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Victoria's unemployment rate hits 13 year high at 7%; Rising unemployment, rising speculation and rising house prices, POP!
Topic Started: 7 Aug 2014, 08:57 PM (5,111 Views)
Robert
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Frankly I’m surprised that Aussie youth are not leaving in droves, unfortunately I suspect the real reason for staying put is the poor education they’ve received courtesy of a mostly dysfunctional high school education system.

As an outsider it’s hard for me to fathom why the local schools/methods, proven to be successful, are not being copied and expanded. NSW has a great select school system, yet educators seem hell bent on shutting it down rather then leveraging the proven best practices of selective schools to improve the rest of public education.

To be honest the mystery to me is why Aussie kids are not up in arms at the way they are being cheated out of the educational skills needed for 21st century success.
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Dr Watson
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lulldapull
8 Aug 2014, 12:49 AM
How in the fuck can someone with no housing debt, and living in a rapidly declining Aussie job market, and witnessing no doubt, a declining housing market be a sucker?
Except that the "declining" housing market is in fact rising. Do you aspire to purchase your own home one day? If the answer is no, and you're saving a healthy slice of your income and investing it into the stockmarket or a business, then you're not a sucker. But if you do aspire to ownership, while you're blowing your dough on travel, wine and pussy, then you're a sucker ... because the amount of debt you need to take on to buy a home is increasing faster than you're saving. Which are you?
Edited by Dr Watson, 8 Aug 2014, 04:25 PM.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Timo
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van
7 Aug 2014, 11:16 PM
But who is the sucker? those that bought or those who didn't?

Yeah stupid children and babies, they should've known, what a lazy generation, even the unborns could've started buying houses!
Dr Watson
8 Aug 2014, 04:22 PM
Except that the "declining" housing market is in fact rising. Do you aspire to purchase your own home one day? If the answer is no, and you're saving a healthy slice of your income and investing it into the stockmarket or a business, then you're not a sucker. But if you do aspire to ownership, while you're blowing your dough on travel, wine and pussy, then you're a sucker ... because the amount of debt you need to take on to buy a home is increasing faster than you're saving. Which are you?
What of the generation born into the mess created by the baby boomers?
Edited by Timo, 8 Aug 2014, 04:42 PM.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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Frank Castle
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Business As Usual

Timo
8 Aug 2014, 04:38 PM
What of the generation born into the mess created by the baby boomers?
Me and my Gen X peers and even some Y's are doing just fine chump :re:

Whats your excuse for being such a pathetic loser?
Edited by Frank Castle, 8 Aug 2014, 04:55 PM.
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Timo
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Frank Castle
8 Aug 2014, 04:55 PM
Me and my Gen X peers and even some Y's are doing just fine chump :re:

Whats your excuse for being such a pathetic loser?
You've just pointed out perfectly why the mess will be left for those with no participation in the housing bubble.

Get a job and pay some tax leech.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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Frank Castle
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Business As Usual

Timo
8 Aug 2014, 04:59 PM
Get a job and pay some tax leech.
We pay plenty of tax fuckstick
And get no additional gubmt handouts unlike you and your ilk

Now stop your whining and get off your lazy arse and earn ME some money
Rent is due on Wednesday.
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The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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nelson
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Frank Castle
8 Aug 2014, 05:22 PM
We pay plenty of tax fuckstick
And get no additional gubmt handouts unlike you and your ilk

Now stop your whining and get off your lazy arse and earn ME some money
Rent is due on Wednesday.
Too bad your capital in depot hill has been declining since you told us you purchased there ten years ago , and you told us recently you had your first rent decline in all those years. The beginning of many to come.
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Timo
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Frank Castle
8 Aug 2014, 05:22 PM
We pay plenty of tax fuckstick
And get no additional gubmt handouts unlike you and your ilk

Now stop your whining and get off your lazy arse and earn ME some money
Rent is due on Wednesday.
You've been on the tax payer teat for far too long, time to wean leech
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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lulldapull
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Dr Watson
8 Aug 2014, 04:22 PM
Except that the "declining" housing market is in fact rising. Do you aspire to purchase your own home one day? If the answer is no, and you're saving a healthy slice of your income and investing it into the stockmarket or a business, then you're not a sucker. But if you do aspire to ownership, while you're blowing your dough on travel, wine and pussy, then you're a sucker ... because the amount of debt you need to take on to buy a home is increasing faster than you're saving. Which are you?
As usual Watson, in you naivety, you missed the gist of that comment. :lol

Now once again, why in the fuck would anyone invest in property when come tomorrow you might not have a job?

What part of.........the current combined unemployment/ underemployment rate hovering at around 20%.........do you not understand?

Are you a teenager? or a high schooler? Do you even work, or not yet?

Here a bit of a reality check for you:

http://www.wsws.org/en/articles/2014/08/08/jobs-a08.html



Edited by lulldapull, 8 Aug 2014, 10:56 PM.
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herbie
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lulldapull
8 Aug 2014, 10:55 PM
... why in the fuck would anyone invest in property when come tomorrow you might not have a job? ...
To get rent off if they don't have a job but have cash and rental returns are better than bank interest returns?

Ask Mango's mum about it maybe? (She understands and I'm maybe starting to ... :) )
Edited by herbie, 8 Aug 2014, 11:05 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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