Tell me about it!
We came over from the UK last year with enough money to have been mortgage free if house prices had levelled off 3-4 years ago. Now I've got to double that and take out another 30 year mortgage whilst earning 2/3rds of what I earned in the UK. How the feck do people afford these house prices on the generally lower wages mystifies us. So much for investing in the kids future, health insurance, medical insurance and as for pensions ha not a chance
I'm just not prepared to financially commit suicide by overstretching the mortgage and buy in Cockle Bay etc, as nice as it is.
Cheers Big McJim for looking into it.
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