Monday, June 17, 2019

Although our government hasn't been really stable these past few years, I'm still so grateful that my parents moved to Aus all those years ago. The past few weeks/days have been so crazy in HK. Have to acknowledge the persistence of all the protestors. Although I do have to wonder what's going to happen when 2047 comes, and the whole 50 year thing since 1997 comes up...I'm just grateful my family there is safe.

The great thing about Sydney Metro is that it has really freed up traffic jams on the m2, esp leaving the city during peak hour. On my occasionally days off trekking to the city, there's like no traffic, but like in 2013 where there was minimal traffic on the m2 (and back then it was only 2 instead of 3 lanes). The closest station is still a 8min drive from my house, but I realised all the stations except for a few like Castle Hill, Showground, all are situated on the outskirts of the suburb, so hence why they built car parks since you need to drive there. The Cherrybrook station has the smallest carpark, probs cause land is more expensive, and further out North West you go, the car parks are so big. Like Kellyville and Bella Vista car parks are at least 4x bigger than Cherrybrook. Then at Tallawong because there's so much land out there, they just did open space car park instead of multi-storey with no roof over the top. The car park there is so big, it'll probs stake around 10min walk to the station since it's like the size of a couple  football fields. Although I probs won't live in Cherrybrook much longer, I'm glad this side of Sydney finally has some sort of transport. Still have to drive since everyone in this area has around 2-4cars per household, cause you can't survive without a car in the Hills, but better than clogging up roads/increasing traffic.

The current apartment situation around Sydney is so crazy. So many new properties, but then places like the Opal Towers and Mascot Towers with structural defects. If you're living in ti or using it as a investment property, you'll never be able to sell it, and you still need to pay the bank more than what it's worth. Literally your savings go down a drain. Like the Mascot building is not even 10 year old, means pretty much any apartment in the past few years also risk structural defects. You can't even sue the builders because they have either deregistered and changed company names or have already gone broke...Some buildings now have some cladding on it as well which makes things complicated since off the plan apartments won't even tell you what the actual building is made of. Colleague of mine when she inspected her apartment in Epping before settling in, had cracks across the glass door and kitchen bench which they probably just flipped over to hide it on the final inspection. If the apartment inside is already dodgy, then imagine what sort of material or lack of good material the actual building would be...Even though low interest rates atm, you really don't know which apartments are dodgy until way late, esp off the plan you can't even examine what you're buying...Not that I have the money, but current news puts me off investing in apartments cause of dodgy construction only coming up 10 years later...

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