None of those things are going to happen, but I suppose it gives the self-entitled generation something to rally around.
So a boomer generation sabre rattling over protecting pensions, super conditions and investment subsidies is not 'self entitled' but the generation looking to remove conditions that pay for these tax payer gifts to the boomers is?
So a boomer generation sabre rattling over protecting pensions, super conditions and investment subsidies is not 'self entitled' but the generation looking to remove conditions that pay for these tax payer gifts to the boomers is?
Good to knowing w how your brain works.
It's clear though, they won't get up
I have got no idea why the nation should turn itself upside down and inside out simply because a bunch of selfish little big headed pricks insist on jamming themselves into the guts of two cities in it that they see as the very finest with anything else being beneath them (in free standing houses 'just like mummy and daddy did' - which obviously is no longer bloody possible by the way) - Find another f***ing solution!
Hmmm - And just another little comment on the matter: Piss off Chris; You're stupid; You are nasty; And you are a whinger - There's simply nothing genuinely nice about you personally in any way at all.
It is probably some time away but I think it is a certainty that changes will me made that are more favourable to renters than buyers. As the percentage of renters rises, their affect on voting becomes apparent to the the governing party.
What about those lessors who have the occasional minority ***tenants who give a challenge in their bond issues when they vacate and the resolution is through the magistrate court process?
The lessors have to back up whats what very assertively.
DragonGM
25 Aug 2017, 07:44 PM
Some of it sounds good to me. IMO, they should add a large decentralisation plan to the list with strong infrastructure links to employment centres.
Glad you mentioned some......
All they offer is absolutely toilet paper in my financial situation.
DragonGM
24 Aug 2017, 05:02 PM
THE founder of a new political party dedicated to taking the heat out of Australia’s overblown and hideously expensive housing market has said politicians need to be given a “kick up the bum” on the issue.
Sydneysider Andrew Potts, who registered the Affordable Housing Party (AHP) with the Australian Electoral Commission earlier this month, said he knew he had to do something when he was chasing rats out of his own decrepit rental accommodation.
Talking exclusively to news.com.au, Mr Potts, the party’s national convener and lead Senate candidate, said housing affordability was a national issue.
“Australians are spending too much of their income on housing and we’re putting too many eggs in one basket with property investment.”
My beef. Is simply tooo many people who don't know the good/bad/ugly of investing can be a property investor.
But buy more its making those absolutely established better................. The demand for props in great locations and those who get the land value in what attaining a big block means = wealth.
Choices.
The political system is about each to their own.
herbie
25 Aug 2017, 09:46 PM
I have got no idea why the nation should turn itself upside down and inside out simply because a bunch of selfish little big headed pricks insist on jamming themselves into the guts of two cities in it that they see as the very finest with anything else being beneath them (in free standing houses 'just like mummy and daddy did' - which obviously is no longer bloody possible by the way) - Find another f***ing solution!
Hmmm - And just another little comment on the matter: Piss off Chris; You're stupid; You are nasty; And you are a whinger - There's simply nothing genuinely nice about you personally in any way at all.
You are in a different stage of your financial possie. You are BB I'm a Gen x that has done really well.
The thought has to be what is it is to be in their possie.Dragon GM its always about "what's in it for me"
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
So a boomer generation sabre rattling over protecting pensions, super conditions and investment subsidies is not 'self entitled' but the generation looking to remove conditions that pay for these tax payer gifts to the boomers is?
Good to knowing w how your brain works.
It's clear though, they won't get up
I don't think you'll get a genuine rebuttal to that, you've hit the nail on the head.
And although i also agree with elements of their platform, due to demographics they won't have any luck - at least in the short term.
I don't think you'll get a genuine rebuttal to that, you've hit the nail on the head.
And although i also agree with elements of their platform, due to demographics they won't have any luck - at least in the short term.
Protected? I cannot say personally but someone who is married to BB and understands prop but is also a gen x who does understand the way markets go.......
The Raffles btw has nice umbrellas outside for a nice winters day...... its humming a Saturday Lunch session.........
So what happens to those who have their kids by those who have equity? Perhaps you underestimated a person in |Perth who knew since she was a little girl a map of Perth by her Dad who believed in the 'p'
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
So a boomer generation sabre rattling over protecting pensions, super conditions and investment subsidies is not 'self entitled' but the generation looking to remove conditions that pay for these tax payer gifts to the boomers is?
Well said.
Boomers have been the beneficeries some of the greatest gifts ever given by Government. Hence the reason that all nation states are now so heaviliy in debt.
This debt burden will be borne by the so called current "entitled generation" and their kids and kids kids.
(Cue some Keynsian bullshit about debt not mattering.)
Dr Kinetoscope
25 Aug 2017, 11:22 PM
I don't think you'll get a genuine rebuttal to that, you've hit the nail on the head.
Boomers have had a lifetime in which they could pollute at will, rape the planet of it's resources and buy housing at true cost plus a small markup to cover the builders wages.
The current generation will have to pay for it by subsidising green technologies, paying to dump stuff at the tip and shelling out the true cost of a house plus a very hefty margin to cover grandads retirement villa in Bali and a few months a year on a cruise liner.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
Boomers have been the beneficeries some of the greatest gifts ever given by Government. Hence the reason that all nation states are now so heaviliy in debt.
This debt burden will be borne by the so called current "entitled generation" and their kids and kids kids.
(Cue some Keynsian bullshit about debt not mattering.)
Boomers have had a lifetime in which they could pollute at will, rape the planet of it's resources and buy housing at true cost plus a small markup to cover the builders wages.
The current generation will have to pay for it by subsidising green technologies, paying to dump stuff at the tip and shelling out the true cost of a house plus a very hefty margin to cover grandads retirement villa in Bali and a few months a year on a cruise liner.
If you're so bloody smart, you tell me just how exactly DOES the nation give everyone who wants one a 3 or 4 bedroom free standing home with a two car garage on a 600 square meter block within 15 minutes drive of the Sydney CBD for 3 times the cost of the single person's median income?
Go on, give it a shot - Try coming up with a genuine 'solution' to that one; Rather than just sitting there sniping and whinging endlessly just like Chis does.
And if you should happen to figure it out, I'll have one too please - With the acceptable price being about what? ... $240K maybe?
Voting for these fringe loony parties is a complete waste of a vote. If people are so unhappy they should be active in a major party and influence a change of policies in that party.
Take risks - if you win you will become wealthy, if you lose you will become wise
Voting for these fringe loony parties is a complete waste of a vote. If people are so unhappy they should be active in a major party and influence a change of policies in that party.
I just want to hear Jimbo's 'solution' is all - I genuinely don't expect much from Chris of course; But Jimbo's obviously some sort of uni educated engineer; A just pretty much 'natural born' problem solver presumably? Obviously part of the brains trust of the nation ...
So come on Jimbo, lay it on us ... How do we all have what we all want (and obviously deserve) within 15 minutes drive of the Sydney CBD for $240K please?
When baby boomers were buying their first homes in their 20s and 30s, those homes were far more expensive than the homes purchased by their predecessors.
But they got on with it, without bleating and wailing. Often they bought tiny run-down homes with an outdoor dunny in the sticks and gradually upgraded over their lifetimes. That's something our current generation of precious princesses believe they're too good for. Today's FHBs expect the big modern fancy home in a great location straight off the bat, without having to work up to it over an entire lifetime like the boomers did.
The boomers were also conscripted to fight in Vietnam, they had lower lifespans, the threat of another world war (Cold War) breaking out at any time, worse medical treatment, inferior technology, they suffered through recessions, 20% interest rates etc.
Gen-Y are just a bunch of self-entitled whingers. They don't seem to understand that the baby boomers spent a lifetime building up their current wealth. They didn't have all that wealth when they were in their 20s and 30s. No generation can expect to be as wealthy in their 20s as they will be in their 60s. It takes a lifetime to build wealth.
In a few decades from now when Gen-Y are entering their retirement years, having inherited all that wealth as the boomers die, and built up some of their own wealth on top, it will be the new batch of 20-30 year-olds whinging and bleating about how Gen-Y had it so easy, and how it's not fair that house prices were so much cheaper in 2017.
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