Life here? It's getting tougher.
In yesterday's newspaper, a two-bedroom house in Richmond sold
for A$760,000 this month. Thing is, in 1996, the same house
went for A$186,500 and in 1988, A$137,000.
I don't think the price increase is due to
renovations and improvements done to the interior.
Property prices have become pretty crazy here
over the past year.
Also in the same paper, "Inflation triple the official rate :
Soaring prices have many families struggling to put food on the
table". Examples were given, first price is for April 2007,
second one's for April 2008, in A$ :
Toilet Paper, 8 x 190 sheets, $6.57 to $7.12 (pray for no
diarrhoea!
);
Frozen 1kg Chicken, $3.55 to $6.05;
White Bread, $3.23 to $3.60;
500g Butter, $3.58 to $4.25;
500g Processed Cheese, $4.85 to $5.92;
1 Dozen Eggs, $4.26 to $4.95;
150g Instant Coffee, $7.05 to $8.80; and
1 kg Laundry Detergent, $5.75 to $6.53.
And again, in the same paper, "Rising petrol prices have
triggered a crime wave across Melbourne". Increasingly, it's
been reported that people who pump up on petrol and then drive away
without paying are mom's driving station wagons with kids inside
and no longer just hooligans. Some of them use false plates
too, to escape being caught on security camera.
Morale of the story : Life is not always greener on the other
side! 