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Comment Re:30%? That's cheap for Australia (Score 1) 370

Came here to say this. Currently looking at something 40-50 minutes out from my office during peak hour (30mins outside of peak periods) and will be looking at approximately half my income on repayments. And that's with a 20% downpayment!

I had assumed that California was this impossible-to-buy-a-house place but 20 minute commute and spending 40% of my income on a house?!! Sign me up! This is the stuff dreams are made of.

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