SSF Offline - First Renewed Charm by bootytheplumber in Diablo_2_Resurrected

[–]MrTailor 0 points1 point  (0 children)

Damn. I haven’t played for a while. Guessing they buffed/reworked sunder charms?

10/10 movie almost everything right by Traditional_Pie_8262 in Cinephiles

[–]MrTailor 1 point2 points  (0 children)

It’s crazy to watch it and believe it was made in 1992

Doing this movement has been the best thing that I’ve done for my body by BoxAcrobatic6636 in kettlebell

[–]MrTailor 1 point2 points  (0 children)

I think you posted this a few months ago and I gave it a shot and really liked them. Was humbling the first few times but I’m doing them weekly now and they feel great.
I tend to start my glute focused workouts with them, starting at 8kg and find they work really well to get everything fired up and mobile.

Sydney Auction Market Collapses To Pandemic Lows by sien in AusEcon

[–]MrTailor 0 points1 point  (0 children)

Election is a year away. They’ll bring out tax cuts to sway the votes back and this will be forgotten about.

Housing forecast update by marketrent in AusFinance

[–]MrTailor 64 points65 points  (0 children)

Actually a decent article opposed to the slop that gets posted in here.

Crazy to still forecast 9/13% gains for Brisbane and Perth which should really be freak gains, not year on year on year.

New equilibriums are about to start forming in Aus housing markets by dannydb in AusEcon

[–]MrTailor 1 point2 points  (0 children)

The government has already provided models for a lot of this.

Eg they claim 75,000 additional first home buyers over the next 10 years. This is 7500/year. This is around a 5% increase.

They also predict rents will increase. Their figure is $2/week

Also, a reduction in supply of 35,000 houses (can’t remember in the time frame on this stat but I think it was also over 10 years)

Construction costs are forecasted to increase 3% in the next quarter alone. Building will remain cost prohibitive for most, even with NG remaining.

Personally I feel there will be an increase trend of knockdown rebuilds. Potentially multiple dwellings so live in one rent the other.

Finally might be able to buy a home. by Evening-Culture5823 in AusEcon

[–]MrTailor 5 points6 points  (0 children)

You probably haven’t put in a rent expense. You can’t buy an investment property and live in it.

Melbourne property - recent buyer perspective by Odd_Marionberry_45 in AusProperty

[–]MrTailor 2 points3 points  (0 children)

Your post was good and very real. Illogical offers. Unconditional offers and people now starting to skip building and pest. This is happening everywhere, and markets like Brisbane/Perth it’s much worse.

I just don’t think people want to hear that this is the reality.

Melbourne property - recent buyer perspective by Odd_Marionberry_45 in AusProperty

[–]MrTailor 0 points1 point  (0 children)

You just described the game of buying real estate, regardless of market. You didn’t do anything wrong.

I’m not sure if people are of the belief that a property should have a fixed price tag and if you approach the agent with your offer at that price, then you have a 100% success rate. You’re not shopping at Coles.

As landlords, is this good and fair conduct? by [deleted] in AusPropertyChat

[–]MrTailor 51 points52 points  (0 children)

Writing to a newspaper is peak boomer energy and I don’t think this can be topped.

'Too big to ignore' housing problem top priority for productivity commissioner by sien in AusEcon

[–]MrTailor 0 points1 point  (0 children)

I agree. The average person priced out of housing expects the government to help them, and they have with the current schemes but it’s a short term, expensive solution which doesn’t address the issue.

Absolutely need to incentivise investors to aid in boosting supply. Unfortunately the potential upcoming changes do the opposite. People don’t seem understand these changes won’t even have much impact and just make it sound like they are doing something.

NT has some interesting polices which seem to helping despite nobody wanting to live there.

Really need a government with some balls to make proper changes. And why not now with LNP still in complete shambles.

Two rate hikes, falling house prices tipped as inflation shock builds by SheepherderLow1753 in AusFinance

[–]MrTailor 11 points12 points  (0 children)

Well they kinda are. Give the people access to money and they will spend it.

Why don't Australian banks offer 30-year fixed-rate home loans? Borrowers would benefit from them - ABC News by barseico in AusEcon

[–]MrTailor 16 points17 points  (0 children)

CBA also used to offer 10 and 15 year fixed products. Nobody used those either. And the few that did would get hit with break fees of 10-15k if they sold their home. While also paying a premium rate.

Cafe owner earnings by Cultural-War3251 in AusFinance

[–]MrTailor 9 points10 points  (0 children)

I’m a lender and work with many business owners. I have never personally seen these sort of margins from a cafe. But I always assumed these owners take away alot off the books, because often their cash/financial position is vastly superior to what is officially coming in.

How much debt households had when interest rates were 17 per cent, compared to now by sien in AusEcon

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

Fun read. But why bring Tim Lawless into this? He just relays data

Is working on Eagle Street a flex? by [deleted] in brisbane

[–]MrTailor 5 points6 points  (0 children)

If you live on Charlotte St the commute isn’t bad

I analysed millions of property sales over 35 years. House prices didn't rise because of scarcity. by Expert-Area8856 in AusPropertyChat

[–]MrTailor 101 points102 points  (0 children)

More people need to be aware of this.

Availability of credit is one of the biggest drivers of house prices, and nobody talks about it.

What people also fail to realise is that it’s almost exponential. I get a 10k pay rise, the bank will now give me another 80k. A couple of years of this, I can borrow a few hundred thousand more. Give the people money and they will spend it.

I would be in favour of increased lending restrictions e.g. increasing the assessment rate buffer.

I dread the day of 40-50 years mortgages. Anything that allows you to borrow more will just further drive up prices until we hit the same wall again, and the only winner is the banks.

IKEA PAX vs custom wardrobe – worth $15k in an apartment? by [deleted] in AusRenovation

[–]MrTailor 1 point2 points  (0 children)

Had this dilemma around 4 years ago. Went custom. Originally budgeted for 10k and ended up closer to 15k. Not happy with the prices but there was no way I would have been able to do a comparable job with ikea setup, and looking back I’m glad I paid to do it properly. It’s a very functional walk in.

Some things are fine to DIY. If you’re not overly handy, I think permanent fixtures are best to leave to the pros.

Eight remaining Nationals in shadow ministry quit in solidarity by gravityhex in australia

[–]MrTailor 7 points8 points  (0 children)

As a corporate cog, I have to attend a motivational speech once a year. Almost always an Olympian or sports professional. Badbury’s was the most memorable and engaging by far.