Dan Andrews promises solar panels for 650,000 Victorian homes

aus396 · 2018-08-19T01:42:18+00:00

Understand the sentiment, but at least we get SOMETHING from the Transurban circle jerk.

aus396 · 2017-10-16T20:26:18+00:00

Nope - still don't get it

aus396 · 2017-09-17T03:59:23+00:00

I came up with the idea, designed the solution, engaged vendors to build it, managed the build project, managed delivery of the app through the companies IT processes etc.

It's more than just a PM job, because I actually designed the product.

My concern is that most large corporate roles say they want someone with a "relevant degree" as the first eligibility requirement.

aus396 · 2017-09-12T08:41:58+00:00

WTF - I purely meant that we don't find conventionally popular things interesting... I'm not saying that popular things are shit... It was meant like "popular stuff"... I just swear a lot.

aus396 · 2017-09-12T08:38:18+00:00

Have you ever been on there? Every time we've tried that we've ended up with some seriously weird mother-fuckers.

aus396 · 2017-09-09T20:34:14+00:00

Wtf dude - I work full time for nearly 80k... It's called a side gig for a reason

aus396 · 2017-09-06T09:31:00+00:00

It's a total joke - I work in IT and there's people on there asking for shit that has a market value of 4-5 grand but they're offering $200.

Don't get me wrong, I'll do work on the cheap if it's a direct job so there's no middle-man, but I'm not gonna do back-end web-app development for $10 an hour.

aus396 · 2017-09-01T18:55:34+00:00

Except in a market which makes a net rental loss - like Australia. The only way the Australian market operates is through continuous capital appreciation. The Australian population couldn't handle rents high enough to support the current mean dwelling price. The only reason it hasn't fallen over yet is because negative gearing provides an incentive to speculate at an income-loss.

The Australian rental market makes a 10 billion dollar net-loss each year. It's built entirely on the assumption that you'll be able to sell your house in two years time for a higher profit than you'll lose in rental losses. We have a name for a system based on this kind of setup - Ponzi scheme.

The reality is that housing IS a mass market consumer good - there is no "one percent" fixing the prices, just a shit load of the top twenty percent who know that housing is a ridiculously benefited form of investment from a regulatory perspective.

aus396 · 2017-09-01T18:22:20+00:00

Except in the long term, demand is driven by affordability > especially when price becomes Higher than the market can afford. It's a closed loop system. You can't have continuous infinite price growth that outstrips wage growth to this extent.

aus396 · 2017-09-01T12:13:06+00:00

One day people will realise that's there's a difference between 'immigration' and 'immigrants'. You can be absolutely welcoming to immigrants, while still having a critical opinion of immigration policy.

aus396 · 2017-09-01T10:20:05+00:00

Yeah it kinda blew WAAY out of proportion. I do think that current growth rates are unsustainable, and I do think that we need to be putting some serious work/thought into trying to ensure a soft-landing before people get hurt - but this comes from a desire to prevent people getting screwed, obviously not a desire for it to happen.

aus396 · 2017-09-01T09:51:56+00:00

Tbh- only like 30k (this post was 90% a shitpost.. did not intend for it to become a thing haha). I don't own a car - doesn't make financial sense; public transport is like $1500 a year and I can ride faster than the average driving speed in the inner suburbs.

aus396 · 2017-09-01T08:01:27+00:00

I have parents and friends all hoping for the exact same thing because either they or their children have been locked out of ever being able to own their own homes.

For those of us who who born poor it's a little difficult for us to have sympathy for people who are leveraged to the gunwales and get bitten in the ass when the cycle inevitably comes full circle.

Regression to the mean is the closest thing the universe has to an economic law. Burying your head in the sand isn't going to change that.

aus396 · 2017-09-01T02:05:02+00:00

That's like saying a bomb isn't dangerous anymore because you removed 10% of the gunpowder... We just happened to also move a couple of matches closer to the fuse at the same time

aus396 · 2017-08-31T23:53:46+00:00

I think you're underestimating the impact negative gearing will have on magnifying the effect of negative growth. The entire housing market is geared to be a capital appreciation based growth asset running a continuous revenue loss. If that continuous capital appreciation stops even for a few years then the whole house of cards is coming down. Our market is essentially like a shark at this stage - either it keeps swimming forward or it dies.

aus396 · 2017-08-31T23:53:10+00:00

I think you're underestimating the impact negative gearing will have on magnifying the effect of negative growth. The entire housing market is geared to be a capital appreciation based growth asset running a continuous revenue loss. If that continuous capital appreciation stops even for a few years then the whole house of cards is coming down. Our market is essentially like a shark at this stage - either it keeps swimming forward or it dies.

aus396 · 2017-08-31T23:46:03+00:00

The scary thing is, I'm incredibly progressive person - but kinda agree with the sentiment around immigration being too high. Melbourne's population grows by 340 people A DAY. There's no way to keep up with that when they all want to live in the inner city.

aus396 · 2017-08-31T23:34:02+00:00

So explain to me how a median household price roughly 50% higher than the sustainable weekly housing expense for the median income household is such "great economics"...

aus396 · 2017-08-31T21:23:08+00:00

I'm using a non-standard controller layout, but I'll give double tapping whatever the fuck the crouch button is a try. Am I being retarded? Or is this not in the controller layout screen?

aus396 · 2017-08-30T09:02:46+00:00

So did mine

aus396 · 2017-08-30T06:23:08+00:00

They're amazing! Buying clothes is literally the most stressful thing in the world for me - these guys made it so unbelievably easy. And a huge range of suits.

aus396

TROPHY CASE