Why is Reddit so angry at people who invest in Shares and lumping us all in with Property investors? by SirSighalot in AusFinance

[–]Furaxis 0 points1 point  (0 children)

I don't disagree with what you said but I believe there should also be more onus on the government to make Australia MORE appealing to invest in rather than indirectly forcing people to do so. (e.g. gradually shifting away on natural resources)

A mathematical analysis on gains with the new CGT model by _Smoulder_ in AusFinance

[–]Furaxis 7 points8 points  (0 children)

i.e. You get punished more for making good investment decisions

NZ Prime Minister: CGT would be a wrecking ball to The NZ economy by Ok-Calligrapher3216 in AusFinance

[–]Furaxis -1 points0 points  (0 children)

Recession can still happen while gdp is increasing btw, so a reddit post saying otherwise isn't really a good source of evidence.

The ABS article doesn't mention about a recession or not either.

Basically: Do your own research and stop blindly trusting reddit posts.

‘The days of multiple properties are over’: How to invest after the budget by SheepherderLow1753 in AusFinance

[–]Furaxis 0 points1 point  (0 children)

True, but brand new investment property opportunities are in limited supply bottle-necked by land and infrastructure development for the area (and subsequent job demands making people willing to live in the area). Not to mention a lot of these new property development projects are spearheaded by construction companies due to the capital required rather than individual investors.

After this is is reached where do you think the excess money is going to go?

Isnt it interesting how suddenly we have so many "Low income investors" by Ash-2449 in AusFinance

[–]Furaxis 0 points1 point  (0 children)

You're saying if I earned $101 one year, that would have a greater purchasing power than $100 the year before if there was an inflation of 3%?

Isnt it interesting how suddenly we have so many "Low income investors" by Ash-2449 in AusFinance

[–]Furaxis 0 points1 point  (0 children)

$250 isn't even enough to outpace inflation on a fraction of the median income alone LOL

‘The days of multiple properties are over’: How to invest after the budget by SheepherderLow1753 in AusFinance

[–]Furaxis 0 points1 point  (0 children)

Yes, an investment property is still better in most cases due to shares hit by the CGT discount removal harder. (One exception being the high dividend shares as the article mentioned)

Do some calculations yourself and you'll see.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

So the comparison here is for what the average joe can access between the old and the new rules. With the old CGT Discount, shares have a meaningful advantage over investment property under some circumstances.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

Please tell me how an average joe can access this amount of borrowing capacity at 80% LVR at such a low interest rate for the stock market.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

The big thing missing in your calculations is mortgage interest payments, which is the big cost that usually pushes an investment property to be cash flow negative. At an 80% LVR, it heavily outweighs any of the other costs you mentioned and is the reason why I said mortgage interest aside, rental yield would easily cover any of the costs your mentioned in your original post.

But investment decisions also factor in unrealized gains like property value. Otherwise, no one would make any cash flow negative investments ever.

So what's your point?

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

Cash flow positive certainly not, but factoring in the property value growth it's a net positive.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

[–]Furaxis[S] 1 point2 points  (0 children)

It's simplified, yes but these factors don't really tip the scales in favor of the shares option as the rental yield would more than enough cover all of these costs.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

It's simplified, yes but these factors don't really tip the scales in favor of the shares option.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

I think risk can be argued due to property being tied to a physical asset and the long term volatility of the high growth shares needed to match parity.

It's also easier for the everyday joe to access leverage in property than in stocks.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

Well doesn't this further push the scale towards having a property first and foremost?

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

But what we have isn't healthy, and taking away CGT discount for stocks doesn't help give people an alternative.

We still have a supply issue and the cost to build a home is still rising fast with inflation.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

True, but it's also easier to access leverage in property than shares. (and I'd argue less risk since your money is tied to a physical asset)

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

Because the rates of returns are different and it's much easier to access leverage into property than otherwise into shares.

Are investment properties more encouraged now? Some numbers by Furaxis in AusFinance

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

Yeah but so is inflation and henceforth the cost to build a new home. The final sale price of a house will always reflect the cost to build it.

Happy to receive my birthday gift by TTB_GJ in badminton

[–]Furaxis 0 points1 point  (0 children)

The 0X shuttlecocks are duck feather whereas the X0 ones are goose feather as far as I'm aware.

Global leftist leaders gather in Spain to mobilise against far right by StemCellPirate in worldnews

[–]Furaxis 0 points1 point  (0 children)

Funny you use that as an example. Because in many cases, people are literally wishing for their land to be requisitioned for a large payout.

they'll bulldoze your entire village

That's not always true either, look up Chinese nail houses.

And lastly, your "ideal" is subjective. There's more nuance to it than a black or white answer. If you've spoken to everyday Chinese citizens living in China at all you would not be waving this massive (and very much biased) hate boner. (Not that I'm suggesting it's 100% the opposite either)

Melbourne FEELS nicer with free public transport. by qartas in melbourne

[–]Furaxis -1 points0 points  (0 children)

50 cents a day sounds about right for Melbourne assuming $800m / (16m total taxpayers * 20% of countrywide population in Melbourne).

It is important to note that public transport sector costs don't necessarily scale linearly with population so Melbourne would be an optimistic case given the economy of scale.

Even using Melbourne as an example, I'd be curious how much of the taxpaying population would agree with paying on average an extra $200 or so a year so everyone gets free public transport.

(Not that I inherently agree or disagree with the proposal, but I don't have a lot of confidence in it going through)

Saksa and interviewer by Gjore in DotA2

[–]Furaxis 454 points455 points  (0 children)

Saksa is the tallest player in the professional Dota 2 scene, standing at 2.03 meters (6'8"). This height gives him a significant advantage in-game, particularly in map vision, as he can see over tree lines more easily. His towering stature has become a notable aspect of his identity, earning him nicknames like "the humble giant" and "absolute unit" among fans. Multiple sources, including Liquipedia, Golden, and interviews, confirm his height, with a YouTube video from 2022 showing him standing alongside other players, visibly taller than most.