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Old 05-08-2019, 08:01 PM   #28
Sprintey
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Join Date: Sep 2014
Location: Catland
Posts: 3,393
Default Re: Grey Nomads - grumpy pains in the ***

Franco incredible numbers for the price asked.
Yes, 17% (lets say 20%) on 50K was a very eye opening amount in 1980s dollars. That's 10,000. 5% on 834 is over 40,000 per year, each and every year. There's plenty of folks here who don't make 50K before tax.

How many years did the 17% go for before it fell? 2?
The 5% on the 834K goes on each year ad infinitum...

Back to cars, I see heaps of early 30's longboarder surfers with a relatively new, expensive Merc van. Say 50K or more, way more flash than my beat up surf wagon. But then I realise, it's their house
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