Modena

S2000. Newer and lighter.

Link

Lambo in Essendon

Reventon is still the best. Probably the best Lambo ever made.

Not sure... sorry but if u want to change the auto oil in ur skyline go for Catsrol Transmax Z... its fully synthetic and protects like no other oil. Expensive though.

Get a full trubo back zorst... not a canon drony crap but a twin pipe.

Rebuild if its cheaper.

Go to Cavill Avenue... thats where it happens

Check out Cargo...

Get another car man.

F430... Chapel St

Black wheels on white is nice.

Money = security and freedom. A rich bloke who loses his job tomorrow can afford to kick back and relax. A poor bloke who relies on his pay cheque to get him through another week will be terrified of being jobless. Money does not make you happy if you are a sour puss, it makes you feel even more happy though when you are already a cheerful person.

Chicks and clubs!!

mmm gtr

Corolla for the win!!

That "Ferrari' is too small and the front is out of proportion compared to the real 360 Modena.

Hence why there will be half of Australia renting by 2040 (you backed it up by your last paragraph). Also people must always live somewhere... this is what makes RE so attractive. By the way, studying RE and ivnestments is one thing, doing it is another. You should get into it. Look back in the late 80s... the world predicted doom and gloom for the conomy, yet the house prices jumped dramatically in the 90s and interest rates went down. Last but not least, if you EVER want to get rich (long term) do what the minority does... dont follow the sheeps' mentality. When the media and every day Joe Blow says "run!!" the rich folk are investing and buying. After all, the rich make up less than 1% of our population.

I am just trying to make the guy see the big picture of what good and debt can be. Its his choice but he wanted our opinion.. more of an excuse to get the loan for the car. I borrowed 5 grand from ma bank for my first Skyline... dumbest decision I have ever made. Did it kill me financially? No. I repaid (overpaid) for it within 11 months or so.

According to REIA (Real Estate Institute of Australia) the average house price in Australia has pretty much doubled around our country. Take a look at this: An average house in Melbourne: 1967: $13,000 1977: $38,000 1987: $89,400 1997: $175,500 2005: $375,000 Thats actually more than doubled in 10 years time. I think now an average house price in Mlebourne in 2009 is around $470,000. Thats an AVERAGE, nothing fancy. So the house values DOUBLE not every 10 years but every EIGHT to TEN years! And actually the groth pattern has stayed pretty constant througout the last century. Also dont forget that as our population continues to grow, so is the demand for housing. Currently there is not enough housing for Australians, this will get worse progrssively as we have a lot of migrants coming in. They are predicting by the year 2040, 45% of Australians will be renting. To an average person this says that RE is a solid investment for the near and distant future... and took a look at the interest rates now! Pay less attention to the CPI, look at the real house values. Are you a home owner or an investor in RE?

Wrong... the bodies that control the cost of housing are the BANKS and the Government. People that buy houses are merely pawns. Its all about supply and demand. Off course RBA and interst rates are vital here too. I was like you 1 year ago, thinking "I cant afford to buy a house"... about 4 months later I bought one... off course I took out a 30 year loan but now I am already thinking about buying a second house/unit for investment... the tax man and renters will help me pay it off. I just need a healthy deposit and some equity in my first house. Its not that hard if you really want it. You just need to read more on investing as opposed to cars

Those housing commision flats are not bad really if you struggle to find work or have a disability. Our family friend has one in the inner city and it is a nice place and prolly costs her around 60-70 bucks a week in rent. The only thing is, that lady is around 50-55 yo. She came to Australia around 12-14 years ago and is single. Her neighbours are OK... but I have seen some horrible housing commission places where your neighbours are refugees from 3rd world countries... and Id hate to live next to them... its a luck of draw really. You can off course move to another housing commision. Where would you park your car though? No garages and limited parking... she only has around 20 parking spaces and I can safely say that in that high rise building, about 200-300 people reside. She also has one bedroom flat. So a bit squashy, I mean for 1 or two pple its ok, but anymore and its real tight. Also I dont think you can ever buy an investment property or any other asset while living in housing commison (I can only imagine) you also cant rent it out unles cash in hand but if you get busted... Yeah I pay a fair bit of taxes but there is no other way unles cash in hand which is naother topic.

Its not about taking it with you... its about building a solid asset column while you still are young. The biggest thing you have going for you when you are young is being able to work... time is all you have. Once you hit your 50s, you will despise going to work every day and will be dreaming of retirement. Now here is where it gets interesting. Pension paid in AUstralia is peanuts. Age Pensions from the Australian government are worth $14,615 per annum for single people, and $24,414 per annum for couples in the 2008-2009 financial year. Can you tell me how you can survive on that or lead a comfy life? Cos remember, your health declines quickly after you hit 60. You need to buy drugs, go see doctors and pay for your housing so if you have not paid off your house, where the heck are u gonan cough up 300 bucks a week for rent when your pension is only about 270 bucks per week?? What if you had 3-4 houses when you were retiring (it is quiet achievable in 30 years time) that were all paying you rent? You could probably retire at 50, not 65. You are 32 yo and you own an old car that is worth about 12 K... that says a fair bit. Dont get me wrong I love sports cars and wish I had the R35 GTR instead of my house, I could easily buy it, but id rather do the hard work now (buy the house) and then once im settled start to think about expensive toys. In real life you need to prioritise: 1. Save up 2. Buy house 3. Invest in shares or more real estate (shares are down now but will rebounce after 4-5 years) 4. Buy toys (exotic cars etc) 5. Retire at 65 with assets that will support you without you having to work or be silly with money and 1. Buy an expensive car on credit 2. Rent 3. Spend all your pay cheques on modding your car, booze and goin out 4. Buy another more expensive car on credit, sell your first car for 1/3 of the price you paid 5. Retire on pension and/or work till you die to afford the basics

There is nothing better than real estate for investments... esp in Australia. The worst investment you can make is to buy a regular sports car (Im not talking about limited edition Ferraris or Lambos that appreciate in value) that will half in price usually in 4-5 years time. The fact is that property prices in Australia have doubled every 10 years, you buy a house for 300 K now, in 2019 its worth 600 K... In 10 years time the rents are not going to be 300 bucks a week either for that property, they will be around 600 or even much more while your loan is ever decreasing. If you buy two houses or more, over ten year period they will all double in value without having to do squat really, just put some tenants in and hire a good property manager. Ever wonder how some people drive around in Porsches and Ferraris? Well some of these people invest in real estate and shares over the long term, while guys like you keep buying cars that depreciate and keep renting. I bought a house 8 months ago, yeah its tough as interests rates back then were high, but now they are coming down so rapidly there is no excuse. You can own a 300 K house for around 400 bucks a week. Some pople rent for 400 bucks a week. What would you prefer? And if you are still living at home then there is more incentives to buy an investment property. Your choice man. And as for being a broke uni students living in the pits, there is only so many days you can live on 2 minute noodles... I rather munch sushi, prawns, salmon and nice juicy steaks!

I guess banks do want to see some credit history that tells them you can repay money back. But lending criteria has changed since October 08.