Monday, August 25, 2014

The cheapest 3 bedroom house I can find is $300k. Help?!

The cheapest 3 bedroom house I could find that was within 20 kilometres of my workplace costs $300,000. This is a really old brick house in a dodgy area in the Western suburbs of Melbourne.

How am I supposed to afford a house for my family when even the cheapest, worst house I can find is barely affordable with a 30 year mortgage?

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