Where should Gen Ys actually put their cash?

[heids]

How could swelteringly hot weather and eternal dust be the Australian dream? #melbourneweatherftw

[Joseph41]

How could swelteringly hot weather and eternal dust be the Australian dream? #melbourneweatherftw

I actually really do like Melbourne. I've never been to Darwin, so can't comment fully - but I'd prefer to stay here, I think. Even if that meant a smaller/less comfortable property.

[brenden]

Melbourne's gotta be the best place in Australia but, I think it would be pretty cool - and very economically rational (presumably) - to move to say, Perth/Darwin... at least if you were interested in property over stocks or something like that.

[elysepopplewell]

How could swelteringly hot weather and eternal dust be the Australian dream? #melbourneweatherftw

Say that to Dorothea MacKellar.

I actually really do like Melbourne. I've never been to Darwin, so can't comment fully - but I'd prefer to stay here, I think. Even if that meant a smaller/less comfortable property.

Real talk, I love hot weather, but Darwin is a city-wide furnace at some points in the year.

[_____]

Melbourne's gotta be the best place in Australia but, I think it would be pretty cool - and very economically rational (presumably) - to move to say, Perth/Darwin... at least if you were interested in property over stocks or something like that.

Don't think anyone much has confidence in the market up there or in WA, just nice to pay less for rent/mortgage. My logic would be I'd save for a decade or something and try to come back to Sydney (unless I really liked it for some reason). Think the ASX will smash 6000 before we see a pickup in prices in tepid markets especially since prices in Sydney/Melbourne have (possibly) begun to slide http://www.smh.com.au/business/the-economy/sydney-and-melbourne-property-prices-slip-in-may-20170530-gwg5qa.html and the Commonwealth is barely investing any money up North.