking for a two bedroom with lock-up garage, walking distance to the shops….

Unsurprisingly, most people who contributed to the discussion have had a rough time finding somewhere to live with their pets in tow. Some callers complained of constantly being relegated to the end of a long waiting list.

Another said even 20 years worth of references couldn’t help them make the top of the pile. And then there were the people who had to give up their pets altogether, or pass them onto willing family, friends or the RSPCA, just so they could actually find somewhere to live.

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  • TigerStripes says:

    09:46am | 18/06/12

    Kika, i’m not really sure how many times you can re-post your woes at trying to rent with a cat. I think i have read at least 5 by now.  You’re beginning to sound a bit whingey. And yes in case your wondering if i understand your pain, we have… Read more »

  • youdy beaudy says:

    09:26am | 18/06/12

    We have always been renters, always good tenants. I fix everything, plumbing etc and although the house is an oldie and hard to keep the dust out of we like the old feel, and it is rather cute and because we have gates on the side and enter through the… Read more »

 

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