A meme that needs to end

I see australians complaining about house prices. They blame boomers and the elite as if it's some nefarious scheme. But you faggots have not taken ME into account.

>Middle class aussie, worked all my life (i'm 40) and have bought 2 homes, one as an investment to get ahead

And you commie fucking faggots want to take my hard work away from me? You think it's the elites propping up the system to hoard their wealth? The boomers?

It's actually middle class people like me, all over the place who made something of our lives and are trying to get ahead. We have the right to have a secure investment and no amount of complaining is going to change that.

Seriously, can you present an argument that's not right out of the fucking communist playbook? Because these are the arguments i see on Sup Forums.

>It's not fair i should be able to afford a home at 22 because boomers
>Muh elites are parking wealth how dare they
>Houses should not be so expensive blah blah
>They're more expensive right now here in this particular suburb so that means the entire country is unaffordable

ALL OF THEM, COMMIE ARGUMENTS. You can own your own home and get ahead, but instead you want to sit at a melbourne cafe, sipping your deconstructed coffee and shit on the working class. And i mean the real working class, not the unemployable trash that can't hold down a job.

Anyone in this country, even someone on MINIMUM WAGE can get a job that pays well enough to buy a house.

Other urls found in this thread:

thewireless.co.nz/articles/the-pencilsword-on-a-plate
docs.employment.gov.au/system/files/doc/other/skillshortagelisttas_5.pdf
twitter.com/SFWRedditImages

Reposting this meme from another thread
_______

>Minimum wage in australia is 672 bucks per week, times 52 weeks and you have 34, 944 bucks.
>Assume you live in an average house, eat average, average bills you spend 20k at most on living
>This leaves 14k a year to save. You MUST save. Don't waste any of it on any luxuries.
>If you save 14k for 6 years, you have saved 84k
>This means by the time you're 24, you can put a deposit down on a house in tasmania anywhere from 300k-400k.

At this point, you can take an extra 10k from your living expenses and feed that into the loan.
>Let's say you bought a 400k house with average interest being an extra 50k over the life of the loan
>That's 366k remaining
>In 15 years, you have raised 360k to pay off your loan + the 10 grand or whatever the first homebuyers grant gives you

So in less than 21 years, you've bought your own house on minimum wage.

This is without taking into account any bonus interest money you would have saved on your initial deposit, or other windfalls you might get. Also not taking into account any sort of partner/family support.

And at the end of the day, it all comes down to your own selfish greed. You fucking know it too.

>Housing should be affordable!

That's a fucking god damn socialist argument and you know it. Housing should not be fucking handed to you like welfare, you need to get a job. Any job, even a shitty job will get you a fucking house in this country (unless you blow your money like a retard) and you should be so fucking thankful you live here and not america, where their min wage jobs won't buy you a house.

Australians need to harden the fuck up and shut the fuck up.

Im 29 bought a house with my wife. We both earn circa 80k a year saved for a deposit bought a home in melbourne. No winging from me its achievable but you have to choose not to have overseas holidays or thay new car for a few years.


Imho its hard but not impossible if you work and save which most people can do. Dont want to rent for ever then save and buy

Stop selfposting, nobody cares about Australia

These posts are made to destroy the abundant #pizzagate evidence.

Do not fall for them.

Exactly mate, it's not easy, but once you do get ahead you're laughing at the rest of the morons that blew their money on boozing up every weekend.

I think people need to be more grateful they're born here, where even a shit job can get them a house.

A nice job can have you retire early and be set for life.

>Buy a house in tasmania
>No jobs in tas
>Rent in melb/syd because thats where the work is
>Oh shit now you can't save much at all

Gurantee OP has had a huge helping hand from his parents, but he'll probably deny it

do australian girl like japanese man?

i want australian girl friend

No, i had a girl i married at 22 and with our incomes combined we've made ourself set for life.

I'm not even bragging, i'm just a working class man and it's so fucking easy to get ahead in this country, anyone spewing tall poppy crap or crying about how it's impossible is downright making excuses.

Furthermore, there's jobs all over this country and you are full of fucking shit for claiming they're all in sydney and melbourne.

All the nice cushy officework where you don't have to get your hands dirty may be there, but there's well paid work all over the country.

Of course, that would require not being a neet, getting out and fucking giving it a fair go.

>yfw pizzagate is real
is not evidence, link for real pls

This sum pretty good pasta. Why arent you at work faggot?

>Middle class aussie, worked all my life (i'm 40) and have bought 2 homes, one as an investment to get ahead
Soon the housing market will tank and you'll lose your life savings. I always wondered about a situation like this: if a kek works 12 hours a day for 20 years, invests his money somewhere and then his investment takes a shit and he loses it all, does it really matter if he worked so hard for all these years? Or would it have been better and more productive to smoke weed for all these years and play vidya?

thewireless.co.nz/articles/the-pencilsword-on-a-plate

Because i can now work from home and have that luxury. Because i worked fucking hard for the last 20 years with my wife. Feel free to turn it into pasta, it's accurate as fuck.

You understand that even if my spare home becomes utterly worthless, it's still bricks and mortar and won't vanish like fiat currency in the bank, right?

I can still rent it out every single week, because it's not mortgaged anymore and it's 100% mine.

__

On another note, any aussies crying about a lack of jobs outside sydney and melbourne?
docs.employment.gov.au/system/files/doc/other/skillshortagelisttas_5.pdf

You are full of fucking shit. There's shortages for all sorts of skilled work all over the country and they're paying fucking 80k+ for a BRICKLAYER in some states.

You just want a nice cushy office job in sydney or melbourne, with your fellow lefties. You may pretend to be right wing on here but the truth comes out with your actions.

>I can still rent it out every single week, because it's not mortgaged anymore and it's 100% mine.
At what rate though? Will it cover the operating expenses and taxes?

Or we can cut the tall poppy syndrome bullshit of trying to justify that anyone who's successful "must have not earned it".

It's a pathetic delusion to attempt to mentally justify to one's self why they're not as successful. And don't take this thread as an attack, take it as some hard fucking advice.

If i, a blue collar working man can get ahead in life you sure fucking can, just stop making god damn excuses and get out there. An aussie has no right to complain, all the negative reinforcement he tells himself is actually bullshit in the real world, this country is still so much greater than tons of other ones.

720,000 unemployed people, 1,000,000+ underemployed or seeking more work.

160,000-180,000 job vacancies.

It literally is mathematically impossible for all people looking for work to get that work.

Very easily, it's always going to be useful in some form. I feel more comfortable with an actual property (i bought in an area outside the sydney and melb bubbles, so it will stay pretty flat even if they burst, which they most likely won't) than keeping my money in the bank.

Look at greece, your savings can vanish overnight. Unless our government goes full communist and starts seizing land, you're fine.

Cite your stats.

And even if that's true, why are you not getting ahead of everyone else? Fuck, it takes so little effort to get a forklift license and then you're ahead of loads of lazy bogan cunts.

It takes so little effort to be better than the bottom of the barrel, why are you thinking so poorly of yourself that you can't do it? You CAN get ahead, you need to just believe in yourself first or no-one else will believe in you.

Op in this thread is a faggot and will hang on the day of the rope. All successful civilizations in history have kept housing prices low for workers and kept LAND, not housing, as the primary investment for the Middle/upper classes. Extracting usury through housing is the oldest kike trick in the book and is just a sign of how jewed we are. Rent-seekers and housing misers aren't capitalist wealth producers and never have been.

There are better ways to invest and preserve wealth rather than making young families renters or homeless betters. The ridiculous idea that a need as basic as housing should be an artificially inflated market for return on investment is ludicrous and actually anti-market.

Fuck off you useless cunt - try going through 4 years of engineering and then losing out to Chinese foreigners with PhD for a graduate position at a government dept. You are so completely dubious to what we have to go through

>less than 21 years
so let me get this straight, i'm supposed to "invest" in a house, but investing will put me in debt, i'm supposed to work to pay off that debt for 21 years, and this is a good idea?

i'm supposed to open myself up to 21 years of getting fucked by NAB so i can own a house? and then i'm supposed to rely on other people and hope i win the lottery?

>Here is my anecdote, hear me roar

>But now I want statistics when the argument is against me

Fuck off cunt

And fuck off with the LARP about muh 'working class man'. Who's going to build the roads and buildings you drive to your rigger job - not some sub 100 IQ mexican-tier useless cunt like you

Vacancies: abs.gov.au/ausstats/[email protected]/mf/6354.0

Unemployment: abs.gov.au/ausstats/[email protected]/0/F756C48F25016833CA25753E00135FD9?Opendocument

Underemployed: roymorgan.com/findings/6739-roy-morgan-unemployment-estimate-march-2016-201604070750

>Mathematically impossible for everyone looking for work to get work
>"Just try harder"

>if they burst, which they most likely won't
Said every investor in a ponzi-tier venture before it all fell apart.

you can only blame yourself no where does it say you are guaranteed a job after uni, even a tradie who owns 4 houses, 2 Ferraris and is laughing at your dumb ass.

It's especially retarded when you consider the fact that housing, by its very nature, is the consumption of a disposable product that is constantly deteriorating in physical value. Buildings age like all other goods and crumble over time. This is precisely why land and gold are the only real long term holders of value, they're the only two things on earth that don't decay and eventually become unusable.

The problem is still greedy boomers on their third, fourth, fifth, sixth investment property, not this faggot of an OP with his shithole rental in Doonside.

Houses cost too much in Australia.
Boomers and middle-class property investors like you have pushed prices up to an unreasonable point.
This has destroyed the future for young Australians.

Take some responsibility, you miserable asswipe.

>B-but if you work harder then you can become right
Ikr these type of shills are so annoying and obnoxious

you are forgetting something important... massive housing bubbles occur and have done regularly since day dot. This one is building up massivley and its going to hit soon. I was in europe for the last 2, and they arent pretty. That's good old capitalism, no-one is going to take your hard work away from you but a bank.

Typical fucking boomer - doesn't mind renting out to Hung, his wife, and 10 students while locals whose parents built this land miss out. Enjoy when Hu Wang shits-on then bulldozes your grave to make way for a new dog-box apartment your daughters will rent out to have their Tyrone coke 'n' cock parties in. Fucking useless cunt

Investment property owners will be the 3rd to hang on the day of the rope.

Are you a moron? The working class men building those roads, men like me ARE BUYING HOUSES.

We can fucking afford them

Uni degrees are for morons.

I'm not fucking convinced it is a problem. Those boomers have been at work longer than me, it's normal for them to have more property than me.

I see the problem being politicians letting NON AUSSIES buy land here. That i will agree is fucking pants on head retarded.

But aussie citizens should ALWAYS have the chance to get ahead (via land) as the above anons were saying. The homes are not valuable, the land is.

And trying to shit on the free market is typical commie garbage. You are not entitled to a fucking home.

Responsibility for what, you disgusting commie?

You are not entitled to a fucking home.

Enjoy never owning a home, melbourne faggot. Shitposting about it won't get you a home, nor will your lack of ability to read.

I agree, except i have paid off my loans already.

Fuck off, you commies are going to hang on the day of the rope.

Aussies have a right to get ahead, it's the bread and butter of capitalism.
And don't even try and put words in my mouth like i support chinese investors here, because i fucking don't. That's globalist jews like malcom and being a home owner does not automatically lump you in with them.

I would love to see all the chinese banned from investing here, that way both aussies who want to get ahead can still do it and you can buy your first home easier.

He seems to have wilted away

no

and we're full

I don't even want a house, I'm content with having an apartment

Speaking in their defense, it wouldn't be so big of a deal if boomers didn't rub it in their collective faces.
>Why don't you have a home yet user, why when I was 20 I got a mortgage on my first house at a good price too. That's when I was starting up a family.
>How come you haven't settled down with a girl yet user? I was having kids at your age and was able to fully support them with good healthcare and a nest egg for college tuition when they grew up.
>How come you don't have a good job yet user? Why when I was 20 I was given a great job with competitive salary and benefits out the wazoo.

Fuck the ones who do this, they always compare their accomplishments in their ideal bubble world to the ones of our generation who face an entirely different landscape. They seriously had it easier than we did, their parents did all the hard work by busting their asses in two world wars and they lived off the sweat of their labor. Then they have the nerve to say we're lazy and are just not trying hard enough.

Fuck 'em.

Guys, everything will get better when the old people die.

I need you to take a bat to the skull, no one gives a fuck about you cunt

>The working class men building those roads, men like me ARE BUYING HOUSES.
You can only afford them if you are lucky, overpaid, got into the market while it was still low, or have given up literally every other joy in your life for your mortgage.

>Uni degrees are for morons.
People with uni degrees earn more.

>I see the problem being politicians letting NON AUSSIES buy land here.
The numbers of boomers buying a third or fourth house far far far exceeds the few Chinese buying a studio apartment in the big cities.

>Responsibility for what
Responsibility for contributing to a massive mess and not trying to change it, aka being a selfish fuck.

Housing is as expensive in big Australian cities as anywhere in the world. It's cheaper in the country, but the jobs are shit there.

I hope your houses all burn down in the same bushfire, along with all your insurance papers.

So that would be a jobs problem, not a housing problem.
Again, why do you commies have a problem with an AUSSIE getting ahead and owning more than one home?

Why is it always nothing but excuses and attacks on aussies who have gotten ahead and not attacks on globalist jews like turnbull who are letting international investors into a market that should be for aussies?

Boomers are fucking cunts, but the majority of us home owners are not evil globalist kikes or smug boomers.
It's actually fucking middle class aussies who worked hard for their homes.

And the amount of communist shit i see on here is unreal, aussies pretend to be right wing on every single issue but when it comes down to housing they turn red instantly, demanding it be a "basic human right".

Do you want government housed commieblocks, or to kick out international investors and let the aussie market run like it always has (back in the boomer days when homes were affordable AND you get to buy more than one as security to rent out and supplement your income)?

Act fucking right wing if you claim to be, don't go full commie (this is not directed at you mate, it's a general post)

I shit you not, the middle class sides with the elites, globalist jews and boomers BECAUSE you're threatening to take our investments away from us. Hard work investments we've worked our entire lives to build, all because you've been fed crap from melbourne unis.

Chinks need to go, NOW.

You think any 40yo talks like that? OP is an attention starved kid, and all you idiots that replied should lurk more.

the merchant only sells what the goyim buys

if you cunts weren't okay with leveraging yourself 10x+ we wouldn't be in this problem

besides you aren't 40 anyway

That's bullshit, international investors are way out of control.

I have no responsibility to put my life on hold and pass up oppertunity because you believe we should all be equal. This is life, some of us get ahead.

You are a spiteful communist git and anyone who's truly redpilled will see where your ideology stems from.

YOU KNOW WHAT ITS LIKE TO HAVE NO WAY TO GET A WOMAN COZ I WILL NEVER OWN A HOUSE TO PUT HER IN???? SHUT THE FUCK UP ABOUT A LIFE YOU KNOW NOTHING ABOUT. DAY OF ROPE FOR GREEDY BOOMERS

Would you be happy with white American refugees like me fleeing to Australia to buy a home? We can help drive up the prices as high as you want, if you'll let us in.

Currently looking for a 3 bedroom near Hobart.

>bought before the boom
>thinks his special work ethic makes him special

Lrn2economics dumb cunt

Don't play up to the millenial meme the boomers have painted you as. I know not all of you are entitled little commie gits, so don't fucking act like it.

Helicopter rides for communists, nothing you say is going to change the situation until you get off your ass.

No, i would not. I believe the housing market should be for aussies to get ahead and own a bit more land, not for international investors to rape.

Don't think i don't want people to be able to afford cheaper homes, i actually do. But i don't want to go communist to do it, we need to stop international investors and not aussies who have worked hard, harder than you.

>All of this Jewish Kvetching in this thread.
I'm 24 and a (((millennial))) and I actually agree with you here.
I worked hard during my teens and early 20s and bought a house in the American South at 23 (housing in the South and rural West is generally cheaper than the rest of the country).
I don't have a good grasp on the Australian housing market, but in general, property is a VERY good investment. Not stocks, bonds or (((savings accounts))) but property.

The brainwashed goyim on this board are probably complaining that they can't buy large estates in large and affluent cities. You have to be willing to move to areas that aren't leftist shitholes, and where companies are moving their capital to. In addition to getting my house for cheap, property tax is relatively cheap where I live.
But then again, crying about "muh free college" and "why doesn't the gubmint buy me a house" is much easier than actually trying to succeed.

You can have it fuck Hobart

don't worry you'll fit in here just fine, we are just in the early beginnings of a bonified nigger problem who will drive the housing prices down.

is akchually china

I'd have to be some sort of megacuck to start saving up for a house now.

I bought one before and one after. Stop making fucking excuses.

Cheers mate, it's fucking insane how they claim to be redpilled but are then spewing literal marxism, right from his books.

>Ignoring the stats i've posted.

Make yourself skilled, move to perth, hobart or QLD and get out of the leftist hellholes. Homes are very fucking affordable there and will be for the next 5-10 years.

Get in now before they boom, or complain about how it's everyone else's fault and it's too hard and you give up.

Honestly, you're a low grade troll. You're a kid who has dropped out of uni and is wanting to be able to justify yourself to yourself. All your positions lack evidence and seem based only in self-justifying prejudice. Also, you're clearly a homosexual in denial and should just come out of the closet.

I'm not an investor. I'm having a daughter with my wife and want her to grow up in a place where I don't have to worry about her getting raped by nogs every day after school.

>anyone who argues against the decades long institutional mismanagement of the Australian economy or questions my pants-on-head-retarded hypothetical is communist

YOu are a fuckhead, you are talking about future house prices (10 years of fuckign saving) in TODAY'S DOLLARS YOU DUMB FUCKING AUSSIE

>it's so fucking easy to get ahead in this country, anyone spewing tall poppy crap or crying about how it's impossible is downright making excuses.

But it literally is impossible for some people ya daft cunt

>Why is it always nothing but excuses and attacks on aussies

You're not very self aware, are you?

(You)
I agree, except i have paid off my loans

Well fair play to you, and well done. Just pointing out that the argument about "you're all communists" would be fine except that is this type of capitalist arrangement, when the shit actually hits the fan, the government will bail out the banks and that is a massive shift of wealth directly from society to the "capitalist". If you think that wont happen here, you're in dreamland, aussie pollies are a bunch of shyster goldman sachs ass bandits. I was woriking in london for a major US/UK banking conglomerate, and asked one of them during the 2012 crash how come they didnt just fold like the good old capitalists they said they were... you know, moral hazard and all that. His reply was nothing more thank the "too big to fail" mantra.

I dont have a problem with the boom/bust thing, its endemic to economic cycles, but putting all the hazard at the society end of the scale and taking your society bux when you fuck it all up is nothing short of criminal and is not reflective in any way of a healthy "capitalist" arrangement.

Calling everyone socialist and "commie" because they complain about the fixed market is very cynical, disingenuous even. If the game wasn't so obviously fixed and it was even playing fields for all, then sure. But rubbing your cock in everyone's face just cause you got the timing right *this time* is a bit dickish, imo.

Finally all the drunk people woke up, now the board will be fun

I would not buy property in the Melbourne city area, just invest in Werribee. The local school grades are going up and people will want property there soon.

I've got my eye on the future. I was originally interested in Washington state, but the Mexican population there is tripling each year. It will be a ghetto by the time my kid is entering high school. Same story across the country. The company I work for has an office in Australia, so I am arranging to transfer there. It's in Melbourne, but I'm a developer so will just work from home. I have $80,000 US saved, so will start looking for something within a reasonable distance of Hobart to buy as soon as I arrive.

I'm coming for you...

>I don't have a good grasp on the Australian housing market

No shit

You're absolutely correct. It's also ironic that they claim to like Trump so much, yet don't understand that he made his fortune buying and selling real estate. When buying property, there should always be negotiation and don't be afraid to throw in a low-ball offer. The Zillow estimate isn't always what you're going to pay.

In another couple of years, I'm probably going to buy more property since I'm reaching a comfortable threshold in savings. This time, probably just a plot of land in a good market that can be developed as a second income (i.e. farm or ranch investment).

>Wahhh I don't want to have to pay off a mortgage, I want a house nooowwwww

Is this really the mindset of the modern Australian?

>small dick
>short
>no facial hair and no chest hair
>feminine
>soft voice

If I wanted to get pegged by a faggot I'd be dating people from Sup Forums

So move anywhere in the countryside mate. Cities are hell to raise a kid.

Me and my wife will be raising our kid in the countryside now, as we've set ourselves up for the future.

You misunderstand. I'm fully in agreement about what kikes have done, letting international investors rape this country.

My point is that as bad as that all is, even though it's made it harder....it's still fucking possible to buy a home.

All this crap about it being "impossible" is bullshit. I want to motivate people to get out there and give it a fucking go, because if a dumb working class man like me can get ahead i'm sure some more intelligent people can.

Do you understand how a loan works?

So fix the jobs problem, fix the immigration problem.

Why is housing being blamed when it's simply a byproduct of other issues wrong with our country?

I agree, i'm fully aware of bank jewry and how our politicians want to sell us out.

I'm just trying to highlight that most home owners in this country are not the meme of the evil globalist jew, they're regular aussies like me who want to get ahead and out from the thumb of the globalist jew.

Giving up and relying on the state is not escaping the jew, buying your own home and not owing them a cent is escaping.

Would not buy property in melbourne full stop. There's better places like gold coast right now.

Exactly, i shaved 150k off my first home just by negotiating.

Yes, look at this thread. There are a few happy to rationally talk with me, but look how many people resort to insults and anger over the idea of me being a home owner.

They'll come up with any sort of bullshit about "how i did not earn it" to justify to themselves.

i'm fine with a mortgage, in fact it's a pretty smart arrangement if you do it right, but a 21 year+ mortgage is a bad fucking idea

Me and misso worked our asses off and bought a house at 27 and 25.

We didn't buy in the rich area or as close to the cbd as possible because we are not dumb faggots like the rest of the millenials.

No, they prefer their man to be genuinely in love and respectful them and not be considered an item by such man.


And we are full

>buying a house instead of pursuing investments to make even more money so you can afford a bunch of land in the middle or a rural part of Europe, or America while marrying a qt autistic blonde white to produce many blonde children while being a survivalist.
>not buying Myfarog.

I am a bank manager, I've worked in finance/banking for over a decade.

The figures cited in this thread for the Austrailian market are actually not that much different from various real estate markets in America.
It's all dependent on location however. As long as there's suitable infrastructure available and jobs in a particular area, there's no reason to need to live in a large city. The "cool" factor isn't worth paying six-figure premiums for. You don't need to live by the beach.

>lol you're just immature you fag!

Idk about there but foreign money has inflated the shit out of our housing market. The middle class owning a couple of houses is a drop in the ocean compared to that. Chinese/Russian/Arab billionaires use it as a form of wealth storage.

Good on you mate. Start working on your 2nd now, you can set yourself up for life.

Every aussie has the right to dream of an early retirement and time spent with the kids.

>girl
>posts on Sup Forums

Right. You know the rules

TITS OR GTFO

I agree, we have that problem here. I'm not supporting it and neither do a lot of the middle class here, we want to park OUR wealth.

I'm in the process of becoming a mortage broker.

Am I retarded?

not if the market is good ie on the way up. When the market is bad your income falls out the ass unless you diversify (sell insurance etc)

Man, I'm not going to treat you like a troll because, while you are one in a looser sense of the word, I'm not going to call you a fucking retard.
I'm 20, and my rent in a boarding house close to the city is $190 a week. I've got a job at Woolworths, but they won't give me more than 4 hours per week.
This means pretty much no savings, and it's fucking hard to save up for literally anything when low-skilled jobs are being taken by Pajeets and Changs.
I haven't thought about getting a trade, because I just don't want to. From what I can tell even trades are going to become more and more rare as we let more immigrants in.
I don't really have a solution, maybe cut negative gearing for second/third home buyers. I don't know if that will help or hurt the working class, but it might.
Basically, growing up in the 80s or 90s means that you had less migrants to take your jobs, and lower house prices, no matter where they are.
I want to live in a major city, and it's just not feasible unless I want to live in an apartment.
Anyway, glad you bought 2 houses, I don't think the housing market is going to crash anytime soon, no matter how much I want it to.

A twenty year mortgage is pretty standard for most 'battler' households. If you earn more then you pay it off faster, but regardless there's plenty of people out there willing to slog it out and they get houses, not whiny babbys who want it without the burden.

calm down faggot just because your country is full of faggots cutting their dicks off

I'm not wanting to take anything away from a hard working honest middle income household.

But you have to be having a laugh if you think the value of property is linked to reality.

Any other product I choose to invest in, I could look at the parts and labour and add a markup and see where the value is coming from. But with houses and to a lesser extent flats and units, it's all in the magical esoteric "location"

This cunt gets it

>W-why does nobody want to live like me?
>Why are these big mean bullies talking about how property is insanely overvalued due to a decades-long policy strategy to increase the values of politicians' property portfolios?

>everyone else is jumping off this bridge so you should jump off it too
take your uppity 'battler' bullshit and go buy another 5 houses with leverage

>We have the right to have a secure investment

...your "secure investment" could be elsewhere, where as everyone needs housing.

So you're trying to make an ideological argument, where there should be one about VALUES.

Hence you're being a bit of a dick.

>even someone on MINIMUM WAGE

Yep, on a long enough time line even someone on a dollar a day could afford to buy you... but that's not the point.

>So fix the jobs problem, fix the immigration problem.

Which means the solution is not "try harder", it means making political changes.

If you think the libs are good on this cos they dont like refugees you'd be mistaken, they're flooding the country with 457s that are stealing aussie jobs.

Legitimising the libs position by repeating it "just try harder", is working against getting a political solution to problems with government policies.

I'm hoping that I get enough trailing commissions to survive that shit.

good luck when that second mortage goes upside down after the housing crash.
you are in a bubble. by your own admission people are not buying houses to live in them, they buy them because they are a good investment because the price keeps going up.
the price keeps going up because people keep buying them.
eventually have the same problem we in the states did, supply will catch up to demand as construction jobs boom.
once this happens the prices will stop rising because supply is stable.
once this happens people who bought a house "as an investment" will panic because prices aren't rising and they will begin to sell.
this will trigger a chain reaction of debt insolvency which will crash your entire economy.

enjoy that, I know it sure was a blast here when it happenned

yeah trail commission rocks, here in NZ only one back still does it though (westpac) all the other have gone to an upfront %

I have no problem with middle class people buying two houses, however my issue is with the negative gearing policy.

Negative gearing on newly built homes is fine as it increases the housing supply and at the same time supports the construction industry.

But on old homes, people will buy the existing houses which props up the bubble and costs tax revenue at no benefit.

This also discourages investing in other areas which isn't good for 'jobs n growth' in the long term.

>I haven't thought about getting a trade, because I just don't want to.
>I want to live in a major city, and it's just not feasible unless I want to live in an apartment.

Not going to insult you but take a long hard look at what you "need" in your life. You've still got time.

Oh and find a better job, there are better jobs out there mate. Especially if you're a tradie, we're laughing all the way to the bank.

Land has value, not the house. Ignore the house and always look at the land value.

The reason prices are high is because people will pay that. It's simply the market at work.
There's a lot of us in the middle class who are well off and we're competing to buy + the international investors.

I would love to see the non-aussies cut out, it would drop prices and mean us aussies can buy more property since it drops.

We all win, except the chinks.

Would not trust the libs as far as i can throw them, they're jews and not real capitalists wanting the middle class to get ahead.

Thanks mate, because it's all paid off.

Covering your ears and pretending that everyone owning their own homes are cashed up cunts is only going to lower your chances of affording a house.

Everyone knows the old adage of supply and demand. However, it goes a little deeper.

Every market has multiple buyers. Take yourself. You bought a house as an investment.

This creates extra demand, which inflates the pricing on the surface. Since housing trends upward, it *is* a good investment, but the market rapidly becomes driven by investment demand instead of housing demand.

Once housing prices reach a sufficiently high price, people stop buying them because rent is too high to attract customers. Condos become far more competitive, and the conventional housing market crashes because of a sudden lack of income.

People foreclose on houses because they can't afford the mortgage payments, and suddenly everyone else is out the equity of their houses because of the sudden glut on the market.

Combine this with extra people who get loans they can't afford in times of financial peril, and you get a cascading effect, with the worst prepared falling first, making the market just bad enough for the next, and so on.

This is what happened in the US in '08, and it's going to happen to AUS soon.

I have no solution that makes everyone currently invested happy.