The "why" is harder to explain than the "how.
Sydney Sydney is finished. As my dear friend Andrew P Street told the ABC yesterday from his new base of Adelaide, Sydney is a cesspit of overpriced houses connected by hopeless public transport, where you can't get a drink anywhere at all and every single cultural centre has closed down.
The only tourist attraction in my hometown these days is tumbleweeds. Nobody wants to live here anymore, he saysso every single Sydneysider is currently scheming to move to Hobart, the Gold Coast or even Adelaide. Sydney is a city that " punishes you for living in it", Andrew has written, as often as our courts are punishing Salim Mehajer.
We should all leave immediately. Go ahead — I'll sacrifice myself by being the last one out. Hobart is waiting for you, and it's sort of near the amazing MONA! And how about the Gold Coast, which now has its very own train line?
Okay, so that was a blatant attempt to push down Sydney property prices. But it won't work, because the fact is that for many of us, this city is the only place we'd consider living. Sydney has consistently been voted one of the best cities in the world. Mary Lloyd Do you want grass or a night-life?
Admittedly, Andrew isn't the only friend of mine who has left Sydney this year with the unreasonable demand for a house with a backyard that's less than a forty minute commute from where they work. He's not even the only one called Andrew. A few years ago, I was drinking with a bunch of commercial lawyers who were all bemoaning the impossibility of buying a place where their kids could frolic in even a modest-sized patch of grass.
Gosh, I thought — if none of you high-salaried corporate workaholics can afford it, how on earth can someone making a crust as a writer? More Australians leave Sydney than move to it. The Herald recently published a study saying that of us leave Sydney each day, while only 85 move here.
But instead, people move here from overseas, as happens in places like London and New York, too. The result is a more diverse, globalised city. And while we may not have backyards, we get to live in a city that's one hell of a playground. Embrace cosy spaces This town is full of people who are determined to stick with Sydney's unique blend of almost obscene natural beauty, cultural and nightlife which is in many ways better than ever, thanks to the small bar laws and food culture still terrificand all the perks that come with being a big city.
So, we move to smaller homes — I've been an apartment-dweller for nearly 20 years because I prefer being in the centre of things to having space. We mortgage ourselves to the hilt to get a tiny foothold into the city's property market, because we know it'll almost certainly be a great investment.
And guess what — property prices are actually falling in many areas for the first time in years. We'll soon be able to afford housing again, in only 80 or 90 years' time! Investing in Sydney property might be hard, but at least it will pay off.
Taryn Southcombe Sydney's expensive because it's good Leaving Sydney means losing the benefits of scale, history and reputation. It's indisputably Australia's most global city, and punches well above its demographic weight.I have really wanted to write an article on why I hate day-trading for some time now because I actually do HATE it Day-trading is something that everyone knows about; you could walk up to any stranger and say “what do you think about day-trading?”, and they would probably say something like “risky, but it can make you rich really fast”.
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Welcome to Boxt! As your "complete gift service", Boxt is dedicated to fulfilling all your personal and business gift and hamper requirements in an efficient, professional and personalised manner. Sydney's expensive because it's good. Leaving Sydney means losing the benefits of scale, history and reputation.
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