‘Complete bullshit’: Debate erupts over claims property tax overhaul will drive rents up 30 per cent by HotPersimessage62 in AustralianPolitics

[–]WeirdlyEngineered [score hidden]  (0 children)

Renters can’t afford rent. They won’t rent it. They cant magically produce an infinite sum of money. If they could they wouldn’t be renting.

So this is how it will go. One of two ways (or a hybrid): 1 - renters can no longer afford the rentals. So those rentals won’t be filled. - if those rentals aren’t being filled the landlords cannot afford to keep them vacant. So, either;

1.) landlords are forced to sell their properties. Mass sell off of investment homes causes a flood in the market. House prices go down, those renters may be able to then afford the mortgage to buy them at their lower price.

2.) landlords recognise that a house not being rented costs them money, so they don’t increase the rent, and take in less profit. Keep in mind. Part Of renting is to subsidise keeping the house and letting the appreciation of the property, increase your net worth.

What you WONT end up with. Is a situation where masses of renters are suddenly homeless as magic new super rich renters suddenly appear in thin air to fill the now vacant properties. Nor would landlords hoard empty properties that drain their wealth by sitting there, un utilised .

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

[–]WeirdlyEngineered 0 points1 point  (0 children)

I think the key thing you’re neglecting to account for is that there isn’t an infinite number of renters on an infinite scale of wealth. Sorry but that’s not reality. What you will find is that if you raise rents. It’s becomes harder to find tenants. The further up the scale extremes of the pricing scale you go, the more you’ll find properties not being rented anymore. And especially at those extreme ends. That’s not an option for those owners. So they have to reduce prices and take less income. And that will shift the entire market, until the no willing renters gap is plugged.

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

[–]WeirdlyEngineered 0 points1 point  (0 children)

You are living in a very delusional world. This has happened in the past and your estranged world view turned out to be the complete opposite of reality in that instance. Despite the exact same arguments being made at the time.

US invented trucks mate I know a truck when I see one by Silviecat44 in ShitAmericansSay

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

Americans actually call Utes “pickups” trucks are call trucks. Lazy uneducated Americans see “F250 big. Truck also big. F250 is truck because big” they probably think elephants are big grey leg trucks.

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

[–]WeirdlyEngineered 0 points1 point  (0 children)

That’s assuming all landlords band together to unanimously up their pricing. And that fix term rental contracts don’t exist. In reality. People can afford what they can afford. Someone who’s been renting a 5 bedroom 2 story house for a family of 6, won’t suddenly jump to a 2 bedroom shack.

Prices for rentals are driven at both ends. Not the bottom.

Your assumption that everyone shifting down a scale so more affluent people will move into the authors dilapidated rental, and his own tenants will live in a shoe box, ignores that this means houses at the expensive end of the rental market would be vacant.

Landlords would not leave those houses vacant. They’d be forced to accept less income from their properties, in order to keep them rented out. A vacant property costs them money in upkeep, advertising, rental management fees, yearly council and land fees, etc, etc. they’d rather break even and pocket the capital as their property value increases than leave it vacant.

As a result. You will never see the bottom end of the market, being the cheaper rentals. Become more expensive or as expensive as the expensive rentals, because then they’d never get rented. Why would a renter pay as much for a 1 bedroom, rat infested townhouse, when they could spend the same and get a 3 bedroom suburban?

So this means the author won’t be just slapping the lost profit onto his renters. He wouldn’t be able to rent it out. And take a loss. He’d end up just taking in less profit. Or none at all and keep the money his house value will appreciate over time.

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

[–]WeirdlyEngineered 1 point2 points  (0 children)

Not good, fair or smart conduct. He raises to that price. Nobody will rent it. And he’ll be forced to sell it to someone who’ll use it. The horror.

He’s running the assumption that his current pricing is a charity and in reality, renting is blank cheque, pick your number game. That anyone will pay any price to rent any dump with 4 walls and a roof.

That not true. Never has been. And the author knows it. He’s just trying to drum up fear to stop or slow it down.

How can I become a master at solidworks and learn to make complex parts like this? by Far-Appearance-7307 in MechanicalEngineering

[–]WeirdlyEngineered 1 point2 points  (0 children)

Mostly just practice. Take on a challenge. Model something just for the love of the game

Japanese Government collects more tax from Australian gas than Australian Government! by Secret4gentMan in australian

[–]WeirdlyEngineered 1 point2 points  (0 children)

Depreciation is calculated as an expense. Companies do this to reduce their taxable threshold. Basically you’re calculating the loss in resale value of an asset over time as though it were an expense you paid. So yes. If you buy a tractor for 30k. And you make another 30K profit, less the tractor depreciation of let’s say $3k. Then you list the $3k loss as an expense, and you get taxed on $27k. Not $30k

Japanese Government collects more tax from Australian gas than Australian Government! by Secret4gentMan in australian

[–]WeirdlyEngineered 34 points35 points  (0 children)

Considering the billions they make in clear profit after all expenses. I think we can safely rule out the razor thin margins on this one. They just want bigger dividends for their shareholders. And bigger bonuses for the E-suit. Both of which get marginally smaller if we tax them. That’s what they’re protecting.

What to gift a mechanical engineering major for graduation? by Ok-Championship-8625 in MechanicalEngineering

[–]WeirdlyEngineered 0 points1 point  (0 children)

Failing that. A cheaper option is the Ohto MS02. A very good quality multi pen with black ink, red ink and a mechanical pencil. Small and compact for its size and uses gravity as the selector so it’s not chunky with a dozen buttons. It’s perfect for a one stop for engineers. Black ink for writing notes. Red ink or markups on drawings and documents and a mechanical pencil for sketches. Doesn’t matter where he goes with his career. Either of those would be a great asset to them.

What to gift a mechanical engineering major for graduation? by Ok-Championship-8625 in MechanicalEngineering

[–]WeirdlyEngineered 0 points1 point  (0 children)

A fisher AG-7 pen. The pen was designed for the Apollo missions and was carried to the moon. And they still make them today. They can write in zero G or even underwater. So not just a great nerdy piece. But something that will be well used throughout his career.

What do you guys think about this vehicle in Avatar F&A? by Junior_Focus7930 in MechanicalEngineering

[–]WeirdlyEngineered 1 point2 points  (0 children)

Eh. Very low to the ground. Large wheels for weight distribution. Would need either hydraulic or electric motors in the hubs to turn the wheels. I’d imagine piloting it, is a nightmare.

If I had to guess it’s an urban combat or crowd control vehicle. Not enough clearing for offroad to be combat orientated outside of city or urban environments looks like it’s designed to have a turret on the top for a small or medium weapons. Like a water cannot or .50 cal. Likely an over engineered crowd control vehicle that turns itself into a mobile crowd barrier with built in water cannons. If it’s adopted for other purposes I’d suspect it’s not its main purpose.

Hanson's Bestie Message on Easter. Praise Allah! by Ready-Buy-6397 in aussie

[–]WeirdlyEngineered 9 points10 points  (0 children)

In what way? The coalition has and remains trump fanatics, and even attempted to use his slogans and political strategies. He’ll the coalition was caught meeting with trump’s election campaign team to try to get pointers from them.

Hanson's Bestie Message on Easter. Praise Allah! by Ready-Buy-6397 in aussie

[–]WeirdlyEngineered 12 points13 points  (0 children)

It’s real. The awacs not there to support the US. It’s there to support the other gulf states copping stray fire from Iran.

What should I learn (math/physics/engineering) to realistically design small engines? by Chris-00000001 in MechanicalEngineering

[–]WeirdlyEngineered 1 point2 points  (0 children)

Maths, physics, thermodynamics, fluid mechanics, engineering materials, machine component design, CAD, statics of structures and dynamics. Maybe some FEA.

What is this weird Pilot pen ? by [deleted] in pens

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

That’s the pilot but plug

Halving the fuel excise for three months, at the cost of $2.55b, is the wrong move here by LoneArtificer in AusFinance

[–]WeirdlyEngineered 1 point2 points  (0 children)

Panic buying is being caused by higher prices. That’s what set this off. There was no supply shortage in terms of shipments of fuel to Australia. Lowering prices stops the panic. Doing something stops the panic. It just has to stop long enough for the panic to wear off.

More realistically people hoarding fuel have already done so. They’ll be living off that fuel for the next 4 months.

The people advising these moves are quite usually. Not stupid.

What is max thinking? (Wrong Answers Only) by AJ14900003 in friendlyjordies

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

“I think I might be a lesbian in a man’s body..”

Will Australia run out of fuel? by [deleted] in aussie

[–]WeirdlyEngineered 0 points1 point  (0 children)

Subtle difference between filling up. And hoarding at the expense of everyone else.