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Old 10-07-2011, 08:11 PM  
AdultKing
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Join Date: Jun 2003
Location: Outback Australia
Posts: 15,601
Quote:
Originally Posted by JA$ON View Post
And if they live somewhere where homes cost 200k, that doesn't count...thats less than a car payment (nothing wrong with that...I wish I lived somewhere where home prices were more reasonable than they are) but in terms of claiming BALLER status, I think home ownership should be AT LEAST a prerequisite, no?
$200k in Melbourne wouldn't buy you a bedsit single room flat.

Where I live, the average apartment costs $450k for a dump and about $750k for a house needing renovation.
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