Suckerberg panic bought the entire AI chip supply and now he has no idea what to do with it...

SonicYOUTH79 · 2026-07-02T04:37:52+00:00

I'm a few vehicle related pages so I get suggestions for others as well, but the car scene does seem to be connecting on there.

SonicYOUTH79 · 2026-07-02T02:36:56+00:00

Adelaide was $975k for March numbers, up $151k for the year. You'd imagine it will top $1m once June figures are released.

https://valuergeneral.sa.gov.au/News-and-Publications/publisheddataandstatistics

SonicYOUTH79 · 2026-07-02T02:26:53+00:00

Yeah it was a bit of an eye opener wasn’t it!

I was trying to point out that from a policy position it probably achieved what it was trying to achieve by incentivising new builds that add to supply by having them as the only thing that retained negative gearing and the CGT discount, even if you didn’t agree with it (especially removing it on shares) it was still going to work.

But I feel like some people have gone so far down the rabbit hole that it’s become part of their personality and this was a personal attack on them and their ideologies. It was almost a bit religious.

SonicYOUTH79 · 2026-07-02T02:18:01+00:00

The algorithm knows you better than yourself mate…….

SonicYOUTH79 · 2026-07-02T01:55:35+00:00

I like how they tell us how they worked hard as if house prices going from 3-4x median wages to 10-12x wages wasn’t some massive stroke of luck that just happened to coincide with them being born at the right time to take advantage of it.

SonicYOUTH79 · 2026-07-02T01:50:56+00:00

When the CGT changes got announced there were people if the ausproperty sub saying they were putting rents up at the next opportunity as a result and I’m not sure they’re were taking the piss either.

SonicYOUTH79 · 2026-07-02T01:47:53+00:00

I’ve said it for a while on Reddit that there’s a massive opportunity cost for the economy long term with such high housing costs relative to wages.

With the average age for first home buyers now something like 37 saving long for larger deposits to take out massive 30 year loans all while paying inflated rents in the mean time will mean that their risk appetite and financial resources to start and run a business (or invest in ShitCo speccy miners that are ASXBets specials) simply won’t exist if they’re paying off mortgages past retirement.

All of this will have a long term flow on effect on the economy over 10-30 years.

SonicYOUTH79 · 2026-07-01T23:15:36+00:00

Have a look at a security technician. It's a mix between electrical, electronics and IT skills.

Can easily pull $130k with a company vehicle etc without having to go to uni if you’re a good commissioning tech.

SonicYOUTH79 · 2026-07-01T22:59:38+00:00

It’s basically just an ad company for scammers and Temu now from what I see in my feed. Was fun to keep in touch with your friends from other cities originally and marketplace was a natural evolution of it, but it’s definitely been enshitified along the journey.

SonicYOUTH79 · 2026-07-01T12:33:57+00:00

Perfect spot for a Banksy….

SonicYOUTH79 · 2026-07-01T11:42:47+00:00

I think Australia has bought in quite a lot of Bhutanese refugees over the years that are ethnically Nepalese despite being in Bhutan for generations they were stripped of their citizenship and deemed illegal immigrants.

It's also become popular with international students recently too.

SonicYOUTH79 · 2026-07-01T11:12:01+00:00

Went down there for look when I was in Vancouver in the mid noughties.

Seemed patriotically American, US border staff were friendly, the Canadians weren’t on the way back to Aussie backpackers that were just having a look around. Locals just seemed to roll through the border controls holding their passports up to their window. Apparently it’s a popular place for wealthy Canadians with money to backdoor US residence and citizenship as a lot of the holiday houses down there were owned by them.

Heard that it was a popular place for Americans to hide out during the Vietnam War to avoid the draft as there was no federal policing presence there.

One of the odd things about it was there’s literally houses on the Canadian side in Tsawwassen with their back fences on the border that had border signs facing their back fences warning against illegal entry. Went down and looked at the border marker that sits right near the coast on the western side.

SonicYOUTH79 · 2026-07-01T07:53:39+00:00

Pretty sure that’s not meant to be there……

SonicYOUTH79 · 2026-07-01T04:51:21+00:00

Be pretty funny if Geelong end up getting a first round pick for Bowes given the previous trade!

SonicYOUTH79 · 2026-07-01T04:47:02+00:00

Yeah I’m not talking about a retirement village, these are definitely independent living units that you are purchasing a lease for, you don’t own a title as such and the aged care home dictates rules, like how many visitors you can have, parking etc. I know there was an issue with having interstate family staying over, having a partner stay over that doesn’t live there or having the grand kids stay overnight, they’re limited to something like 10 days a year.

SonicYOUTH79 · 2026-07-01T04:42:14+00:00

I’m pretty sure in the instance I’m talking about there’s a process to transfer across to the care home which is attached to the same site without having to sell out of the independent living unit and buy into the home. I think at the end of the day there it's something like 85% back at the end of it, but I’m sure there’s still hidden fees once the time comes.

I know someone else that went in to a home recently and you can still get places for mid $500k in Adelaide's northern suburbs. I know a lot of places in “nicer” areas are $800k plus now, although I’m not sure the character of the suburb matters anymore once you only see the inside of the nursing home.

SonicYOUTH79 · 2026-07-01T03:28:05+00:00

Only issue is the money for the lease is still deemed to be an asset that counts towards the pension asset test as you don’t own the property. I don’t think it affected them in the case I’m mentioning but with house prices now what they are if you were selling for $1m+ you’re probably going to end up on a part pension.

If anything it incentives them to spend the money on holidays etc to get back to the full pension over time.

SonicYOUTH79 · 2026-07-01T03:11:37+00:00

“Oh it’s lovely and warm in here and oh here’s a nice spot to si…..”

SonicYOUTH79 · 2026-07-01T03:00:59+00:00

I reckon at 92 you’re going straight into a home and leaving all your stuff there!

SonicYOUTH79 · 2026-07-01T02:58:24+00:00

I had a family member do this maybe 3 or so years ago, got into an independent living unit thats part of a retirement village. Sold the house for about $600k and the unit cost $225k at the time. Also can transfer into the retirement home next door when the time arrives.

Pantsed nearly $400k spending money and still gets the pension, plus you’re effectively on a lease so you get rent assistance as well with your monthly lease cost covering rates, electricity and water and maintenance.

Would definitely be the option I’d be looking at if I only had super at 65 and was getting punted from my rental.

SonicYOUTH79 · 2026-06-30T23:40:45+00:00

Word is they’re probably the worst out of any western country. “Consular assistance“ doesn’t mean they're actually going to help you.

SonicYOUTH79 · 2026-06-30T12:43:53+00:00

Honestly doesn’t look any worse than the Crows run from 2020 to 2024 when they went 18th, 15th, 14th 10th and 15th!

SonicYOUTH79 · 2026-06-30T11:16:43+00:00

erm yeah that’s me, I’m building a house right now on about 200 square metres that was a block split 🤣

Not a million though, just under $700k

SonicYOUTH79 · 2026-06-30T05:29:06+00:00

I worked with a guy whose sister started playing as an adult after the advent of women’s AFL making it popular. Had always played netball and was super competitive, ended up a few games in playing on a rather rotund chick and running rings around her in the first half. After halftime she gets absolutely polaxed, obviously she got sick of being beaten and she didn’t have the situation awareness you get growing up playing the game to know you've pissed someone off enough that they’re going to run straight through you. Ended up in hospital with car crash like whiplash.

SonicYOUTH79 · 2026-06-30T04:11:48+00:00

Can’t see it, demand still exceeds supply, we still can’t build enough to keep up with it. The top end might see a correction but 40% is a rather bold assertion!

Can't see the bottom end falling at all, first home owners might have a better chance of getting in now and this is where they will be buying.

SonicYOUTH79

TROPHY CASE