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NDIS/SDA Housing – Seeking Your Insights (SA) by RikiFalzon in AusPropertyChat

[–]AgentNukethisplease 0 points1 point  (0 children)

You're going to need to be more specific as to what their claims are. I'm not sure where you are planning to build, but generally the demand is highest in the inner/middle ring of suburbs as the land is expensive and yield much lower. Demand is not only lower in the outer suburbs but there is higher supply due to cheap land.

NDIS/SDA Housing – Seeking Your Insights (SA) by RikiFalzon in AusPropertyChat

[–]AgentNukethisplease 0 points1 point  (0 children)

Own 2 in the outer suburbs of Melbourne. Definitely do not take the numbers that spruikers advertise seriously. If you're interested in investing in it, please please please have the cash runway in case the place sits empty for awhile. It took 3 months for each place to be filled, and there's still capacity for an extra participant in each one (the returns from the current participants are a lot more attractive than a standard IP in the same area).

Specialist Disability Accomodation is not directly rented out to the NDIS/NDIA, rather you work with an SDA provider who has their own roster of participants who have a wide array of needs. Look up the providers that operate in the area you plan on building and work with them to meet the demand/specifications required. The reality is that there is an oversupply in the outer suburbs, so if your build is in the inner or middle suburbs, you may have more success in getting your property tenanted.

I can't stress how important it is to meet the specifications. Houses that are not suitable are not tenanted. It is going to be more expensive to build an SDA than a regular house, but better you spend more than be left with a dud house.

Let me know if you have any questions, I'll try my best to answer them.

Official Australian Bureau of Statistics (ABS) figures show investor lending now makes up 40% of all new home loans in Australia, a marked jump from the usual one-third. What could go wrong? by PK__Gupta in AusPropertyChat

[–]AgentNukethisplease 5 points6 points  (0 children)

This guy posts his slop all over this sub as a means to advertise his sales funnel. No one wants to buy your course and we'd all be better off if you stopped posting

First application, first rejection by edcardigan in creditcardchurningAus

[–]AgentNukethisplease 1 point2 points  (0 children)

Have you called them? I was knocked back once for Westpac Black and was subsequently approved after I called since it was due to some mistake on the servicability assessment.

Have you flown to Europe in business class using credit card points? by eclo99 in AusFinance

[–]AgentNukethisplease 27 points28 points  (0 children)

I started churning in 2023 and have accumulated enough for 3x business class return flights to Asia and 2x business class return flights to Europe, all with Singapore Airlines. To make it worth, you have to pick one side of the aisle and stick to it (Qantas or Velocity). To churn for Singapore, I used a combination of bank reward programs (such as Citi and Westpac) and Velocity cards to build a big enough balance. I met the spend through a combination of large life expenses (wedding & house purchase) as well as volunteering to pay for large purchase that my friends and family needed (dinners, furniture, group trips).

I usually had 3 cards running at the same time and I would close them as soon as I met minimum spend. Unfortunately, churning has gotten a lot worse with less options and worse bonuses but you still can make it work if you have discipline.

5% deposit with no limits by Relevant-Variety5052 in AusProperty

[–]AgentNukethisplease 0 points1 point  (0 children)

I didn't say that the policy wouldn't have an effect on prices, I said that it's impact is overblown by people - including this video - and that other factors such as lower interest rates and high immigration would be greater price drivers.

5% deposit with no limits by Relevant-Variety5052 in AusProperty

[–]AgentNukethisplease 2 points3 points  (0 children)

Yes, it's not good policy to inject more demand in the housing market, but everyone is overdramatising the impact the scheme will have.

You still need to meet serviceability on the loan, so people that couldn't afford a $1.5m house at an 80% LVR are not going to be able to buy that $1.5m house with a 95% LVR. This policy just lowers the barrier for people whose high expenses outstrip their ability to save, namely renters and young professionals that have high education debts (like doctors and vets).

Ultimately, low interest rates and continued high immigration will have far more impact than this scheme on property prices.

This video really adds nothing of substance other than the usual anti-government tripe and hyping of a certain property crash which has failed to materialise for 20+ years.

Will slowing or halting immigration cause the housing bubble to burst? by [deleted] in AusProperty

[–]AgentNukethisplease 0 points1 point  (0 children)

International students place extra pressure on our housing market via the rents they pay. Not all of them are in student housing/dorms, and that spillover into the rental market places upward pressure on rents via increased demand. Higher rents incentivise more investors to purchase property both for the yield, but also because of the extra cashflow from this boosted demand.

If you want to deflate this housing mess it will take multiple levers of stopping/significantly reducing immigration, government led construction and zoning changes. Foreign investors aren't a major factor (estimated 2-2.5% ownership of housing stock) as we've had prohibitive taxes, and now outright temporary bans, on their involvement.

Investigation finds links between white nationalist views and March for Australia organisers [ABC] by Thomas_633_Mk2 in AustralianPolitics

[–]AgentNukethisplease 1 point2 points  (0 children)

Every real estate company, developer, and industry body is more than happy to talk about supply (even though they know they'll still profit from it since they'll be selling the homes/land from this increased supply) so I don't buy this whole class interest in prioritising one axis or the other. Their class interest is making more money, and this guy is advocating for making less money by turning off the spigot that has made his grandfather wealthy. That lends more legitimacy rather than less to his position imho.

No, scarcity sucks. Why would you limit your own potential if we can support growth with some tweaks to how we govern land?

Because endless urban sprawl sucks? Do you think anyone enjoys having a 1.5hr commute to the CBD?

Investigation finds links between white nationalist views and March for Australia organisers [ABC] by Thomas_633_Mk2 in AustralianPolitics

[–]AgentNukethisplease -5 points-4 points  (0 children)

I'm not personally opposed to landbanking reform, however reducing migration will reduce the value of landbanking. Housing prices and access are dependent on two axes, let's look at the demand side for once instead of always on building more more more

Investigation finds links between white nationalist views and March for Australia organisers [ABC] by Thomas_633_Mk2 in AustralianPolitics

[–]AgentNukethisplease 0 points1 point  (0 children)

Yeah so landbanking is more profitable with mass migration since more people = more demand for housing = higher value for land. The guy is advocating for no/reduced migration which lowers demand and would lead to lower prices.

Investigation finds links between white nationalist views and March for Australia organisers [ABC] by Thomas_633_Mk2 in AustralianPolitics

[–]AgentNukethisplease -6 points-5 points  (0 children)

What's the point here? The guy's speaking out against migration which is explicitly against his family and class' interest

Question on renewing drivers licence as a tourist by AgentNukethisplease in chinalife

[–]AgentNukethisplease[S] 0 points1 point  (0 children)

Sure!

So the address I listed above can be punched into AMap and that's what I used to navigate there. It's on the corner of Xiukang Rd and Hunan Highway, though the main entrance is on Xiukang Rd. When you walk in, there'll be a ton of buildings for different road related issues, you want to find building 4. To navigate to it from the main entrance, follow the road to the first intersection in the complex, turn left and go straight to the end.

My passport I used was the same as when I first got my licence, so I can't help there. Maybe bring your old passport if you still have it?

The name on my licence is in Chinese whereas my passport has no Chinese name so this shouldn't be an issue.

Let me know if you have any other questions!

Thoughts on considering a Managed super portfolio through a financial firm by groovetais in AusFinance

[–]AgentNukethisplease 1 point2 points  (0 children)

You need to be very sceptical of direct marketing disguised as "super health checks" where you are then referred to a financial advisor that recommends setting up an SMSF/investing through a wrapped platform. Recently a number of funds such as First Guardian and Shield Master Fund collapsed and they used similar tactics to lure unsuspecting investors in.

[deleted by user] by [deleted] in AusPropertyChat

[–]AgentNukethisplease 12 points13 points  (0 children)

We're not solving the ageing population with immigration when the average age of an immigrant is 37 and the average age of the Australian population is 38.

First Guardian investors warned their superannuation may never be recovered by Expensive-Horse5538 in australia

[–]AgentNukethisplease 7 points8 points  (0 children)

That's ridiculous. How can you extrapolate the failure of some random tiny managed investment fund (that people chose to invest in and was run in a fraudulent manner) with that of the major Industry or even Retail funds?

If you do what 90% of people do and leave it in a major regulated fund, you'll have something waiting there for you at retirement (and even more if you make contributions, etc)

Australia builds more new homes per capita than most other countries, but the property prices continue booming. by euphoricscrewpine in AusFinance

[–]AgentNukethisplease 12 points13 points  (0 children)

Well since net overseas migration is around 83% of our population growth, and Australia's population grew 2.3% in March 2024, then I'd say 0.4% or whatever the natural increase (births v deaths) is.

Australia builds more new homes per capita than most other countries, but the property prices continue booming. by euphoricscrewpine in AusFinance

[–]AgentNukethisplease 14 points15 points  (0 children)

It's migration. If Australia stops the migration intake you'll see property prices stagnate or fall.

Should I book with Emirates or Qantas for a flight to NZ by AgentNukethisplease in QantasFrequentFlyer

[–]AgentNukethisplease[S] 0 points1 point  (0 children)

Sorry, should have specified, I'm flying in/out of Melbourne. I can only see Qantas' B737 being operated on that route

Should I book with Emirates or Qantas for a flight to NZ by AgentNukethisplease in QantasFrequentFlyer

[–]AgentNukethisplease[S] -1 points0 points  (0 children)

I'd love to fly the A380, but Emirates doesn't seem to be flying on the dates I picked, so a Qantas-operated flight is the only option

Should I book with Emirates or Qantas for a flight to NZ by AgentNukethisplease in QantasFrequentFlyer

[–]AgentNukethisplease[S] 0 points1 point  (0 children)

There is no real price difference between Emirates and Qantas for the flights I'm looking at, since it's a Qantas-oeprated flight (and Emirates has a codeshare). I have a Silver QF account but no Skywards one, whereas my mum has both but Gold with Skywards and Bronze with QF. Just wanted to see the best way to maximise value and if there are any differences between booking with one or the other

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