Thought for the day

[noirua]

One of the advantages of knowing nothing is that everything seems possible.

 

[noirua]

How Color Impacts Emotions and Behaviors

Color and emotions are closely linked. In this article we explain how colors make you feel and what impact each color can have on our emotions.

99designs.co.uk

 

[Knobby22]

Struck a chord with me. Big Terr y Pratchett fan.

 

[noirua]

‘I’m 18 years old and I wish I was lucky enough to have my teenage years in the 70s or 80s because it’s really no fun today in this sensitive world I find myself in.
I’ve just gotta say how much I hate being part of Gen Z. Permanently offended, self righteous, self important snowflakes. Half of the people I have had the displeasure of meeting, truly believe that this world owes them something just because they simply exist on this earth. Please keep your cancel culture, your self hatred and your pathetic ideologies away from me

’
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As we mentioned above, the average adult wage back then was around $4100 in 1970, and the average Sydney house cost $18,700. That would mean an income to house price ratio of about 4.5 – in other words, it would take 4.5 times the average pre-tax annual income to buy the average Sydney house.8 Dec 2020

You can see that a dollar back in the day went a lot further – around 11 times further according to the RBA’s inflation calculator, in fact. Check out this 'Woolies' catalogue from 1973:

Australian house prices over the last 50 years: A retrospective – Datamentary

datamentary.net

Young women in the 1970s versus today - who has it better?

Choice was a core demand of the women's movement in the 1970s. But do young women now have too much choice?

www.smh.com.au

 

[DaveTrade]

‘I’m 18 years old and I wish I was lucky enough to have my teenage years in the 70s or 80s

Noirua if it helps, I was born in 1952 and came from a poor family, I was 30yo before I got my first mortgage on a very basic two bedroom townhouse. Did not own it just had a deposit.

 

[noirua]

Noirua if it helps, I was born in 1952 and came from a poor family, I was 30yo before I got my first mortgage on a very basic two bedroom townhouse. Did not own it just had a deposit.

DaveTrade, it looks like you missed the 1970's mining boom that helped me into the property sector but by 1989 the mining crash wiped it all out.

 

[DaveTrade]

"I'm sinking in the quicksand of my thoughts and I ain't got the power anymore"
David Bowie

 

[basilio]

Well this is interesting. We all know about Central Park, the lungs of New York.

But what was there before Central Park ?

 

[basilio]

Noirua if it helps, I was born in 1952 and came from a poor family, I was 30yo before I got my first mortgage on a very basic two bedroom townhouse. Did not own it just had a deposit.

Interesting perspective. I'm from the same era and lived in Footscray. My first full time job was working in a factory as a storeman. What I noticed then and afterwards was that at that time in the early seventies almost all people in work could buy a house within 2-3 years.

Essentially saving like mad for a couple of years. Putting down a 10-20% deposit and then buying a house.

If you were a factory worker in Footscray you could afford a house there. I watched most of the younger people 16-18 were already engaged/married and looking to buy a house. If you had a better job then clearly you could end up with a more expensive property.

The finacing rules were simple. 10-20% deposit saved over at least 12 months. Your borrowing limit was 33% of gross income or 25% of net (after tax) . Only one income (the man) was counted. When you went out to buy a house you knew that most people bidding had the same situation. A deposit and a bank/building society borrowing limit based on the guys wage.

 

[noirua]

I'm surprised that a country with the green credentials of France would consider selling dirty noisy diesel submarines to Australia or to any one for that matter. They are certainly first friends of America since before independence but should really be ashamed of themselves.

 

[noirua]

When I choose art work: Would I in looking for the 100th time say, "so what".

 

[noirua]

 

[noirua]

 

[noirua]

 

[noirua]

 

[DaveTrade]

There are a lot of rules if you're a man but it seems that women can think and do whatever they like.

 

[noirua]

There are a lot of rules if you're a man but it seems that women can think and do whatever they like.

The quotes are from a long time ago and in those days women were just house wives and men's chattels and not to be considered. So from those days when converting to what we see as modern times 'men' means 'men and women' or indeed 'women or men' or 'what a person sees they are or what they are in fact'. However, I don't see these are modern times at all and if I had the choice being born in 100,000 years time would be preferable.

 

[noirua]

Never do anything in the daytime that will keep you awake at night.

 

[DaveTrade]

The quotes are from a long time ago and in those days women were just house wives and men's chattels and not to be considered. So from those days when converting to what we see as modern times 'men' means 'men and women' or indeed 'women or men' or 'what a person sees they are or what they are in fact'. However, I don't see these are modern times at all and if I had the choice being born in 100,000 years time would be preferable.

I thought I was being amusing with my comment. I like your 'Thought of the day' postings, they put a smile on my face, thanks for posting.

 

[sptrawler]

Interesting perspective. I'm from the same era and lived in Footscray. My first full time job was working in a factory as a storeman. What I noticed then and afterwards was that at that time in the early seventies almost all people in work could buy a house within 2-3 years.

Essentially saving like mad for a couple of years. Putting down a 10-20% deposit and then buying a house.

If you were a factory worker in Footscray you could afford a house there. I watched most of the younger people 16-18 were already engaged/married and looking to buy a house. If you had a better job then clearly you could end up with a more expensive property.

The finacing rules were simple. 10-20% deposit saved over at least 12 months. Your borrowing limit was 33% of gross income or 25% of net (after tax) . Only one income (the man) was counted. When you went out to buy a house you knew that most people bidding had the same situation. A deposit and a bank/building society borrowing limit based on the guys wage.

Interesting perspective Bas, I live in Perth and people can still do that, fifo storeman $120K+ per year, house in Maddington about $350k.

You probably nailed it with this explanation:
The finacing rules were simple. 10-20% deposit saved over at least 12 months. Your borrowing limit was 33% of gross income or 25% of net (after tax) . Only one income (the man) was counted. When you went out to buy a house you knew that most people bidding had the same situation. A deposit and a bank/building society borrowing limit based on the guys wage.

Now all you need is 5% deposit, borrow up to 50% of both partners earning capacity, let the Sydney, Melbourne ponzi scheme begin begin.

Thought for today, have two lists a must have and a wish I had list.
As has been shown with the lockdowns and the resulting savings, I must have toilet paper, but I wish I could go on an overseas holiday.