Housing Crisis in Australia

Clodfobble · 03-09-2008, 11:56 AM

To answer the implied second half of the question, my husband and I are currently in our second purchased house, having owned the first one for just under three years. But that was the intention from the beginning--it was a big fixer-upper, and we did almost all of the work ourselves and sold it for 50% more than we paid for it. (At the same time, we made sure we were okay with the neighborhood long-term if it turned out we had to stay there longer than we'd anticipated.) Of course you can never say for sure, but we don't intend to ever move out of this house we're in now.

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03-09-2008, 11:56 AM	#11
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	To answer the implied second half of the question, my husband and I are currently in our second purchased house, having owned the first one for just under three years. But that was the intention from the beginning--it was a big fixer-upper, and we did almost all of the work ourselves and sold it for 50% more than we paid for it. (At the same time, we made sure we were okay with the neighborhood long-term if it turned out we had to stay there longer than we'd anticipated.) Of course you can never say for sure, but we don't intend to ever move out of this house we're in now.

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