Azz on Nostr: My parents looked into moving into a +55 community. The cost of a 3 bedroom house in ...
My parents looked into moving into a +55 community. The cost of a 3 bedroom house in the complex was about AUD $500k plus 8k pa for body corp. You don't own it, just lease it. When you move out you pay 32% of your initial cost for refurbishment. There is a second option where you get 50% of any capital gains but you have to pay for the refurbishment yourself.
It is peak fiat.
Hotels send busses there to pick them up to play the pokies.
Published at
2024-07-10 00:14:11Event JSON
{
"id": "c014016d92acac973775e57d40184ca2c0ccc525628d9977f43244b29ece3e62",
"pubkey": "7317f913c3de739e83ab2ddc6700a8f5caf45fac5a02c6a886b55ef9b7e34d41",
"created_at": 1720570451,
"kind": 1,
"tags": [
[
"e",
"06cf1016f4671eae91ca40ec0e5eb55d01c76c6441519abd3cdc3fe4fba2537b",
"",
"root"
],
[
"p",
"61066504617ee79387021e18c89fb79d1ddbc3e7bff19cf2298f40466f8715e9"
]
],
"content": "My parents looked into moving into a +55 community. The cost of a 3 bedroom house in the complex was about AUD $500k plus 8k pa for body corp. You don't own it, just lease it. When you move out you pay 32% of your initial cost for refurbishment. There is a second option where you get 50% of any capital gains but you have to pay for the refurbishment yourself. \n\nIt is peak fiat. \n\nHotels send busses there to pick them up to play the pokies. ",
"sig": "c21211762f68c3c385b266bb0681e714078a30006273b86a37486f570117f0d03ac14c3b8ac5916dd704cb017aa4eb2f447ce3af0cb60bb2e39a4c8dc5d882ce"
}
