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: citrine aphrodisiac voyeur 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: Smoky Fluffy Address whok (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49318915) |
|
Date: October 2nd, 2025 3:57 AM Author: citrine aphrodisiac voyeur 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: Olive Blood Rage 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: citrine aphrodisiac voyeur 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: wonderful school 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: impertinent jet-lagged hell depressive 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: citrine aphrodisiac voyeur (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319062) |
|
Date: October 2nd, 2025 8:22 AM Author: citrine aphrodisiac voyeur 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: know-it-all factory reset button (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319111) |
|
Date: October 2nd, 2025 9:02 AM Author: jet becky set (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319142) |
|
Date: October 2nd, 2025 9:31 AM Author: boyish overrated jap 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: citrine aphrodisiac voyeur 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: boyish overrated jap 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: citrine aphrodisiac voyeur 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: know-it-all factory reset button 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: Heady half-breed 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: citrine aphrodisiac voyeur Fuck turds (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320513) |
|
Date: October 3rd, 2025 9:06 AM Author: wonderful school (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49321734) |
|
Date: October 2nd, 2025 8:31 AM Author: fiercely-loyal fat ankles (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: citrine aphrodisiac voyeur ? (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319224) |
|
Date: October 2nd, 2025 9:32 AM Author: painfully honest property trust fund 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: citrine aphrodisiac voyeur Costs bro (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319237) |
|
Date: October 2nd, 2025 9:41 AM Author: Olive Blood Rage 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: wonderful school 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: French vibrant crackhouse chad 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: French vibrant crackhouse chad 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: jet becky set (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319568) |
|
Date: October 2nd, 2025 4:47 PM Author: citrine aphrodisiac voyeur (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320516) |
|
Date: October 2nd, 2025 11:31 AM Author: Impressive contagious house cuck 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: arousing high-end turdskin associate (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49319570) |
|
Date: October 2nd, 2025 4:47 PM Author: citrine aphrodisiac voyeur (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49320519) |
|
Date: October 2nd, 2025 7:31 PM Author: carmine coffee pot 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: citrine aphrodisiac voyeur 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: fantasy-prone hunting ground #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: citrine aphrodisiac voyeur 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: fantasy-prone hunting ground 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: citrine aphrodisiac voyeur 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: impertinent jet-lagged hell depressive 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: citrine aphrodisiac voyeur (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49325966) |
|
Date: October 5th, 2025 9:15 AM Author: passionate ocher theater stage (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49326301) |
|
Date: October 5th, 2025 5:06 AM Author: chocolate tattoo tanning salon 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: citrine aphrodisiac voyeur How did you own a property here? (http://www.autoadmit.com/thread.php?thread_id=5782226&forum_id=2Ã#49326292) |