When I moved to NYC I thought I had met my match in the real estate market. I mean, 8 million people crammed into a tiny island all looking for shoe-box sized apartments? Believe me, it's nuts. But guess what- it gets better. If you're really up for a challenge try finding a place in Perth.
Case-study one: We search for ages. We find a very attractive little house. We go visit during open house. We put in our application and $300 deposit. We wait. Wait. Wait. Another open house for the same place goes on the next weekend [what?? you already have 15 applications, including ours, why another open house?]. We wait. The agent can't comprehend that all four people on our application want the same house, together. We get confused phone calls. We wait.
Still waiting.
Case-study two: Same as above, but this time application gets denied [after waiting] because we're four students and not a husband and wife with a kid and a baby on the way [how far should one go to find an apartment?... hmmm].
To top it all off, the Perth housing crisis is all over the news. http://www.abc.net.au/am/content/2007/s1850306.htm
The same news I troll through each day flipping through rental crisis articles to get to the property listings pages in the back. Ouch.
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