澳洲Australia property Hard Saving | Sydney


在澳大利亚 Appologies for all the threads, I dont have much time to get organised before the auction on Saturday. I had a question about the solicitor/conveyancing fees. I remember last time I had this done it cost over $1000. But that was soliciting t I have been looking at units in Sydneys upper North Shore. Only in Ku-Ring-gai so up to Wahroonga. The area seems to offer good fundamentals, is very popular and in general seems to be a lovely place. My favoured location to buy I think is G


I was talking to an employee today. She's just moved into a new house, which she and her husband have bought.

They arrived in Australia four years ago- she spoke no English at all, and had no money. Her husband was studying for his PhD- which he got about one and a half years ago. With two late primary aged children she worked her backside off.

After her husband got his doctorate, he got a job at a university.

Because it's difficult for foreigners to get a large loan, they had to put down a larger than normal deposit. A $400,000 house with very substantial equity.

She works for me daytimes five days a week- and for another Subway three nights. She studies English at the local TAFE two nights a week, and often does weekend work elsewhere.

She has been my most reliable employee- she's never missed a shift, and I don't think she's even ever been five minutes late.

Congratulations to them, and all the people like them.  

评论
Yep!

Well done to her. Too many people in this country are born with a carrot up their ar$e and expect everything for little to no effort.  

评论
You've just put me off my dinner! :eek:

I agree Geoff. I have Chinese friends who did something similar. After a fully owned house in Melbourne and an ip in Kew the bank has still refused them a credit card because their incomes aren't high enough.

I was so impressed by how far they could go on so little.  

评论
very impressive. if you want something, work for it.

when you get it, make it work for you.

these stories are good to hear.  

评论
Yet another example of immigrants to Australia putting in the hard slog to achieve what they want. No whinging, just do what has to be done.

Great story Geoff, thanks for sharing.  

评论
Agree, Geoff - and good on them! Their story illustrates perfectly the difference between applying hard work and determination and achieving something ..... and standing around wingeing about 'housing affordability' and achieving nothing!

Cheers
LynnH  

评论
Similar story with one of my staff: just moved over from overseas, wife speaks no english, 6 kids :)eek:)....

He's looking to buy a home and get established, no complaints, just hard work.

In fact he said something that gave an insight to why these people work so hard and will be so well off in the future. It went along the lines of:

Where they came from, life was TOUGH

When they came here, they found it amazing and were very grateful that the
welfare system would help them survive.

They want to work hard, so that they can repay the system that helped them. They want to work hard, because they know their reputation and livelihood is on the line.


The only downside is that such employees can be open to exploitaiton by unscrupulous employers. :(

Cheers,

The Y-man  

评论
geoffw said: ↑
I was talking to an employee today. She's just moved into a new house, which she and her husband have bought.

They arrived in Australia four years ago- she spoke no English at all, and had no money. Her husband was studying for his PhD- which he got about 12 months ago. With two late primary aged children she worked her backside off.

After her husband got his doctorate, he got a job at the university.

Because it's difficult for foreigners to get a large loan, they had to put down a larger than normal deposit.

$300,000 on a $400,000 house.

She works for me daytimes five days a week- and for another Subway three nights. She studies English at the local TAFE two nights a week, and often does weekend work elsewhere.

She has been my most reliable employee- she's never missed a shift, and I don't think she's even ever been five minutes late.

Congratulations to them, and all the people like them.Click to expand...
With her working all these hours, and him at the Uni, who looks after the kids?

It sounds as though it's the Dad at night on his own, and on the w'ends as well, and she's working herself to death.

While I admire their work ethic, there needs to be a better balance than this.

Pay her another $10 per hour if she's so good and tell her to give up the other job and have a life.  

评论
If shes saved $300k in 4 years thats saving $75k pa. However talented they may be I query whether your sandwich artists are earning $75k pa before tax.  

评论
I am currently working with someone who sounds very similar to the people the OP describes.

He said to me that most people in Brazil prefer to live in highrise apartments than houses. I asked him why and he said "because it is safer".

We really dont appreciate how lucky this country is sometimes.  

评论
and who said Australia was only interested in letting in skilled labour?  

评论
They're running guns and drugs on the side.:D

boomtown said: ↑
If shes saved $300k in 4 years thats saving $75k pa. However talented they may be I query whether your sandwich artists are earning $75k pa before tax.Click to expand...
 

评论
Thats a fantastic example of good ol' hard work and determination. Great story Geoff :)  

评论
boomtown said: ↑
If shes saved $300k in 4 years thats saving $75k pa. However talented they may be I query whether your sandwich artists are earning $75k pa before tax.Click to expand...
1. She's been working in 2-3 jobs. $18 ph, 70 hours pw is about $70k.

2. Husband has had a lecturing job for one year, on top of what she has been earning. And he was working during uni breaks.  

评论
Most aussie's don't know how lucky they are, and don'tunderstand the opp's they have here. sending some over to, india, brazil, and mexico, with no support would change their views , on what they should be doing in the lucky country!  

评论
Great story geoffw. Lovely to hear a positive one from the 'native' Aussies. :)  

评论
BayView said: ↑
With her working all these hours, and him at the Uni, who looks after the kids?

It sounds as though it's the Dad at night on his own, and on the w'ends as well, and she's working herself to death.

While I admire their work ethic, there needs to be a better balance than this.

Pay her another $10 per hour if she's so good and tell her to give up the other job and have a life.Click to expand...
Hi LAA,

If it was the other way around (the husband working long, hard hours) would you be saying the same thing?

Geoff - that is an absolutely fantastic story! Congratulations to them for working so hard, proof that focus on a goal and Never Giving Up eventually brings rewards. Pretty soon they'll have that house paid off and who knows, they might even start looking at a few I.P.s.

Have you spoken to her about investing yet?

Mark  

评论
LynnH said: ↑
Agree, Geoff - and good on them! Their story illustrates perfectly the difference between applying hard work and determination and achieving something ..... and standing around wingeing about 'housing affordability' and achieving nothing!

Cheers
LynnHClick to expand...
Well said.  

评论
I'm met a few hard working people likethat in recent years through work. Like one lovely young Ethiopean man in his early 20's. two buses to get to some kind
of steel works factory for his day job. Then back on a bus and off to the casino for his second job. Food is cheap there for staff so saves that way. His lovely young wife doesn't see him until midnight or so, and once we can get her English skill up, she'll be looking for a job of her own. They make the absolute most of their free time together. They just know how to work very hard and get a lot of money together quickly.  

评论
This sort of attitude is not unusual for immigrants from 'less fortunate' countries. They come here and it's like the Garden of Eden. All of a sudden, they've gone from a place where they have virtually no options to a country where they have the opportunity to achieve almost anything - like everyone else - and take full advantage of that.

Top marks to them I reckon!

Mark  

转载出处链接:http://www.china2au.com/html/Property_Investment/2020/0516/470439.html