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Next gen house purchasing. Using employee super for home repayments.
Topic Started: 20 Nov 2016, 08:22 PM (1,890 Views)
Rastus2
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Trollie
21 Nov 2016, 08:07 PM
I know right. What's his excuse, that the dumb people outsmarted him?
clearly you sold your brain, and, possibly both your testicles.. that explains the bitterness
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Trollie
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Rastus2
21 Nov 2016, 10:09 PM
clearly you sold your brain, and, possibly both your testicles.. that explains the bitterness
That's just a personal attack.
Ex BP Golly
21 Nov 2016, 10:01 PM
I did very well out of it. They locked up a large sum of my money at 7.2% just before interest rates plummeted.

I know when they come for you, they'll find a lubed and compliant lil todie to molest.

And come for you they will. It's why steeple exist.
There's only one honest bear on here, and that's chris. Atleast he can admit his mistake.

I suggest you hold your breath waiting for "them" to come for me.
Edited by Trollie, 24 Nov 2016, 12:01 PM.
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Rastus2
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Trollie
24 Nov 2016, 11:58 AM
That's just a personal attack.

There's only one honest bear on here, and that's chris. Atleast he can admit his mistake.

I suggest you hold your breath waiting for "them" to come for me.
no more than this from yourself to another poster you whining little bitch ;)

Quote:
 

I know right. What's his excuse, that the dumb people outsmarted him?
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Trollie
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Rastus2
24 Nov 2016, 03:52 PM
you whining little bitch ;)

That's just a personal attack
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Rastus2
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Trollie
24 Nov 2016, 04:32 PM
That's just a personal attack
well, since you are just a troll, I don't need to hold back, do I ?
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Stew
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OK I guess I have your attention however my thoughts are based on the idea of super funds could only be for primary home you live in .not investment after home you live is finalised super funds to return as per usual or if home sold prior to retirement age all funds payed to loan shall be returned to super fund with interest
I know of 4 young families that have had children at a young age raising children paying rent and work there finger to the bone. chance of raising a home deposit 0. I can think back a few years to see how well my super funds handled my money they invest in a poor stock market of witch I have no say in it crashes and who got screwed for thousands that rite us Australians .
Something else to think about life expectancy is longer witch means more people on age pension that means a none home owner on a pension is provided a rent payment however a home owner is not cost savings to Australia billions..
Oh and as for comments on selling body part's I personally have had 2 lung collapses in past 4 year's and have been told I will require a lung transplant in the future if a comparable Donner is available when necessary so what you find humorous others may find distasteful.
Edited by Stew, 25 Nov 2016, 09:23 PM.
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Will
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Stew
20 Nov 2016, 08:22 PM
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .

I would suggest that money is one thing, but productivity is another.

Or to put it another, let's step away from looking at things from a money perspective. How does the house come to be? Well, first we need timber, concrete, granulate materials, fasteners etc. We have these in spades. We have lots of land. We have a climate that is a bit hot at times, but I'm guessing it's easier to build here then in Sweden in winter.

How about productivity and people. Well, we don't build house like they do in some jungles. We have power tools, laser levels, good access to information, access to fresh water (see what they need to do in Dubai). Capital equipment like bobcats, excavators, scaffolding is quite cheap. Really we should be killing it here.

Our education and access to education could be better, but for the most part, we have skilled people to build.

Regulations. Now there's a problem. Far far too much.

Land price? Again, way to much regulation.

So why is housing so unaffordable. I don't think been allowed to borrow money does it either. Because the latest Audi S3 is 11k cheaper then the previous model, and you can borrow money to buy one of these too.

Personally I think is regulations. And a lack of ownership of the community by the populace. We need to consult central control to scatch our arses. Written permission is required for anything and everything.

But really I'm not sure of all the answers.
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Stew
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I to don't have the answers but from what I've seen of Australian government is not thinking out side of the box to busy discussing marriage equally fact is it's not my or anyone's business whom another person chooses as a partner and is wasted parlamentory time just pass it know one cares except some religious groups that have plenty of priest on molestation charges .
Not forgetting many other issues like airport more money spent on feasible studies than it would cost to build .and whole heap of measuring you know what's against each other when I leave this earth it would be great to political party's actually be a bit more workable with each other rather than road blocking each other and getting nothing at all achieved.
Edited by Stew, 26 Nov 2016, 11:57 AM.
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Foxy
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Zero is coming...

Stew
20 Nov 2016, 08:22 PM
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .

Keep squeezing that lemon boys...
Stew
20 Nov 2016, 08:22 PM
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .<br /><br />
Keep squeezing that lemon boys...
Edited by Foxy, 26 Nov 2016, 12:08 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Rastus2
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Stew
25 Nov 2016, 08:51 PM
OK I guess I have your attention however my thoughts are based on the idea of super funds could only be for primary home you live in .not investment after home you live is finalised super funds to return as per usual or if home sold prior to retirement age all funds payed to loan shall be returned to super fund with interest
I know of 4 young families that have had children at a young age raising children paying rent and work there finger to the bone. chance of raising a home deposit 0. I can think back a few years to see how well my super funds handled my money they invest in a poor stock market of witch I have no say in it crashes and who got screwed for thousands that rite us Australians .
Something else to think about life expectancy is longer witch means more people on age pension that means a none home owner on a pension is provided a rent payment however a home owner is not cost savings to Australia billions..
Oh and as for comments on selling body part's I personally have had 2 lung collapses in past 4 year's and have been told I will require a lung transplant in the future if a comparable Donner is available when necessary so what you find humorous others may find distasteful.
Clearly, the irony went over your head.

My point is that using somthing vital so early in your life means it is gone... if every young person does it, then they all sacrifice and getlittle net benifit.

If everyone can use their super to buy a house, all it will does is raise the proceof houses... obviously.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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