The most prestigious law school admissions discussion board in the world.
|
 |
 
|
The Australian property market is absolutely laughably cooked
Poast new message in this thread
Date: October 2nd, 2025 3:52 AM Author: charcoal principal's office New 5% first home buyer scheme is jinxian in its disingenuity. (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49318914) |
 |
Date: October 2nd, 2025 3:53 AM Author: metal bipolar toaster karate whok (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49318915) |
|
Date: October 2nd, 2025 3:57 AM Author: charcoal principal's office https://x.com/BikoKonstantin1/status/1973378539236761915/photo/1 (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49318917) |
Date: October 2nd, 2025 4:04 AM Author: Motley striped hyena birdshit economic systems are untenable
u cant build housing cause boomers will get MAF at suppressed housing prices
u need housing cause u constantly must have more ppl cause u need younger jeets and chinsk to fund ur insane welfare systems for boomers
none of this can change cause boomers vote more than youngshits and everyone is addicted to the dream of welfare |
|
Date: October 2nd, 2025 4:42 AM Author: charcoal principal's office Mandatory voting but of course the major parties use the same manipulation tactics to secure the younger voters.
Property speculation is the biggest culprit here IMHO. Negative gearing and capital gains tax discount make it out of control. |
|
Date: October 2nd, 2025 5:41 AM Author: peach impertinent hall pocket flask The Sydney median house price is 14 times the median wage.
5 of our major cities rank amid the top 15 most expensive housing markets in the developed world (Demographia).
We have one of worst household debt to GDP levels in the developed world.
Our currency is weak. At our current high rate of inflation it will lose half its value over the next 22 years.
Harvard rankings of economic complexity find that Australia has the export profile of a developing third world nation. We are ranked 102nd out of 145 countries, behind Bangladesh and sub-Saharan African countries. And our commodities exports are massively exposed to China which regularly threatens to cut off Australia if our government angers them. Just yesterday they announced that they are suspending all BHP iron imports.
We have one of the worst productivity performances in the OECD. Productivity has actually declined in Australia in recent years so the government runs an extremely high rate of mass migration to try stop the country from falling into a headline GDP recession. This strategy artificially masks years of declines in living standards.
They need to keep pumping migration otherwise falling demand will eventually lead to the collapse of the housing market and with it our major banks.
5 of the 10 most valuable public companies in Australia are banks. 3 banks make up the top 5.
The Commonwealth Bank of Australia is the 13th largest bank in the world by market cap despite doing basically no business outside of Oceania. It trades at 3.5x price-to-book (big US banks 0.9-2.4x). Dividend yield below 3%.
The government wants to keep the Ponzi scheme going by now lowering mortgage deposits to 5%.
In short, we are fucked, and we haven’t even hit the economic implosion yet.
When it eventually hits it will crush our democracy and lead to a massive growth in both left wing and right wing extremism.
The Australian Lost Decades beckon. https://x.com/drewpavlou/status/1973317680250986989 |
|
Date: October 2nd, 2025 7:10 AM Author: Balding Electric Furnace massive growth in both left wing and right wing extremism tp (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49318980) |
|
Date: October 2nd, 2025 8:22 AM Author: charcoal principal's office (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319062) |
|
Date: October 2nd, 2025 8:22 AM Author: charcoal principal's office 5% first home buyer scheme is insane. People making 70k making 10k monthly repayments The future of this country smells like shit. |
|
Date: October 2nd, 2025 8:53 AM Author: aqua aromatic kitty (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319111) |
|
Date: October 2nd, 2025 9:02 AM Author: alcoholic opaque native (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319142) |
|
Date: October 2nd, 2025 9:31 AM Author: Bonkers Gaped Corner Pisswyrm It's the Canada blueprint, but slightly worse (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319227) |
|
Date: October 2nd, 2025 9:33 AM Author: charcoal principal's office Canada doesn't have negative gearing or capital gains tax discount. (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319236) |
|
Date: October 2nd, 2025 9:38 AM Author: Bonkers Gaped Corner Pisswyrm But they make up for it in Jeet immigration rate (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319258) |
|
Date: October 2nd, 2025 4:46 PM Author: charcoal principal's office Albanese is on biden level mass migration bro (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320511) |
|
Date: October 2nd, 2025 7:29 PM Author: aqua aromatic kitty I would think it would be slightly better? Because Australians are all tall, chill, somewhat reckless alphas (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320849) |
|
Date: October 2nd, 2025 10:34 AM Author: Alcoholic death wish roast beef i'm sure birdshits will find a way to blame immigrants for it (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319421) |
|
Date: October 2nd, 2025 4:46 PM Author: charcoal principal's office Fuck turds (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320513) |
|
Date: October 3rd, 2025 9:06 AM Author: peach impertinent hall pocket flask (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49321734) |
|
Date: October 2nd, 2025 8:31 AM Author: Marvelous den (Never heard of FHA or VA loan terms) (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319076) |
|
Date: October 2nd, 2025 9:30 AM Author: charcoal principal's office ? (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319224) |
|
Date: October 2nd, 2025 9:32 AM Author: cerise step-uncle's house gaping why is this happening everywhere? why aren't builders stepping in to fill the gap? (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319231) |
|
Date: October 2nd, 2025 9:33 AM Author: charcoal principal's office Costs bro (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319237) |
|
Date: October 2nd, 2025 9:41 AM Author: Motley striped hyena they are building which is why tel aviv's housing prices are finally dropping:
https://www.timesofisrael.com/israels-home-prices-have-finally-started-falling-its-not-only-about-the-gaza-war/ |
|
Date: October 2nd, 2025 10:30 AM Author: peach impertinent hall pocket flask wow, so supply affects prices? I’m shocked (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319414) |
|
Date: October 2nd, 2025 10:33 AM Author: khaki bateful police squad any scholarship on how insane housing bubble > goyim enslaved to mortgages / property ladder > lack of innovation / economic activity outside of everyone basically being broke & maximizng short term income working the best slave jobs to enrich banks > mass migration ponzi scheme > zero investing time in creating/building/entrepreneurship/enterprise since evry1 staying inside homes broke until theyre 70yo NIMBYs who reverse mortgage then die (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319418) |
|
Date: October 2nd, 2025 10:34 AM Author: khaki bateful police squad like if a caveman had to spend 99% of his discretionary time breaking rocks to continue his access to cave, would we invent the wheel / fire etc (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319423) |
|
Date: October 2nd, 2025 12:05 PM Author: alcoholic opaque native (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319568) |
|
Date: October 2nd, 2025 4:47 PM Author: charcoal principal's office (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320516) |
|
Date: October 2nd, 2025 11:31 AM Author: citrine boiling water just do let people deduct interest on their second and third and forth homes from their income — what could possibly go wrong?! (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319524) |
|
Date: October 2nd, 2025 12:06 PM Author: drab nubile business firm regret (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319570) |
|
Date: October 2nd, 2025 4:47 PM Author: charcoal principal's office (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320519) |
|
Date: October 2nd, 2025 7:31 PM Author: elite razzle-dazzle stain it is far worse than the canadian mess and this is the first i've ever heard of it. insane what libs have done over the last decade.
|
|
Date: October 3rd, 2025 7:13 AM Author: charcoal principal's office Two solutions that will bring prices down within 24 hours:
1. Stop mass unchecked immigration 2. Get rid of negative gearing and capital gains tax discounts. |
|
Date: October 3rd, 2025 7:19 AM Author: Topaz incel #2 is a distraction and a side-show, the hilariously outrageous mismatch between supply and demand caused by shipping in a million pajeets (future Labor voters) a year into a population of 25M (and corresponding housing stock) is the big reason (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49321595) |
|
Date: October 3rd, 2025 7:23 AM Author: charcoal principal's office If you get rid of property speculation you will eliminate almost all of the problems. Some dood who "owns" 5 properties but is in 10M debt isn't good for society. (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49321601) |
|
Date: October 3rd, 2025 7:28 AM Author: Topaz incel the insane price rises are not due to speculation, it's a big error to think that the insane price rises are due to the massive increase in demand without a corresponding increase in supply that's also why renters find it extremely difficult to find rental properties, because it is a supply-demand problem not a speculation problem so the solution is to kick out all the pajeets and stop more coming, and until you do that, playing with taxes and negative gearing will not achieve anything |
|
Date: October 5th, 2025 1:50 AM Author: charcoal principal's office Before the turds came in house prices were insane because of NG and CGT discount. Now there's just no homes at all. Renting is now more expensive than monthly repayments on a mortgage. It's because of unscrupulous speculation. |
|
Date: October 3rd, 2025 9:33 AM Author: Balding Electric Furnace Ross. New homeowner. First time home buyer. 5%. New story. New house. First day. Ross. (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49321807) |
|
Date: October 5th, 2025 1:51 AM Author: charcoal principal's office (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49325966) |
|
Date: October 5th, 2025 9:15 AM Author: Hideous weed whacker (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49326301) |
|
Date: October 5th, 2025 5:06 AM Author: Navy laser beams church building I rented out a property in Australia and it took me a year to evict the tenant and like 20 visits to the court also they were running an illegal business in my garage and trashed the place when they left and the courts protected them at every step
It was insane. And every aussie I spoke to about it acted like that was normal and okay. Felt like I was insane. |
|
Date: October 5th, 2025 9:08 AM Author: charcoal principal's office How did you own a property here? (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49326292) |