Australian Cyber Security professional

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Joined 3 years ago
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Cake day: July 2nd, 2023

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  • Touching on the burnout section of the article, it’s not quite as cool as the PSP but I’ve been playing a lot on my Switch 2 as a form of digital detox as well. I put limits on all the addictive apps on my phone, and downright uninstalled most of them, so when I’m itching for dopamine my phone can’t give me it’s nice to turn to a game console. The switch 2 also doesn’t have notifications or egregious game updates. Currently playing through factorio and having a blast just kinda … ignoring the state of the world.








  • Banks will not give you the loan if you do not make enough such that your repayments would be less than 35% of your income. But you could very well already be paying more than 35% of your income as rent. Trust me bro not everyone is renting because they feel like it. One of my friends saved a $100k deposit but didn’t have the income to get a big enough loan for a house. These people aren’t just stupid. Buying isn’t an option for them.


  • Yes, it’s in favour of buying in the past. If you missed your window you’re fucked though. That’s why I bought, because I recognised the sliding window and knew if I didn’t buy now I’d be locked out of buying forever and instead get stuck renting forever. I don’t think anyone is against buying, just often unable to.


  • Yes I’ve applied. I bought a place last year so it’s very fresh. Banks being math-based is exactly the point. They won’t bend the rules for you. Plus the expense is mostly set in stone once you buy, whereas with renting you can rent an affordable place and have it increase year-on-year every year following, taking it from within that 35% to above it.


  • Banks don’t give loans like that to people who aren’t high earners already.

    People could happily spend 50%+ of their income on their mortgage but banks will not give them those loans because they are seen as high risk, whereas people can rent at 50%+ of their income because there’s less risk for the landlord (their only real risk is having to find a new tenant).