What I really like about Perth




Victor says:

Driving to work this morning, I spend some time in traffic reflecting on the years I have been here calling Perth my home now. Thank you road works and lollipop man for holding up traffic during peak hours!!!

This is truly a city that I have grown to appreciate and constantly remind myself how lucky it is for me to here. As warren buffet would have said, I have basically won the lottery just by being born in a first world country. Lucky for me, I was born in Singapore and migrated to Australia.

What is it about Perth that makes it so great,

Traffic


We have grown so accustom to having next to no traffic except during peak hours on the freeway into the city. So when we hit a jam when we least expect it, WE GRUMBLE AND BLOG ABOUT IT!! Thanks you road works and lollipop man again.


Any tourist or locals who have driven here should be able to related to this, driving into the city on a weekend, not having to pay any tolls, driving around outside of peak hours without having to plan routes or drive through fancy shortcuts in some suburban areas. On top of all that, parking is normally free outside of city areas(even in city there are free parking). Yes Malaysia and Singapore, I am looking at you!!!!

Cars are also affordable and relatively cheap to maintain. However do note that without a car, the public transport here is horrendous. We are talking 2 hour for a bus to arrive at times. Without a timetable and logistic team for planning, it can be a challenge to get to places on time(you are either really early or really late).

Working culture


This obviously depends on the company you work for and your job role however, having worked in 5 companies and contracted for 2, this is my general impression of the local working culture.

Lax. I cannot emphasize this enough so here goes, lax, lax, lax. Family over career. During school holiday, my office goes on holiday too. If you need time off, company will give it to you and 9 out of 10 times, this is what they will say.

"I hope everything goes well and take more time off if you need."

Meanwhile back in Singapore,

"SIMI DAI ZI, WAH LAO, ALWAYS TAKING TIME OFF. THEN YOUR PROJECT HOW, I DON"T CARE YOU WORK OVERTIME AND FINISH IT"

which translate to basically "WTF!!!"



We also have a mandatory 20 days annual leave a year(4 weeks if you include weekends). Something that even countries like USA is lacking behind. USA has no regulation but on average 0 for the first year and 7 days annual leave after working for 1 year which is mostly used over Thanksgiving and Christmas.

Lastly, what no OT? yes.. really.... very rarely we get overtime, and if we do work overtime, we normally get compensated for it.

Housing


This is a really tough one because it really depends which generation you are born in. With today's economy market, it sucks to be young and late into the property market. Let me explain why.

Medium house price according to REIWA: 530000
Typical down payment: 20% - 106000
Commonwealth bank variable interest rate: 4.90 p.a
Repayment each month is : 2251

Now, Western Australia medium HOUSEHOLD income: A$72,800 before tax. after tax we are looking at 5000 assuming that is dual income. single income will be 4600 roughly.


Now firstly the 20% downpayment is a bitch to save up especially if you are renting. Secondly 50% of your income is used in repayment. Not feasible considering Australia is not exactly bali cheap. Council rate, insurance, utilities and food will kill you if the mortgage didn't. Note all calculating is done in MEDIUM instead of AVERAGE so that the ultra rich or poor won't skew the results.

However, people that have got into property early are winning because firstly, income has doubled in the last 10 years and if they have bought their property early, it would have been at less than half the current price combo that with a double in income means a double win.

Victor

Programmer by day, couch potatoe by night. Born in Singapore, working in Perth Australia. Likes food, travel and all things nice.

No comments:

Post a Comment