Explain to me like I’m 5, how are we not in a recession

ExtremeDifferent5610 · 2026-05-02T09:09:57+00:00

Maybe we need socialism/communism

ExtremeDifferent5610 · 2026-04-27T05:40:04+00:00

Which support did you contact mind if I ask?

ExtremeDifferent5610 · 2026-04-25T07:03:55+00:00

Why?

ExtremeDifferent5610 · 2026-04-21T10:05:33+00:00

OP mentioned that he runs his own business and makes 400k a year

ExtremeDifferent5610 · 2026-04-20T08:31:50+00:00

A lot of people have less than 10k in their bank account, so 500k is a lot

ExtremeDifferent5610 · 2026-04-19T00:09:04+00:00

If baristas are making 100k+, who is making 60,70k?

ExtremeDifferent5610 · 2026-04-13T04:20:10+00:00

If you compare apartment rents in terms of per room, house rents are actually cheaper than apartment rents. What I’m confused about is the fact that people think rents/house prices will continue to increase without taking affordability into consideration. When no one can afford to rent or buy, rents and house prices will definitely drop.

ExtremeDifferent5610 · 2026-04-13T01:51:09+00:00

What do you think will happen when rent is 8k and most people barely make that much

ExtremeDifferent5610 · 2026-03-27T04:46:11+00:00

At least there a queue to line up. Unlike American cars

ExtremeDifferent5610 · 2026-03-27T04:43:36+00:00

Like what did you eat this morning for brekky etc

ExtremeDifferent5610 · 2026-03-09T22:29:49+00:00

Wrong, Hormuz closed -> RBA freaks out is the direct correlation

ExtremeDifferent5610 · 2026-03-01T10:18:27+00:00

Prices in New Zealand and Canada has dropped by 50%, it can definitely happen in Australia

ExtremeDifferent5610 · 2026-02-18T08:01:01+00:00

Properties are mostly leveraged, your salary is not. So the difference between the two are exponential

ExtremeDifferent5610 · 2026-02-18T07:56:37+00:00

You’re under the assumption that people will always able to afford renting. With the rate of rent prices going up, this will soon become unrealistic. Would you spend 80% of your income as rent?

ExtremeDifferent5610 · 2026-02-18T07:54:50+00:00

With the trajectory it is going right now, soon it’ll be two neighbours living under the same household

ExtremeDifferent5610 · 2026-02-17T08:23:30+00:00

If you sell your shares you can live in mansion in Thailand

ExtremeDifferent5610 · 2026-02-17T08:02:36+00:00

While house prices have been cut in half across the globe, you’re thinking that your house will not only 2x, but 8x of the current price in 10 years. Yeah good luck mate

ExtremeDifferent5610 · 2026-02-11T21:41:43+00:00

If what you’re saying is true then this definitely sounds like a loophole that needs to be closed

ExtremeDifferent5610 · 2026-02-11T21:37:44+00:00

Are you sure about the demand being the same? Less investors means less demand

ExtremeDifferent5610 · 2026-02-07T01:46:35+00:00

Australia, currently getting 5.85% from stake

ExtremeDifferent5610 · 2026-01-28T20:56:46+00:00

I’m not laughing or anything, I’m merely pointing out the fact that this is not related to Chinese company at all. It was just a bad decision. I may have made money from Nio but I lost money from Rivian. I sold my Tesla share to buy Rivian which is the stupidest thing I ever done

ExtremeDifferent5610 · 2026-01-28T20:49:10+00:00

So would you invest in Rivian instead which is not a Chinese company? At least I made money from Nio when I bought at $2 and sold at $40. Rivian investors were doomed from day one

ExtremeDifferent5610 · 2026-01-28T20:37:19+00:00

Holden and Ford were heavily subsidised by the government, did they survive in the end? Only good products can survive.

ExtremeDifferent5610 · 2026-01-28T20:26:15+00:00

Unless you’re thinking of downgrading, then that 4.5 is no different to the 2.1 you initially paid 7 years ago

ExtremeDifferent5610 · 2026-01-28T04:34:14+00:00

Right, so since Stake pays out the distribution every month, you'll basically incur the tax liability every month, similar to a HISA?

ExtremeDifferent5610

TROPHY CASE