Date: 2007-12-19 05:21 am (UTC)
The prices in this neighbourhood have increased like crazy too. My house went up in value by 15% between my purchase date and my move-in date (11 months). Now, ten years after moving in, it's worth about 65% more than I paid for it. I bought outside the city when they hadn't even broken ground yet. Now the town is growing like mad.

I figure it's payback for losing a huge chunk on my last house when I split up with my ex. Of course, it looks good on paper, but if I were to sell, I'd have to come up with that much more money to buy another place, so it evens out ... unless I was prepared to move way out into the country.

I'm good with money cheap (my former boss said so on a regular basis - I was responsible for the budget), so that went a long way towards getting where I am now. I spend very little on anything, but I love to travel, so that's what I work for.

If it's any consolation, I envy you living in Australia. It's a dream destination for me (that one dream vacation ... Australia is mine). Oh, and my house is only a semi-town (a semi-detached house that is attached by the garage on the other side). But it's big enough for us, and we like our neighbours, so it's all good.
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