Latest / Early Edition with Ryan Bridge / Ryan Bridge: We're not too poor to buy property, we're too fussy
Transcript
- 0:00Speaker 1: If these new trade me numbers are to be believed,
- 0:02Speaker 1: and I have no doubt about them, I have no
- 0:04Speaker 1: reason not to believe them. Then the biggest problem that
- 0:07Speaker 1: we have with property and getting a foot on the
- 0:10Speaker 1: ladder is not price. We're not too poor, we're too fussy.
- 0:16Speaker 1: So trade me has surveyed its members as the market's
- 0:19Speaker 1: showing green shirts, et cetera, et cetera. Forty four percent
- 0:22Speaker 1: of buyers we're willing to compromise on the size of
- 0:24Speaker 1: a section, only forty percent on the size of the property,
- 0:28Speaker 1: only forty percent on the size of the garden, only
- 0:31Speaker 1: thirty three percent on the condition of the property, and
- 0:34Speaker 1: twenty eight percent on the location. So if you flip
- 0:36Speaker 1: those numbers, around fifty five percent of people won't compromise
- 0:40Speaker 1: on section size. I'll have the section size I like
- 0:43Speaker 1: and nothing else. Sixty percent no compromise on the size
- 0:47Speaker 1: of the property, sixty percent none on the garden, sixty
- 0:51Speaker 1: seven percent it must be new or near new, thank
- 0:53Speaker 1: you very much. And seventy two percent won't travel or
- 0:57Speaker 1: leave their favorite suburban hard to please much. Hey, I
- 1:02Speaker 1: bought a house with holes in the floor and the walls.
- 1:06Speaker 1: There were plants growing from the ground up into my bathroom.
- 1:12Speaker 1: The shower pulled. I had to use a bucket to
- 1:14Speaker 1: empty the shower every morning. This carried on for two years.
- 1:17Speaker 1: In fact, the shower was so small and the shower
- 1:20Speaker 1: head was fixed, so I had to duck every time
- 1:22Speaker 1: I got on the shower to have a shower and
- 1:26Speaker 1: duck my head, and the shower head was fixed. It
- 1:29Speaker 1: would only get me from my nipples down. Had very
- 1:32Speaker 1: clean nipples, very filthy here. Anyway, The point of the
- 1:36Speaker 1: story is I lived like that for two years. I
- 1:38Speaker 1: fixed it up. On you go, things are okay, but
- 1:41Speaker 1: you have to compromise. Property is not a perfectionist game,
- 1:45Speaker 1: is it. It's about compromise and it's about trade offs.
- 1:50Speaker 1: Like any good negotiation, surely everything must be on the table.
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