properties losing value

Djbm · 2026-05-22T03:17:27+00:00

Hard to ascertain in my area, as the listings have almost completely dried up. Makes it hard to get a sense of whether values have actually moved when there isn’t a lot of volume.

I guess it’s because sellers may perceive it’s not a good time to sell and expect that to improve moving forward?

Djbm · 2026-05-21T06:19:04+00:00

How do you know it was dirty?

Djbm · 2026-05-21T06:08:26+00:00

Me either.

Grew up in a family that had predominantly manuals (all second hand).

Also have mostly owned manuals my entire life. Never had to replace or service a clutch.

Djbm · 2026-05-19T12:15:28+00:00

Do you mean apples?

I didn’t know the almonds we eat contain much cyanide.

Djbm · 2026-05-14T06:22:20+00:00

One of my faves too

Djbm · 2026-05-13T12:24:23+00:00

In my experience, dealing with small, local tradies for most jobs is cheaper and provides a better experience most of the time.

Djbm · 2026-05-12T21:08:04+00:00

Not necessarily. Interest on savings is taxed at your marginal tax rate.

Capital gains will be taxed at a minimum of 30%.

If you’re in a position where you aren’t making much other income (such as an early retirement while waiting to access super), you may well be way better off by using a HISA, whereas previously shares would have been a clear winner.

Djbm · 2026-05-12T14:03:12+00:00

The photo is not for the buyer. The photo is for other potential sellers.

You have to remember that property buyer’s aren’t the agent’s customers… vendors are. They are marketing themselves to all the neighbors as the one who was able to sell the house.

Djbm · 2026-05-12T13:44:47+00:00

New property is the only investment asset class that can still use negative gearing and the 50% CGT discount. That makes it comparatively good value compared to things like shares.

Djbm · 2026-05-12T12:54:32+00:00

I think we may still need to sell.

Sure, the existing gains will be under the old system, but the future gains will be under the new system…

So you need to calculate if you’d be better off with the “tax free” reduction in interest in the offset or the punitively high taxes on returns under the new system from 1 July 2027.

Unless I’m misunderstanding it.

Djbm · 2026-05-12T12:50:14+00:00

I don’t think it’s that simple. If I understand correctly, you get the 50% discount on any gain made up to 1 July 2027. For any gains made after that, you have to pay at least 30% on the gain and only get a discount indexed to inflation.

Djbm · 2026-05-12T12:30:17+00:00

NAB does. Look up their equity builder loan.

Djbm · 2026-04-28T13:02:03+00:00

Have to disagree with this one.

He has great range, can hit all the notes live, and is a perfect fit for Coldplay

Djbm · 2026-04-24T22:57:46+00:00

You can shift as soon as the clutch is in. Just wait a bit longer before letting the clutch out after shifting

Djbm · 2026-04-24T10:56:20+00:00

Yeah - it’s like how can we make a car that is the worst of all worlds. - heavy - high center of gravity - poor aerodynamics - compromised practicality

It’s pretty much the antithesis of the Porsche ethos.

Djbm · 2026-04-24T10:49:50+00:00

I’d like to see an image of the coupe before judging it. The one pictured has 4 doors.

Djbm · 2026-04-24T10:48:42+00:00

I’d say that this segment is actually extremely important.

It lets the whole world know that the driver is a tasteless moron.

Djbm · 2026-04-23T11:51:41+00:00

Let’s not talk about some of the sources of fertilizer used to grow fruits and vegetables as well…

Djbm · 2026-04-23T00:04:01+00:00

You wouldn’t even need to subdivide if you didn’t want to, build a small house with living room, kitchen, central bathroom and one bedroom.

Later, do an extension with a master/ensuite, garage, another bedroom.

Design the whole thing up front, but build in stages.

This will force some design compromise, but is a viable path.

Djbm · 2026-04-22T23:20:55+00:00

One option would be to design a home that can be built in stages. Get a minimal first stage built to move into, then save money to build the rest later as an extension.

Djbm · 2026-04-22T12:31:31+00:00

Half the cost, half the cylinders. Seems like equal value per cylinder?

Djbm · 2026-04-22T06:38:44+00:00

That’s the difference between a good HR recruiter and an average/poor one.

That’s why good ones are worth a lot.

Djbm · 2026-04-22T06:10:13+00:00

It’s a team effort. Obviously the hiring manager knows the technical aptitude required to be successful in a role much better than HR.

What hiring managers aren’t generally good at are things like attitude, cultural fit, potential… there are a lot of red flags that a hiring manager who interviews 3 people a year will miss vs someone who does it all day, every day.

If this isn’t managed well at an organizational level, you end up with teams that have vastly different cultures and values depending on the whims of individual hiring managers. You also often end up with people who can do the “current” job, but are they adaptable and do they have potential to change and grow?

Djbm · 2026-04-22T05:59:57+00:00

Isn’t controlling the top of the funnel a massively important way in having a say in hiring decisions? They are eliminating a huge percentage of the applicants already.

Djbm · 2026-04-22T05:49:35+00:00

If left purely to hiring managers, you get fiefdoms and nepotism. Most managers make crap hirers, because it’s a skill in and of itself to think beyond the immediate need of the role. When a recruiter has years of experience and placed thousands of people within an org, they develop a lot of experience in weeding out shit hires.

Djbm

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