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I agree - in Sydney the expectations of the current breed of 20-something's are totally unrealistic - they think its normal to be launching into a new house of 200 square metres with three bedroom, two bathrooms and a double garage.
My first property was a "renovators delight" -a wreck of a cafe with just two rooms (one up, one down) and an outside bathroom where in winter the wind whistled round you while trying to have a shower standing in the bath. After renovating 5 more I was able to buy my first reasonable apartment, and only after I married and over 40 were we able to buy a family home.
IMHO the endless property shows on TV have a lot to do with both pumping up the prices and raising people's expectations way beyond what is appropriate for their financial means
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