It is time to convey to the general public the distortions caused by negative gearing etc!
“March Australia” ‘The people united for better government’ plan a Rally and March on Sunday August 31 @ 1pm, State Library of Victoria. March to Parliament.
We are planning an attack on negative gearing, property infestors, (including politicians),housing affordability, homelessness, etc.
We will be making a number of placards to carry.
If any APF members or readers are interested in joining us, sharing ideas on placard wording etc., or willing to carry a placard, please email me at the email address below.
It is all of those things but it is also a doomed-to-fail move against sheer weight of numbers. Why would you bother fighting for a fruitless cause? Pick your fights, man. Pick your fights.
I agree that it's probably fruitless Doc but it's easy for you and I to say that - I'm not sure about you but I bought my house well over a decade ago when prices were reasonable and as a young couple on a very ordinary income, we could still service the loan without trouble. Today it is pretty much a walk in the park.
So spare a thought for those less fortunate than ourselves, those who are the victims of simply having been born later and are forced to pay the kinds of prices that would have been unthinkable when we bought (if they can get in at all). They have been robbed of the opportunity that we had.
I agree that it's probably fruitless Doc but it's easy for you and I to say that - I'm not sure about you but I bought my house well over a decade ago when prices were reasonable and as a young couple on a very ordinary income, we could still service the loan without trouble.
And you still can today where you live And you still can in most parts of Australia
The problem lies with those dummies that want to live in Sydney or other capitals, close in or prestige areas, in properties above their status and earning capacity.
If they grew some balls and a brain and moved to almost anywhere else in the country they could afford a place.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Skamy So at what stage is house price inflation bad? I mean if they quadrupled then I assume no one could afford to buy in? If they went up ten times, then everybody is sort of stuck as a upgrade is no longer affordable.
Just thinking, that every bull must have a comfortable limit to house price inflation, or maybe not....
If they went up 10 times then skamy would be urging young people to sign up for brand new 300 year mortgages, at the risk of having your great great great great great great great great great great grandkids becoming poor and destitute.
But that's cool, when inter-generational mortgages eventually get rolled out the aussie big 4 banks will by then be pulling in about 100bn in profit a year, that would be making some bank contractors seriously rich. Add to that miniscule rents and the inescapable deflationary spiral, my savings will be appreciating rapidly and I could probably retire in 10-15 years without ever getting my hands dirty with property, now fancy that!
Frank Castle
15 Aug 2014, 07:21 AM
And you still can today where you live And you still can in most parts of Australia
The problem lies with those dummies that want to live in Sydney or other capitals, close in or prestige areas, in properties above their status and earning capacity.
If they grew some balls and a brain and moved to almost anywhere else in the country they could afford a place.
No dickwad, the problem lies in the fact that they're overpriced. I live an area commensurate with my salary, not where a mortgage is more affordable.
Bumfuck doesn't cut it when your take home is > 200k.
"It were not best that we should all think alike; it is difference of opinion that makes horse races." - Mark Twain on why he avoids discussing house prices over at MacroBusiness. "Buy land, they're not making any more of it." - Georgist Land Tax proponent Mark Twain laughing in his grave at humourless idiots like skamy that continually use this quip to justify housing bubbles.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
So why are you whining? You CHOOSE to live in an area with high prices - you admit it yourself.
$200k and cant afford a house You really are a whiney little biatch
Is coogee deemed bumfuck in sydney? Just looked at 3 bedroom units with water glimpses for around 4.5x wage years for you.
Did you read my previous post? I can afford a house. I chose to rent.
I'm just laughing at idiots like you that made a few bob in property and yet are so blinkered and naive you come here spouting the nonsense that what's good for the goose is good for the gander.
"It were not best that we should all think alike; it is difference of opinion that makes horse races." - Mark Twain on why he avoids discussing house prices over at MacroBusiness. "Buy land, they're not making any more of it." - Georgist Land Tax proponent Mark Twain laughing in his grave at humourless idiots like skamy that continually use this quip to justify housing bubbles.
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