most expensive places: hong kong, hong kouver and sydney

Sydney is fucked

Rent in the outer rim of the suburbs was 550-600 a week for a shitty tiny house

I bet its alot cheaper to be in tokyo now or even a tier 1 us city

It would actually be

its pretty ridiculous

All the fucking chinks buying in sydney rose the prices up

sum - Today at 13:10
Why not just use debit? It was the default type provided for me by my bank
Given the choice I'd say that in every case debit > credit as at least in my opinion it's much more safer

not necessarily true, since credit card gives you
- consumer credit protection laws that allow you to chargeback more easily
- since it's technically the lender's money that is at risk, they'd be more incentivised to pursue your case and recover the money if shit goes down
- builds up your credit score

credit card is the way to go for dodgy transactions

reminds me of certain article

https://www.domain.com.au/news/how-a-video-game-proved-that-increasing-supply-wont-fix-the-housing-affordability-crisis-20180416-h0ymjz/

shit is fucked in burgerland around major metros too

Credit score shit is us only though

is it? What do banks do in other countries to ensure reliable returns?

theres a credit score system in australia

credit score isn't be all end all but gives you a rough picture of how risky lenders perceive you to be

it's certainly a big deal in the uk as well

I live in Melbourne and it's a pretty big deal. They shadily look at your credit score if you wanna rent sometimes.

Is it at least more transparent there?

lenders all have their own criteria, separate to credit score

I had a gym once run a credit check on me

Because shit is pretty much black magic in the US

*the real estate industry*

this is why I do outright

I dont have to worry about loan sharks

My mantra is if I can't afford it outright I shouldn't have it, credit scores are a farce

You can get further without it

Just gotta be money smart

*en mass savings money*

I don't see any reason not to work on your credit score though

literally just get a cc and pay back your balance on time

I dont like credit cards

Problem is if they reject you for whatever reason it shows up on your credit history you applied and got rejected

ill only get one as a insurance policy for trips overseas

At least over here

And that impacts your score

they're no more effort to use than debit cards, so I don't see why not?

Buying a house is an investment to most that they can't wait until retirement to do so. It fixes the price for them while thier property increases in value so they can retire, sell it and live off the savings

dont forget what the US housing bubble did

I bet its going to be like that but worse in australia and hong kong

and hong kouver