Nov 10, 2010 10:31
My younger brother just bought property (or at least, he got a bank to stump for an IOU)! I should probably feel jealous or something (I'm still living in a sharehouse - love my housemates but I can't deny it's getting more and more high time to get my own place) but I'm not. In some ways, he's tying himself down to worrying about standard variable interest rates*. Plus, as a lawyer (trained in Australian law) who will soon be buying whitegoods and making sundry other major, depreciating, bulky investments, moving OS is going to be far more difficult for him that it is for me.
Overall, I think we're about equally as happy, but I've drunk orders of magnitude more beer than he has.
* Standard variable Interest rates! Remember, we're at war.