Australia housing bubble

[zilo]

Originally Posted by leesa

My salary is negotiated with my employer and then super is subtracted from it

It is calculated as a percentage of your wage therefore it is on top.
It comes from your employer's bank account, no matter how you slice it or dice it.

Originally Posted by leesa

. I'd move out to the sticks but silly younger me lacked foresight and picked a line of work that doesn't exist outside of a capital city.

What line of work?

anyway...

(a) you need a partner to share a mortgage with (it halves the numbers)

(b) start a business...even a coffee van does better than PAYE

I can think of two capital cities that you can buy a house for under 300k right now.

[b0son]

Originally Posted by zilo

It is calculated as a percentage of your wage therefore it is on top.

100/109.5 ... no longer on top.

It comes from your employer's bank account, no matter how you slice it or dice it.

So do wages... ?