Peter Richardson has been a journalist on the Sunshine Coast for 50 years and is the former editor of the Nambour Chronicle. Last year he published Chapter and Verse, a collection of short fiction and verse inspired by the people and places of the Coast. Peter is now writing a memoir of a half-century of journalism in South-East Queensland. Homebuyers may need to lower their sights
| Peter Richardson
Unaffordability of houses is getting big play in the media. Now although my mortgage worries are a long way behind me, I have to watch the dollars in my fairly frugal lifestyle, so I feel for couples who see their dreams evaporating.
“Open up more land,” the development industry cries, throwing in the motherhood term “sustainable ” to avoid frightening the horses.
The claim is that the law of supply and demand will cut in and solve the problem, but how far should we let the urban sprawl go?
I’d like to see home affordability aimed at from a different angle. How about a bit of public education to convince would-be home buyers of the need to cut their coat according to their cloth, and to reassure them that having a large house with all the furniture, furnishings, white goods and so on already in place isn’t essential to the satisfaction of owning one’s own home?
Among my happiest memories is the gradual furnishing of our first modest cottage with stuff given by relatives, bought at exciting auctions or occasionally saved up for.
Old-hat, I know, but the principle of living within one’s means shouldn’t be a casualty of the advertising industry’s dream-making machine.
The huge loans taken out by working couples on first homes, and their spending on furnishing, decorating, landscaping and so on before they even move in, staggers me.
What happens when one of the two incomes suddenly stops due to illness or some other circumstance? Up goes the “Must Be Sold” sign and down goes the dream.
Perhaps it’s time to dust off that old slogan: “Small is Beautiful”.
Crude label objectifies women
Have you heard about yummy mummies?
I came across the term only recently, and I don’t know what the sisterhood thinks of it, but it strikes me as yet another of those crude, instant labels that are taking the place of apt description, debasing our language and, in this case, surely, objectifying women.
Comely young mothers who like to look their best surely deserve a better expression of admiration than a line more suited to a grab-it-and-go food ad.
So what’s next, the glam gran?
Greying gracefully
Now, as a disinterested but not uninterested observer, I’m about to step fearfully into the landmine-strewn field of male comment on female style.
In recent months, I’ve noticed that among women of, shall we say, mature age, there are a lot more grey or greying heads, and I like what I see.
Greying is a natural accompaniment of maturity, and it seems that this is at last being acknowledged not as a process to be denied, but welcomed and turned into a styling plus. It has even had good press from the national media’s arbiters of fashion, who have given it what seems to be today’s ultimate but rather tacky tick of approval ... “sexy”.
What’s the matter with just “attractive”?
And another thing …
I see that I’ve made a distinction above between “disinterested” and “uninterested”.
This is just one of those fine shades of meaning in which the English language is so rich, but which are rapidly being lost to loose usage and poor vocabulary in what we read and hear. If you’re puzzled, I suggest you do some dictionary drill.
rich.29@bigpond.net.au




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Recent Comments
We do not own a plasma TV, I drive a 11 year old car, and we hunt for bargains. We also own everything outright.
In fact I commented to a friend that our new bedframe is the first one that I have ever bought brand new. I am just starting my second half century. I have taught my kids to be careful with money and fix things instead of throwing them away. There is hope in the next generation but parents guide your children in not expecting everything immediately.
I loved what you said about the English language. It is a fascinating language when used correctly. It is a pity that most people abuse it. I deplore the bad spelling that abounds in the blogs, newspapers and general signage. Once again, well said.
1. A lot of people appear to want new for a first home. 2. Developers appear to be only releasing small parcels of land to keep land prices artificially high. 3. In a lot of cases Developers land covenants do not allow the building of ‘Modest’ homes that you used to see. ( 3 bedroom no ensuite single carport – 140-160m2) 4. The time taken to get land development approval though Councils appears excessive. 5. Successive Governments while future protecting our water, electricity etc are adding thousands to the cost of new homes thus making them less affordable.
Pre GST you could build a 180m2 home for $80 – 100K and land was around $60-80K. Add 10% for GST, add energy efficiency costs such as insulation, energy efficient light bulbs, changes to Hot water systems, compulsory water tanks and I’m sure there are other items I’ve forgotten. The ratio between single income earnings and home costs from when I bought my first modest new home was around 1:2. Please note these are my personal observations and most people will probably have different circumstances.
In the last 8 years house prices have risen by around 100+%. Land prices have risen 200+% and the land has almost halved in size. Single income earnings have risen 40%. The ratio between single income earnings and home costs is now 1:6 (based on a similar style home). Is it any wonder we have an affordability problem. As a side issue the energy efficiency of new homes makes me laugh. Houses used to be built with around 20 light points now there are 40+ due mainly to downlights, add airconditioners that are going into a huge number of homes homes and tell me where the savings on electricity is please. Those of you who disagree look at your eletricity useage.
I really feel sorry for the young, single-income family these days. The world really has moved towards dual incomes being the norm. Either that, or young, highly paid, single, urban professionals.
I remember when I was younger it was almost unheard of for a young family to go out and buy a house as their first home. We would start out renting a granny flat or a small unit and then maybe buy a unit and then, when we were more established financially, we would think about buying a house with great fear and trepidation lest we may not be able to manage the mortgage payments.
I know that the world has changed since then and that there are very few granny flats and units available to either rent or buy these days...especially on the Coast. But I believe that is what we need to try to get back to if we want to fix the housing affordability for young people.
One thing is for certain though. If we leave it to the land developers to fix, it will never happen. They are in it to make money and there is no money in cheap housing. So that leaves the Federal, State and local governments to come up with a solution.
I also applaud the point about young people today wanting everything now. They don't seem to be able to wait for anything. Their lives seem to be unbearable if they don't have the brand new home with all mod cons and the new car immediately.
Don't misunderstand what I am about to say because I know that it is not generally the case. I offer it as an extreme example. I have spent a bit of time in one the Coast's cheaper housing developments lately as my own kids have been able to buy a house there. It just amazes me that, although this is an area which is classified as being for "first home buyers", nearly every driveway has at least one brand new car, usually two. Baby Beemers, Landcruisers, HSV Holdens, even one Porsche...and boats. And that's only one street.
One of the neighbours (in their late 20's) stopped to have a chat. They were bemoaning the fact that they didn't know where to put the home theatre system in their new house. They really should have bought a house with a room dedicated to that.
We eat good healthy food and grow some of our own fruit and vegetables. Whilst we have improved our gardens, it was done with our own labour and as cheap as possible, our mulch is from the council dump or generated from our own garden "waste". No aircon, the house is old and was barely liveable when purchased, our renovations have been very modest and done on the cheap, with safety a big consideration.
We're both on average weekly earnings as professionals on the coast, and would not be able to afford the mortgage on one income. No banks would give a fix interest mortgage, the best we did was a 50/50 fixed/variable, we calculated our mortgage repayments at 10% interest, so have a buffer for the future. We're not struggling nor living the life of Riley with all the mod cons. Neither of us have wealthy parents who were in a position to help us purchase, though they have helped in many other ways.
Housing as a proportion of income is at all time highs, not complaining, trying to point out that times have changed, an average single income doesn't cut it anymore. Sure there are first home owners who are not using common sense but that is not the case for all people. The only fear is that by the time we can afford to responsibly consider children, we'll be too old.
We are yet to but our first home and have been desperately trying to save money for a deposit - giving up anything which is not necessary to live on and even cutting back on food. No chocolate in our shopping trolley!
It does seem though an impossible task as our rent keeps rising and house prices keep rising it keeps becoming more and more unreachable.
We are now looking at leaving the Sunshine Coast, our home which we both grew up in and where we hoped to raise our children. It is a pity that young people are being forced to leave their home just so they can have their little piece of dirt.
Who ever said dirt was cheap?
Entry level on the coast is around $400K and that is for a three bedroom house, single garage and 400sqm block. Hardly extravagant!
To be able to afford that you probably shouldn't be spending more than 4 times your salary so that makes it $100K you need to earn to be able to afford that.
There aren't that many $100K jobs on the coast so most couples will need to both work to be able to afford it.
When children come along things get very tough...
The basic fact is that the cost of housing in the last 10 years has gone up a lot in relation to salaries.
10 years ago the banks wouldn't lend more than 3.5 times your salary. Now that wouldn't even cover the cost of the land!!!