Passive income is a euphemism for unearned income - the most damaging of all income sources; The Great Real Estate Boom Ahead seminar, delivered by Australia's leading property spruiker Dymphna Boholt
Tweet Topic Started: 30 Aug 2013, 04:44 PM (2,462 Views)
Again it's just supply and demand. If there was no supply for rental property, landlords would soon disappear. Peter :pop:
What utter drivel.
"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.
I think foxbat is now the dumbest person on APF, Pig Iron is second. Or maybe BP. Close one there.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
I think foxbat is now the dumbest person on APF, Pig Iron is second. Or maybe BP. Close one there.
yeah right, you choose a dead end industry and hold off buying a house till your almost 40 in the hope of a crash that never comes, but somehow i'm the stupid one??
if that's stupid, i hope i never end up as smart as you loser.
peter fraser
31 Aug 2013, 09:20 AM
interest on bank deposits is unearned income enabled by the so called rentier class. Anyone who earns interest is also a rentier.
not to mention share holders getting dividends. burn them all at the stake!!!
honestly this whole article is the most retarded load of shit. if you are smart enough to earn money using your wits investing it, it IS "earned"
As a dude what's started thinking about his retirement, I've pretty much accepted that I've gott'a get passive/'unearned' income from somewhere - 'N if it ain't rental property or shares or bank interest (though the latter's not looking too good these days) then it'll still be from me younger fellow tax payer by way of a guv gifted handout.
yeah right, you choose a dead end industry and hold off buying a house till your almost 40 in the hope of a crash that never comes, but somehow i'm the stupid one??
if that's stupid, i hope i never end up as smart as you loser. not to mention share holders getting dividends. burn them all at the stake!!!
honestly this whole article is the most retarded load of shit. if you are smart enough to earn money using your wits investing it, it IS "earned"
Ok, so a profession without a supply side shortage where you can earn up to 800 bucks a day is dead-end?
It's a funny world when people are surprised at how much I.T professionals can earn, but in the same breath think that paying over a million bucks for an average 3 bed house in Sydney where these sorts of people live is totally normal.
And the problem with investment income is when the losers cry TBTF and expect a bailout from those wise enough to earm money through more traditional means (i.e. their labour) when it turns out there's no pot of gold at the end of the rainbow.
"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.
Ok, so a profession without a supply side shortage where you can earn up to 800 bucks a day is dead-end?
It's a funny world when people are surprised at how much I.T professionals can earn, but in the same breath think that paying over a million bucks for an average 3 bed house in Sydney where these sorts of people live is totally normal.
And the problem with investment income is when the losers cry TBTF and expect a bailout from those wise enough to earm money through more traditional means (i.e. their labour) when it turns out there's no pot of gold at the end of the rainbow.
$800/day is chump change for short term contracts. my point stands.
there's zero security in IT, it's a dead end unless you're something really special. you can't all be special.
I am the love child of Tony Abbott and Pauline Hanson
$800/day is chump change for short term contracts. my point stands.
there's zero security in IT, it's a dead end unless you're something really special. you can't all be special.
Wow, you just flerped the biggest derp I've ever seen, amazing!
"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.
No kids want to be tradies anymore, very worrying.
I'm thinking a half smart kid that aspires to get a trade in say plumbing or something like that will make a motza in the future.
Pretty reasonable chance you are right I reckon DBV. As I said to me mate what got the chop at work recently: "You were originally a tradie and know what this fifth finger that sticks out at an ungainly angle from your hand is for - So I reckon you'll be right."
Mental note to self: Suggest my smartarse spivvy little nephew considers doing a trade at 18 on leaving school and going back as a 'mature' age student at 22 when he'll have realised REAL work sucks and be motivated to get good grades - Nothing like having two strings to your bow I reckon ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
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