A house price 'correction' is coming in Sydney. Moody's Investor Services is forecasting Sydney house prices will fall 4.2% in 2018, with the largest declines expected to be seen in inner-city regions. Here are the details.
Tagged With housing
Because I both work and travel, I choose destinations based on a few important things: Fast, reliable internet; food; general safety; culture; and foo -- oops, I said that already. One of the key resources I use for learning more about a place before I go is NomadList, a handy resource that's built for digital nomads or work-from-anywhere folks like myself.
One big lesson we learned from the housing crisis: Don't buy more home than you can afford. There are a handful of rules for figuring out what that amount is, but this one considers the additional costs, beyond home price. With this rule, all of your housing-related expenses should be no more than 25 per cent of your gross income.
It seems like a long shot, but negotiating rent is more common than you think, and according to insiders, it's always worth a try. You might be able to haggle a better price by offering to do your own maintenance.
After saving up for a long time, I recently bought a home, which caught some of my friends off guard. "I thought you were anti-homeownership," they said, because I think renting is underrated. Even as a homeowner, I still think renting is underrated. That doesn't mean buying is a bad decision. The rent vs buy debate is just silly overall. It ignores the enormous grey area that exists between the two options.
The house I grew up in had a pretty limited square meterage, something I notice every time I visit my parents. It's essentially a two bedroom house with what amounts to a storage closet converted into a third bedroom when absolutely needed. The living room is very small and the kitchen is pretty tiny as well.
Dear Lifehacker, I did a careful inspection of my new apartment, signed the lease, and moved in . . . but once I was there, problems cropped up left and right. How can I hold my landlord accountable for stuff that looked OK during the inspection, but fell apart after normal use? Thanks, Frustrated Tenant
US-centric: Find potential roommates with Google maps mashup webapp Roomapes. To list your residence, enter a profile complete with rent amount, housing situation, listing description, and a picture. Search for available shares by geographic region or by zip code. Text listings (without the Google Maps) are also available. Roomapes is free and requires an email address to post yourself as an roommate who is seeking a new dig or to manage your listing. If you're looking for a new apartment, also consider previously mentioned Google Maps/Craigslist Mashup MapsKreig. Roomapes