Priced out of home
It’s strange to me that there is still an expectation that interest rates are going to fall any time soon. There’s almost nothing to suggest they should, with a hot property market and stable unemployment.
But does anyone else just shake their head at the cost of housing? Entry level nearing $1 million? It’s a pile alright, just not the pile we used to describe some houses. At the same time as nothing seems to be stopping house prices from rising astronomically, the federal government pours more fuel on the fire with its 5 per cent deposit scheme.
I know how this is all going to turn out, and I’ll be asked to fork out to help get my kids into the market. I’m going to buy a t-shirt to wear around home stating “Please don’t ask for credit as refusal may offend.”
Post-literate unreasoning
I read an interesting article the other day about the dire repercussions of a generation of non-readers. Apparently only a small percentage of people read any books for fun anymore. I agree it can’t be a good thing, but whether this modern way of learning, communicating, and expressing is the death knell for society is yet to be seen.
Back in the day, the barely literate would read “penny dreadfuls,” which was of course sniffed upon by the elites. But yeah, we’re doomed.