Idiom:
Put a sock in it ( shut up )
Hit the book:
Chip in
Guarantee
Represent
Sizable
Median
Exceed
Compromise
Deep pocket
35 is the new 25
When it comes to buying property, 35 has become the new 25, even for buyers with parents prepared to chip in or provide a family guarantee, he says. Most face several years hard saving to put away $50,000 to $100,000; sums which no longer represent a sizeable deposit in a city where the median house price exceeds $1 million. "It's unrealistic for the majority of people to buy a property to live in, in Sydney, under 25," Gerrard says. "Ten years ago, people were buying in their early 20s and paying off a mortgage by 30 or 35."