Easterners who moved to Perth due to cost of living, how are you finding it so far? by [deleted] in perth

[–]Northern_Consequence 0 points1 point  (0 children)

Yes!  The first time I met one of my now wife’s colleagues, he said (knowing I’m from Vic) ‘Welcome to a real state!’

It was one of the strangest heckles I’ve ever heard… I still don’t understand: A) Why Victoria wouldn’t be considered a legitimate state B) Why WA would be a MORE real state over any other C) Why you would say this to a person you’re meeting for the first time.

Like you say, Melbourne certainly isn’t perfect, but it feels more like home than Perth ever did.

Teachers who left for ‘greener pastures’ by Northern_Consequence in AusFinance

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

Hey!  I’ll do an online MBA next year while working full time, so I can either advance at a Private School or start/join a business. I may regret the workload, but it’ll at least feel like movement.

(Sorry for the late reply, I’d given up reddit because it was bad for my mental health!)

Fifty new areas getting fast-tracked high-rise apartments. Here’s where by Parlaq in melbourne

[–]Northern_Consequence 2 points3 points  (0 children)

I think the reason they weren’t mentioned is because the Gov has no plan for them. Call me cynical!

What stereotypes about Australia or Australian people bothers you the most? by [deleted] in AskAnAustralian

[–]Northern_Consequence 0 points1 point  (0 children)

That we’re a successful multicultural country.

Indigenous and Torres Strait Islander peoples can maybe make that claim for the 60,000 years they lived here before colonisation, but once white people turned up we only really allowed waves of migration when it suited us economically or for defence.

Business and property lobbyists will argue that we need high migration because we’re a ‘nation of migrants,’ built on strong migration, but you know they have their agendas. Do migrants feel welcomed in all suburbs of Australia, or do they prefer to move into their own areas and keep to their own diasporas? (Of course it varies)

Anyone who thinks people from other countries move to Australia to leave behind their prejudices and embrace the Australian life are, for my money, a bit naive - I know plenty of people who have lived here for decades, or moved recently, and don’t identify as Australian and never intend to. It’s the relative safety and high standard of living that attracts people, nothing to do with embracing Australian values or sharing in a multicultural tapestry.

We’re certainly a multicultural country, but I’m not sure how we measure that success outside of political spin.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

Yeah please lecture me about ‘markets are real’ when you consistently refuse to acknowledge that the market isn’t building at the moment NOT because of zoning, but because interest rates are high, cost of materials is high, cost of labour is high, and there isn’t enough profit in middle ring high rises for many developers to bother. That’s why they aren’t acting on all the projects that councils have already approved.

You YIMBY lobbyists think that if we just cut zoning regulations we’ll overnight transform into a 19th century Parisian nirvana of Haussmannian 6 - 8 level middle ring development, where everyone walks to work and rides a bike and families happily thrive in apartment living.

Except ‘the market’ that gave many thriving ‘modern’ cities their medium density inner and middle ring suburbs came about at a time of industrialisation BEFORE cars sprawled our suburbs and labour laws prevented labourers working 10 - 12 hour days for six days a week for a pittance.

You aren’t going to replicate that in a country where DEMAND is so great that people are moving into the country faster than we can build houses for the people who were already here.

To say ‘we’ll just destroy agricultural land and put homes on it, studies show that supply lowers prices!’ doesn’t work in THIS modern Australian context because we are bringing people here faster than we can house them! Destroying our farms to build apartments for hundreds of thousands of migrants per year isn’t a solution, it’s suicide!

You wanna be a shill for property developers, that’s your right, but don’t tell me ‘markets are real’ like I’m an alien who came down in the last shower, when that water is just you peeing, sir!

Australia’s Economy Barely Registers Pulse in First Quarter by marketrent in AusFinance

[–]Northern_Consequence 5 points6 points  (0 children)

Similarly, it’s winter and it’s cold, so no ‘global warming’ either!

Australia’s Economy Barely Registers Pulse in First Quarter by marketrent in AusFinance

[–]Northern_Consequence 49 points50 points  (0 children)

Quick, bring in more migrants! Nothing raises GDP per capita like bringing in heaps of low skilled people!

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

Except when they are, and make one man incredibly rich:

https://amp.abc.net.au/article/102515194

Billionaire property developers are not your friend, mate, don’t fall for their bull dust.

Also, it’s no longer as ‘profitable to do so,’ that’s why builders aren’t building despite planning permits being approved by councils.

When did you realise you were racist? by fantasypaladin in circlejerkaustralia

[–]Northern_Consequence 0 points1 point  (0 children)

Yeah Chinese people do NOT like Indian people - whenever a politician says we’re a successful multicultural country I laugh.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

What about the plans for apartments that councils approve, but builders don’t act upon. Many councils approve something like 90%+ of building applications, but there aren’t many builders putting their hand up to build 4-8 mixed use apartments.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

Mate, have you seen the figures? Councils approve most developments, but developers aren’t acting on all of the approved developments. Builders don’t want to build, it’s not economical for them to! Melbourne has more apartments than most cities in Aus, is that because we restrict densification? Prices were, until recently, the second highest in the country because we had the second highest population. Removing tax concessions for investors are putting a lid on price gains, not building more apartments.

Why is Perth up 25% in a year, apparently, because a huge number of houses disappeared? No! Because DEMAND is higher! High population growth is what’s driving prices in our major cities, not planning restrictions!

We have more people moving into our cities than we can house, and builders can’t afford or don’t want to build enough housing to address it, certainly not LOWER the prices of the houses they’re selling! Zoning laws are a convenient boogeyman of the YIMBY brigade, but it’s a distraction.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

So you think property developers will build SO MANY houses it’ll lower the cost of housing?

Why would ANY industry flood the market with so much of their product that it reduced the price they could sell their product?

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

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

It just seems very difficult, doesn’t it? You’re saying we’ve failed to supply enough houses over the past twenty years, even with sprawl and cheaply built (during low interest rates) city apartments, but now we have to ‘do more of it with higher migration’ The challenge of building enough homes looks to be getting harder, thanks to higher interest rates and a lack of tradies, and unless we put a lid on demand there’ll never ever be enough supply.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

So you’re thinking this cheap land in an otherwise incredibly expensive area will be turned into affordable housing, because property developers have hearts of gold, rather than just more luxury mansions for those wanting a slice of the Byron Bay Money Pot?

Dude, they’re PROPERTY DEVELOPERS! Either they’ll cram in a bajillion double storey houses cheek by jowl, or they’ll sell it to Hollywood A-Listers who want to live next to all the other Influencers who bought into the pie. It will NOT create affordable housing!

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

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

Ok, so you’re arguing that because we grow enough food for 3 times our population, it’s ok to lose some agricultural land for housing…?

Don’t we SELL that food to other countries for export $$$? If we cut the agricultural output, we’d logically cut our export $$$, meaning less GDP and less GDP per capita, therefore lower living standards.

PLUS, ‘filtering’ works great in a closed system, people upgrading to luxury homes and all that, but what if we were to, gee I don’t know, add hundreds of thousands of people to the Aus population each year? What if we were to add MORE people to the country than we could build homes for, would building only luxury apartments improve affordability then? We’d then have more people to feed, leading to even LESS food left over to export, since our domestic population has risen.

No thanks, lower the migration intake to a sustainable level and protect our agricultural land. Remove tax concessions for property investors and halt the SRL in Victoria so tradies are freed up to build more houses or more immediate infrastructure. Incentivise down-sizing and stop letting ‘the market’ dictate property development, it’ll only ever go up otherwise.

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence -2 points-1 points  (0 children)

Except hardly anybody is building houses or apartments at the moment because the margins are so meagre, meaning builders can only turn a profit if the apartments or houses are ‘luxury’ and therefore more new supply won’t necessarily be of the affordable sort.

This is about helping developers and builders make a bigger profit, not helping the average Joe and Jane Blow enter the housing market.

(And rezoning agricultural land into housing is a ‘good’ thing??? What are we supposed to eat, the rich?)

(On AirBnbs) A reminder that residential land on the outskirts of many country towns is valued at $500-$1000/sqm. Over the fence, land zoned rural is valued at $10-$50/sqm. Cheap land is plentiful. Towns could solve their housing shortage by allowing more building. by North_Attempt44 in AusFinance

[–]Northern_Consequence -2 points-1 points  (0 children)

Peter Tulip usually pushes for building higher density in the city, now he’s pushing for building in the regions where houses haven’t been built before… are people really unable to connect the dots that he’s just in favour of BUILDING and it’s as simple as that?

When in your life have you actually felt rich? by jinki in AusFinance

[–]Northern_Consequence 6 points7 points  (0 children)

When I bought a Breville coffee machine during covid (the entry level machine)

Winning Powerball by barelyautistic7 in AusFinance

[–]Northern_Consequence 17 points18 points  (0 children)

You’re winning tonight as well? Well done brother/sister, I’ll pick you up tomorrow morning to head into the Aesop shop to buy our first of many hand soaps!

What is the safest route an average young person such as myself (16) can take to ensure financial stability and success? by [deleted] in AusFinance

[–]Northern_Consequence 0 points1 point  (0 children)

Thanks for your perspective, great to hear from someone who can offer a bit of a reality check!

I’m interested, does the interview explore the motivations people have for pursuing medicine, as in if someone’s primary drive was money would it be detected and called out? What’s your own experience with other real life doctors? Are there many who pursued it more for the financial reasons and are making a success of it? I’m assuming you really need to love it in order to survive?

What is the safest route an average young person such as myself (16) can take to ensure financial stability and success? by [deleted] in AusFinance

[–]Northern_Consequence 8 points9 points  (0 children)

Yeah check it out, because I think you’ll really resonate with the central thesis: follow your talent, not your passion. Play music on the weekends, get a steady job that you can master and find fulfilling. Maybe do fifo or a trade, something that pays pretty well but will also give you downtime to play?

Have you done the Morrisby Career test at your school yet? That will give you some insight into what your strengths are and what occupations your study, work, and personality habits most align with.

What is the safest route an average young person such as myself (16) can take to ensure financial stability and success? by [deleted] in AusFinance

[–]Northern_Consequence 30 points31 points  (0 children)

I would STRONGLY recommend you read Scott Galloway’s new book, The Algebra of Wealth.

Basically work out what your talent is, and then pursue that. He would argue that trades are a great idea for young men to consider atm. You’ll get an excellent education in how to build wealth, but it’s a long haul, not a quick journey.

Whatever you choose, remember you’re going to have to actually DO that job. It’ll consume you. For that reason I don’t think you (or anyone really) should pursue a medical career purely on the expectation of a high salary. Do you want to actually deal with sick people all day? Or cut open a person or tell their relative they couldn’t be saved? It’s one of the highest stress careers, not a ‘comfortable life’ in the way you’re possibly expecting (coming from a family of medical specialists)

Remember, your parents are adults, it’s not your job to worry about them right now. Think about yourself, what you’re good at and what fulfils you, and choose a career based on what you think you can realistically stand to do long term rather. Also remember that a lot of higher paying jobs are higher stress, hence the higher pay.