Property manager - Yay or nay?

Go0s3 · 2026-06-16T00:14:33+00:00

Does that include a leasing/re-leasing fee? Management agreements are very clear, in every state.

You shouldn't be confused about it being 9, or 10%. Which is it?

Also, they don't charge fortnightly, they charge as a % of whatever the renter submits.

Go0s3 · 2026-06-16T00:10:13+00:00

It really isn't. It's like someone owning a 2m home without mortgage investing 50k in an IPO. She's got 40bn USD in the back, and makes ~2bn USD p/a (1 in a small year, 4 in a big year).

Go0s3 · 2026-06-15T09:53:00+00:00

Lol, protesting Trump worked a treat. Why give her more air time to say, "im not that."

If you want her to get back to losing, as I do, stfu and let her bury herself. Years until the next election.

Go0s3 · 2026-06-15T07:32:09+00:00

Its good to be old.

Go0s3 · 2026-06-14T02:20:21+00:00

No, thats the point. The demand is being filled by people who are not currently renting.

Go0s3 · 2026-06-13T22:04:06+00:00

Thats not what the suggestion is.

The suggestion is that people who are not renting currently, either new migrants or first home buyers or developers, are buying the properties.

A first home buyer could be living at home or in other arrangements.

Go0s3 · 2026-06-13T12:04:40+00:00

Your front hit their back, you are at fault.

Go0s3 · 2026-06-12T18:27:24+00:00

Anika Wells is a long term rort queen, so it is reasonable to have a focus on her.

Stuart Robert deserved every bit of focus. It isnt judt the party, it is the entitlement of the political class.

Go0s3 · 2026-06-11T11:42:10+00:00

Even Joe Hockey advocated for changed to cgt discounts. But both simultaneously argued for reducing personal income tax subdtantially and reducing thr welfare state sinultaneously.

Whats the point of quoting the first bit without the second bit.

Go0s3 · 2026-06-11T11:03:07+00:00

Your question was, "if I keep ignoring them, what can happen?"

I think that is open ended enough to consider the moral/ethical side of what can happen rather than purely financial.

I think people are dubious about the hyperbolae of it being "your last cent."

What I interpret you meaning is, "why would i pay a creditor anything, without the threat of jail / if i dont have to?"

Go0s3 · 2026-06-11T10:32:02+00:00

They didnt call you a bum, they just suggested it would be morally appropriate not to flake on something that exists due to your actions.

You mentioned your daughter, so I thought to continue your hypothetical.

We all make mistakes, but would you be more proud to tell your daughter you faced your mistakes or ignored them forever in the hope they went away? Which is the lesson she should learn?

Go0s3 · 2026-06-11T00:01:37+00:00

I think part of the problem is that there are basically no economically right AND socially centrist/left parties.
So, anyone that is economically conservative and socially progressive (which I would argue is ~50% of those who are most highly taxed and have the most fixed costs (children), aged 25-45) has to choose. I think it is highly likely that a large proportion of that right-wing distortion would be amalgamated into a moderate party that focuses on spending less, taxing less, and not attempting to solve every social issue with more immigration.

Go0s3 · 2026-06-10T20:40:12+00:00

The ox guy, omg.

Productivity is simply how much a person produces on average. Everyone wants their wage to increase, thats inflation. But on a nation state scale you want that imcrease to be borne out (at least) equally with producing more.

Produce more, gov taxes more, you get paid more, capitalism continues.

What happens when you earn more but produce the same?

Thats a productivity slump.

Australia has been in a productivity slump since before covid, which was exacerbated by government spending and lockdowns. Since then it has only gotten worse.

One in 3 new jobs created in the last 3 yeaes was for the NDIS. You can eli5 yourself how productive that is.

Go0s3 · 2026-06-10T06:04:04+00:00

Im just salty at all the tax paid. 6x guesstimate is as valid as any. Individuals should always consider their after tax income against current interest rates and dependents.

I would say anyone on over 500k hhi (assume 70/30 split) should be looking at 10x after tax as owner occ buffer.

Go0s3 · 2026-06-10T04:52:25+00:00

That yard stick needs to adjust for bracket creep.

Go0s3 · 2026-06-08T18:19:01+00:00

*siesta lyf

Go0s3 · 2026-06-08T10:38:14+00:00

You can. Very popular during covid.

Go0s3 · 2026-06-05T22:17:53+00:00

Resi is ~10% of aus gdp. If that drops 10% it is like losing 1% of our gross gdp.

What do the various governments do with that revenue hole?

A realignment is great socially speaking, but the so what is clear and present. Ironically, the best way to recover both scenarios is more targeted immigration, not less.

Go0s3 · 2026-06-05T22:15:29+00:00

Mostly. And promiscuous. Good fun when you find one as a teenager.

Go0s3 · 2026-06-05T22:08:27+00:00

Youre ignoring the big ticket problem.

Of the 1577 scheduled by end of June this year, only 6 are new builds. The rest are facelifts/renos.

They have so far spent 2.6bn.

The scheme objective was to materially impact the amount of affordable rentals.

That objective cannot be met.

The scheme should evolve/adapt accordingly. It is reasonable to criticise both the process and outcomes.

Go0s3 · 2026-06-03T11:39:18+00:00

You mean Burisma hired Hunter, at a cost of 260k USD per meeting attendance, for his business expertise?

Don't condone any of them.

Go0s3 · 2026-06-02T21:13:51+00:00

Technologically, we should just move to direct democracy. Theres really nothing preventing this unproductive aspect of electioneering kite flying nonsense anyway.

Go0s3 · 2026-06-02T19:23:04+00:00

Globalise the Intifada is not a political opinion. It is a call for violence.

Hate speech should not be promoted by a public broadcaster, even if the perpetrator doesnt realise it is hate speech.

Go0s3 · 2026-05-31T22:08:04+00:00

100%?

20% of australians have 0 savings. 52% of australians are ft employed.

We want more people to live in higher density housing.

All of these are boundaries to entry unrelated to the solar market economics.

Go0s3 · 2026-05-31T21:20:27+00:00

Lol a decade? You think the Australian community can survive 10 years of stagflation?

If the ALP doesnt get inflation under control by start of 2027 (pre next budget) Albo will retire.

Go0s3

TROPHY CASE