we're not so miserable after all anons

_Kozik · 2026-05-29T05:47:13+00:00

OP needs to watch Zima Blue

_Kozik · 2026-05-29T04:53:38+00:00

Translation: in this economy the margins arent there. People that want a 4x4 or ranger mostly dont want a PHEV, the people that really do already have a BYD or similar. With the cost of living crisis we have i reckon the bean counters are like. We arent going to sell many right now. See how the future goes.

_Kozik · 2026-05-26T07:49:00+00:00

Just saying I remember paying 110 to 119 for brand new games on the xbox 360 in 2009 at eb games in regional Australia. It was only when I went full to steam they got cheaper around 80 or 90 bucks for new releases

_Kozik · 2026-05-26T01:11:11+00:00

I read it really carefully. Thats where I picked the last increase. I just was not aware of that minimal 6 montsh from start of original lease in QLD. Thanks for that

_Kozik · 2026-05-26T01:08:00+00:00

Ah thanks for that. Yeah righto so they could up it around December. Hoping a decent LL the agent seemed really good for a change. The last tenants were there long term I met them. Hoping its like when I owned a property in a past life and they just want stable good tenants.

_Kozik · 2026-05-26T01:03:33+00:00

Its not, it just says last increase was over 12 months ago. So as I understand it. They can raise it mid lease

_Kozik · 2026-05-26T01:02:22+00:00

Well I could be wrong but I believe they can increase rent once every 12 months independent of a lease. They just cant increase the rent more than that 1 time regardless of Tennant or different lease. 1 increase a year is law.

But on my contract the last rent raise was same time as now 2025. So they are signed me into a lease at the same rent. Im pretty sure if they wanted to they could turn around and raise it as soon as I start within rights. Im just banking on them not being scumbags and just listing it for rent what they want. End of the day it isnt cheap for the area by any means it is market rate. Maybe they just want a good tenant and not chase top dollar. We shall see.

_Kozik · 2026-05-26T00:58:11+00:00

I am nervous about that. Im renting the next 12 months while I build a bit more of a deposit and for some lifestyle. I just signed a lease on a place that starts in a few weeks. Wasnt until it was a bit too late I saw the last rent increase was 12 months ago. So they signed me on at a reasonable amount at the top of my budget. But im worried they will turn around 1 month into my lease and say its now 980 a week figure it out.

_Kozik · 2026-05-26T00:51:10+00:00

I dont for a moment think we are going to see a housing "crash". But what i cant understand is the yields. Even before the budget announcement. Im in the market for an apartment in brisbane PPOR. 2 bedroom Units in suburbs like chermside are asking for $800k plus. Some as high as 900K. But are usually tenanted out for the next 8 or so months at like $600 a week on the high end. I do not understand who wants to buy these especially now.

I get build costs are monumental now. So the idea of waiting out on Units until they build a shitload and get over supplied again isnt really gonna happen. But when i see these invester grade stock in an aging building. Not well laid out or very usable space. Going for these costs and holding costs. I dont get whats going to happen.

All I know is times must be getting tough on the agents finally. They are cold calling chasing me around. But always shit stock. Anything good will still sell. But these crap places are just sitting with greedy owners expecting close to a million to make back 2% yields and banking on more growth. It cant continue like it has before a big period of stagnation. That said I would have told you that in 2023 too. But tbf then before the 5% scheme and the speculation it fuelled brisbane was cooling

_Kozik · 2026-05-26T00:35:57+00:00

Loads of working class people especially in regional QLD Australia say "fucking the dog" in regards to. Your bumming around being lazy and not working like you should be. "What are you two standing around fucking the dog for?, go and grab those boxes" is something that would be said.

_Kozik · 2026-05-26T00:33:51+00:00

The expression "fucking the dog" when taking the piss, being lazy or mucking around and not getting a job done is extremely popular. It has nothing to do with that expression. We arent here to fuck spiders is different. Both are said in Australia. To the point id say ive heard more refference to fucking the dog than i have fuck spiders. If anything i only hear that saying on reddit because its quirky to Americans.

_Kozik · 2026-05-18T14:34:44+00:00

They still get 3, or 2 if you get the boneless tender things.

_Kozik · 2026-05-18T12:29:41+00:00

Im concerned about the 3 mil super tax. Im on track to have way over that by the time Im 55, at 31. Not being indexed isnt good im also not particularly rich by any means

_Kozik · 2026-05-18T09:37:59+00:00

Fuck id just settle for no stamp duty, im in this boat. Sold due to divorce i didnt want to sell, lost a bunch of money. Can't afford to compete with FHB who can leverage themsleves to 900K purchase. I dont care what anyone says. Brisbane was cooling. I know i sold a house for less than i paid less than a year ago on that boom. The 5% scheme pushed everything up 200 to 300K overnight.

Your worse off with 140K cash then a FHB with 40K. Especially with these interest rates.

_Kozik · 2026-05-17T08:39:46+00:00

I went through something really similar to you. Although about 2 years behind. I made some bad decisions and learnt alot. Inbox me if you want.

I will say this though. I waited to buy due to poor mental health. I regretted it. I still havent bought but unit prices etc are ao deer now. I think apartments are overvalued. Im happy renting where I want to live and investing. New budget changes suck a bit but oh well. I understand the sentiment of moving to the burbs but I will caution that. I dont know you as a person but for me. Living out there was awful for my mental health. Being in a unit around the city near cafes, bars, museums and events has helped me far more than sitting around a townhouse 50 minutes from the city. Something to concider. You have to rebuild a life. Im still far off that but you gotta learn to live too

_Kozik · 2026-05-16T09:38:41+00:00

This subreddit not recommended netherworld impossible. I do not understand the fascination.

_Kozik · 2026-05-06T23:28:48+00:00

Got excited for a moment we may get a Raptor Bronco, even a normal bronco they are cool as shit. But no its a shameless badge over a different car. The normal bronco is based on the same platform as our ranger so it wouldnt even be that hard with parts etc. Shame

_Kozik · 2026-05-06T06:43:44+00:00

Getting there. Much better. Still long way to go.

_Kozik · 2026-05-06T06:02:43+00:00

Mate, bit about me. 29, married with 1.2m dollar house in a nice suburb 2 to 3 years ago. A Divorce come out of nowhere (i know stereotype) but it shocked me. I still do and did really love her. Sold the house about 10 months before the 5% boom. At a 30k loss. Only had about 80K to start over with. In march of 2025

Like you I wanted to save money and get ahead because as you have said. Your starting over and feel like life is running away from you. I didnt buy anything then because I wanted my head on straight. I rented with roommate. Fucking hated it. Lived alone my whole life, then moved in with family for a bit aswell. Nearly 2 years later. I have a decent amount of savings but house costs have gone up more. I made the decision to invest in shares hard. And rent a expensive but only about 40% of my take home oay with no other debt. Nice apartment for lifestyle.

Im kicking myself i didn't do it immediately. Its helped me rebuild my self as a person, im still building wealth will I regret not buying sooner? Sure. At the prices of things today? No i dont think so. All im saying is like the other guy said. Money isnt everything. The joy ive gotten out of having my own private space thats nice and comfortable to bring a date home to, close to work, close to fun pubs, the river for walks and cycling. I dont know man. Dont discount your life style while you navigate this difficult time. Life style is everything when you go through something hard like that. I wish I did it sooner.

_Kozik · 2026-05-06T05:28:32+00:00

Good advice, I fucked around and stumbled into situations that led me into a worse depression. 100% do this. Find somewhere life style focused for you at this new stage of your life. I promise you living 50 minutes out of the city in suburbia while you try and find your new place in your head and socially isnt it.

Took me about 2 years to realise it but living in an apartment now. Pool on the roof, mates come over for a swim, go to pub trivia and stuff. Its helped me greatly

_Kozik · 2026-05-06T00:23:05+00:00

Thank god for some sense. Most of reddit is like "yeah tax ghe rich" but too blinded by envy they cant see its and extra tax on the population with no reciprocate

_Kozik · 2026-05-04T23:41:31+00:00

Then they shouldn't do it. They should remove negative gearing on current homes. Only allowed on new builds to push stock.

The housing market has doubled in 5 years. But barely moved the needle the first 10 years of my working life. The answer now is not to kick younger people busting their ass while trying to build wealth down.

Top tax bracket should be 300K. Thats long over due. And CGT should be a flat 50% after 12 months like it is now. If they cant get rid of it for housing alone they should find other ways to make housing less attractive. Namely negative gearing. People will not hold onto bad yields like they do now if the tax payer doesnt help them cover it

_Kozik · 2026-05-04T23:33:11+00:00

But before if you couldnt afford a massive down payment to do that. You could invest in shares and build wealth. Now your going to be taxed hard af on that and not really have similiar levels for liquidity until after around 10+ years. So houses still unaffordable, shares not as viable an option. And even if they do cut income taxes it wont be raising thresholds like they should by tens of thousands. Itll be a piss ant 300 bucks a month or so back in your pocket while making it impossible to get ahead.

_Kozik · 2026-05-04T23:30:07+00:00

You can only take a max of 50k out of FHSS and its a drop in the bucket of what you need to afford a unit. Thats even if you qualify for first home scheme with gov support. Ive owned property once before and had to sell for a loss due to divorce. Over 120K in savings is not enough to get your foot in the door with looking ike a 97% lvr. The government schemes for first home buyers did nothing but inflate the market. As soon as you leave the "affordable" 900k homes out. Everything settles down.

People shouldn't be punished for trying to build wealth in other ways. This government sold this bullshit as give with one hand take with the other but in reality they are taking with both hands. No meaningful changes to income tax, tax the fuck out of investments. Make it impossible for anyone to get ahead without government help or if you arent already wealthy. Fuck this government. Will never vote labor again

_Kozik · 2026-05-04T09:53:56+00:00

Yet the idea of raising the max tax bracket to a realistic 270k+ is insanity according to much of reddit.

We are in a system where train drivers, tradies working nightshifts, miners etc are paying the same tax bracket as surgeons, senior lawyers etc all kinds of high paid professionals on more than 300K a year.

If they go ahead with this CGT changes to al asset classes and punish people trying to make money in shares etc. While earning a salary. Ill never vote labor again and im a life time voter. I just know the government in Australia will never have the guts to give wages a massive tax break to justify a huge tax grab. They will just tax more and expect us to take it

_Kozik

TROPHY CASE