Ya Flamin’ Galah!!!

Hickinbottom’s Aussie Ramblings

You Thought I was Indecisive Yeterday……!

Posted by captainbeaky on February 23, 2008

rent.jpgYes, more indecision Im afraid. This time on the subject of houses. We’re having a real good think about buying right now. Interest rates are nearly 8% and due to rise at least another 2 times in the next few months, and the economy is kind of going crazy. Houses are about $500 000 and rising, and Becca doesnt have a job yet. All of this means that if we want a mortgage, 70% of my wage will be going towards its payment each week, and thats not taking into account the imminent interest rate hikes. There are already record numbers of houses being repossessed countrywide as folks cant keep up with the payments. So we’re thinking of maybe renting a place for a year to let the market settle. This way, we wont be so crippled by payments each week (renting means only spending 50% of my wage each week which means I can bung the rest in a savings account and benefit from the high interest rates), it means that if we buy in a years time, I will be working on afternoons, as discussed in previous posts and as such, have a premium loading on my wage. Becca will have a job, and we will have had a years of UK house sale money in an account too. However, it does mean that we run the risk of the housing market rising even more, but on the other hand, the bubble might burst and things may slow down. Everything is a risk at the moment and it feels like standing on a 100ft pole, and everywhere you turn has its pitfalls. Will have to give it some serious consideration over the next few weeks and actually have to do proper grown up things like keep track of interest rates and the like. We’re in no rush anyway as we’ve got this place until the end of June, so thats plenty of time to think. 

Anyway, enough of financial gubbins. Its been pretty poor here today weather wise. Last night it chucked it down and we had REALLY strong winds.  Bits of palm trees everywhere this morning. Never the less, we headed off into the CBD today to pick up some things for work, namely stationary and other sundry type things. Nothing spectacular to report. Oh, tell a lie, there is. Managed to get my first hands on with a MacBook Air today and was really impressed. I know all about how thin it is, fitting in an envelope and all the PR stuff, but to actually hold it and press its buttons its a truly differnet experience. Its SOOOO thin and extremely light too. Screen looks nice and the touchpad is huge. If youre near an Apple shop, you owe it to yourself to pop in and just look at the Air.

Thats about it Im afraid! We hired out Black Sheep to watch a bit later as its crap on the box (review to follow!), got a driving lesson first thing tomorrow, and then off to see Priscilla at the theatre. Ive posted the photos I took over the past few days at the usual places too. However, Ive omitted a couple of photos as theyre worthy of their own posts, so look out for them over the next few days!


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