$100k savings ‘impossible’ to buy house

“…there doesn’t seem to be anything under million dollars in Sydney anyway”

Hmmm… it just sounds as though they need an expectation adjustment. A home doesn’t have to be a million-dollar house in Sydney, does it?

If people insist that they can only live in a certain kind of house, of a certain size in a certain area, then obviously they also need to adjust their expectation to a certain price range. If that’s too expensive for them or they can’t afford it, then shouldn’t they reevaluate their choices.

#realestate #property #homebuyers #homebuying

Despite having $100,000 in savings, Amy Kitts and her husband Ben feel “hopeless” about their dream of ever owning a house in Sydney and say they are priced out of the market, despite their huge chunk of money.