Sat 27 October 2007 - In your neighbourhood
My goodness it’s neighbourly out there today. All I did was go for a walk to the supermarket, and on the way back had a chat with the bloke next door, taking his young kids for a short walk, who thanked me for last night letting him know his car lights were left on; the bloke across the street, sweeping the leaves from the gutter; and we both got a wave from the people next to him, driving off somewhere.
Maybe we’re all in a good mood today because real estate prices have continued to rise ridiculously high — the latest REIV figures show the median price up about 50% since I bought here. (My house is on the small side; I paid a fair bit less than the median, thankfully.)
- 4/7/2007: How about instead triggering gentrification in some of the cheaper suburbs, so the demand is spread around? You can’t move places to be closer to the CBD, but you can level the playing field a bit.