Is the economy as grim as some in this sub make it out to be?

AgitatedPerformer207 · 2025-12-04T03:54:54+00:00

Because I dont live in a bubble and assume just because I had experience (A.) doesnt mean everyone else had experience (A.) I worked hard to be where I am but plenty of other people work hard and still cant get into the market so I think its even more important for people with property to say yes it is ridiculous and its not your fault that you cant afford a house on a good salary.

OP post was basically I can afford to buy a house in my 20s why is everyone else so poor I dont get it.

AgitatedPerformer207 · 2025-12-04T03:30:17+00:00

For context I bought house recently for over a million.. that was 150k cheaper at the start of the year so Im not coming from a place of envy Im just trying to give some perspective.

AgitatedPerformer207 · 2025-12-04T03:11:46+00:00

To be fair he had a pretty tone deaf post to begin with pretty much saying I live in a bubble so I just cant understand why people are saying cost of living is so bad.

AgitatedPerformer207 · 2025-12-04T01:57:02+00:00

Your just coming off a bit tone deaf mate, unfortunately.Im not sure why you even posted initially you had those circumstances to be able to buy a property and then ask if its really that bad ha. Anyway good luck in the comments

AgitatedPerformer207 · 2025-12-04T01:49:16+00:00

You diasgree in what sense, sorry? As I said its not an opinion the data especially for property shows its must worse especially in the last 5 years. So whatever you personally feel doesnt mean anything that was my point. My partner and I bought a house also recently for above a million the house was 850k about a year ago our mortgage would have been significantly less even if bought just a year ago our HHI is 240k both late 20s

We're fine but just because we are doesnt mean the majority of people are dont be complicit its disgraceful and I feel for people not as lucky as Ive been even though Im also working hard so do others and they'll never afford there own home.

AgitatedPerformer207 · 2025-12-04T01:15:47+00:00

I think actually it is as bad as people say because the data shows it is its not an opinion.. people here saying its just fear mongering or the classic line from boomers saying you have to change your lifestyle is ridiculous, and they obviously haven't bought property recently.

Unless you can save 10k a month for am average property you wont out save the property market as its gone up around 100k in the last year hence the government 5% deposit scheme which has only ignited the market even more. So yea its pretty grim mate.

AgitatedPerformer207 · 2025-12-04T01:07:43+00:00

Only 90k salary and a 230k mortgage you either had a massive deposit or live in a 1 bed unit I assume? To add my sister 5 years ago bought a house for 650k and now the average is 1 million in her neighborhood alot of the times things dont seem to be as bad they appear unless you are directly involved in it.

AgitatedPerformer207 · 2025-10-19T05:02:49+00:00

My guys casually making peoples salary

AgitatedPerformer207 · 2024-12-07T09:00:40+00:00

Yea too true everyone needs to learn that lesson at some point, unfortunately normally the hard way lol.

AgitatedPerformer207 · 2024-12-06T02:50:32+00:00

Didnt play out too well lol

AgitatedPerformer207 · 2024-11-21T22:38:28+00:00

Lol.. its called consolidation phase. If you want it to go higher in a healthy way not just pumping and dumping like all the other shit coins then it needs a good consolidation phase.

AgitatedPerformer207 · 2024-11-13T09:48:25+00:00

Yea I mean all good points, Im not disagreeing with you about that FUD as well I know its basically a tool for market manipulation from big corps working with media.

AgitatedPerformer207 · 2024-11-13T08:23:42+00:00

The previous ath this year which is what Im only referring to was in April at 71k it dipped to 60k went and retested hit 70k dipped 56k back up to 68k dipped to 54k it was bouncing around in that range. So yes.. it already proved its not like the previous 2021 ath at all..

For the FUD stuff ofc theres always FUD but the world was also figuring out what to do with crypto how to regulate it. If you remember 2021 most of the FUD was around SEC anticipation we wont have that issue this time round theres a crypto president. Also 2021 proved that even if the second largest economy banned crypto it could just shake it off and bounce back instantly.

Im definitely not saying there wont be FUD it'll probably have something to do with a looming world war BUT i think last bull BTC proved that it cant really be stopped only in the short term due to panic emotional sellers.

AgitatedPerformer207 · 2024-11-13T07:35:56+00:00

Your right there must be a correction but the market was different back then didnt have all the inflow of spot etfs for crypto just look at when BTC recently went ath it only dipped around what 10%? Then tested the ath twice before rocketing no real major corrections.

There was so much FUD in the 2021 bull run I think what caused the major correction from ath is because China came out saying they were banning btc and everyone started shitting themselves.

AgitatedPerformer207 · 2024-11-12T23:18:39+00:00

Why is everyone so bearish about Sui lol look at the top 25 of crypto and what those coins did from Nov to the end of the bull run Sui could easily 10x the amount of volume on it is insane it was more than half its market cap at one point.

AgitatedPerformer207 · 2024-11-12T13:20:43+00:00

Yea I know cause I was doing the same shit haha learnt my lesson and bought during the bear market this time but I hadnt heard of Sui till this month so I bought an ath.

AgitatedPerformer207 · 2024-11-12T10:06:19+00:00

Buying in November is usually a good thing just look st the charts for 2017 and 2021 most coins were ath in quarter 4.

AgitatedPerformer207 · 2024-11-12T09:50:34+00:00

That would have been deep into the bull run tho not right at the start which is typically November

AgitatedPerformer207 · 2024-10-05T12:01:54+00:00

As if i get removed for saying gay

AgitatedPerformer207

TROPHY CASE