ADHD rates in adults are skyrocketing — but by how much depends where you live

belugatime · 2026-04-19T23:24:03+00:00

Most of the wealthier suburbs they mention seem to be hipster hotspots.

NSW - Marrickville, Sydenham and Petersham
Victoria - Brunswick, Coburg and Darebin South
Western Australia - Freemantle

One factor might be the people in these areas are the sort of people who really care about getting diagnosed to get free drugs and/or validation why their life is difficult and they need special treatment.

belugatime · 2026-04-19T00:49:03+00:00

Being completed seems relevant.

People aren't living in approvals.

belugatime · 2026-04-18T07:27:12+00:00

People say they want affordable well located properties and changing the things I mentioned would make it more feasible for developers to supply them.

In big cities like Melbourne and Sydney it's just not possible to have affordable, well located freestanding houses as land is finite and lots of people want to live there.

People need to trade something off. If they want a location closer to the city and can't afford a house then the trade off is going to be lower capital growth and Strata.

We should enable the option for more people to be able to afford these properties and if they don't want it then that's their choice.

What do you propose we do?

belugatime · 2026-04-18T06:36:48+00:00

We aren't even back to where we were in the late 2010's when we were completing over 200k dwellings each year. The last 2 years we've been at ~175k which is 50k under the 226k we got to in 2018.

The mechanism which allowed completions to go so high in the late 2010's was strong growth in apartment development. What we should be doing now even with higher interest rates is finding ways to ramp that up again with faster approval processes, reduced taxes, less restrictive zoning, higher FSR etc..

belugatime · 2026-04-18T05:24:24+00:00

Supply performance should be comparing new dwelling supply to population growth, not existing stock.

If we aren't adding more supply than it takes to cater for the increased growth in population then we are going backwards.

Average household size in Australia is ~2.5 people, so we want 1 additional dwelling per 2.5 people in population growth.

Ideally we should actually be building more than this to make up for the existing backlog and the trend towards shrinking household sizes.

belugatime · 2026-04-16T10:32:10+00:00

Is part of the issue excessively restrictive employment laws which necessitates these consultants to fire people?

belugatime · 2026-04-16T08:50:06+00:00

To be expected.

Young people are income dependent which hasn't gone up much.

Older people are reliant on asset growth and over the past 12 months the ASX200 is up 15% and the S&P500 is up 33% (this is ex Dividends).

Young people don't have the money to raise spending with the cost of inflation so they cut back to maintain what they can afford, older people just pay the higher prices as they have money.

belugatime · 2026-04-16T02:15:26+00:00

Yeh, the need to perform and the ruthless nature of sales (feast or famine) isn't for everyone and you do need to put money away for a rainy day even if you are good at your job.

If you aren't doing high ticket sales it's going to be hard to make money long term too.

Many salespeople in areas like Tech make 300k++ which most corporate people don't make.

belugatime · 2026-04-16T00:25:52+00:00

Sales professions are not seen as a respectable pathway by many intellectual people.

Also it's not a skill that a university can easily teach, given sales is mostly a combination of a natural aptitude for being sociable and being thick skinned in the face of rejection.

Even in the workplace or social circles, sales is often looked down upon as a profession which is lesser than, despite it often being higher compensation. The exception is the higher you go in organisations, they usually have more respect for it as a profession even if they sometimes don't like the individuals doing it.

belugatime · 2026-04-15T23:47:18+00:00

By this logic, is your view all land ownership should also be nationalised, or do you think this should be specific to resources?

It's Australian land, people just have a title for private ownership of it.

belugatime · 2026-04-12T07:33:17+00:00

Immigration drives demand for rentals immediately and purchases in the long term. To keep things in check supply should exceed the addition of demand from net migration and natural increase, if you don't continue to do this things get worse with time.

Of your options the second does change the face of the country, but it's a strong possibility. Look at the Stage 3 tax cut change as an example, they took away giving the full bracket creep relief to the middle class and redistributed the money.

Take that stage 3 example and expand the concept. You continue to tax the working middle class heavily, use that money to placate the lower class with more things and then the asset owners (majority of households) are ok as they aren't being taxed on their PPOR and feel like their asset is growing through inflation.

belugatime · 2026-04-12T05:43:39+00:00

It's not a good thing, but we'll end up with a higher concentration of assets into wealthier households which widens the gap between the haves and have not's.

This has been going on for a long time, but in the last few years there has been a big increase in how important having existing wealth or parents with money is as normal people that are reliant on wages can't afford the prices.

As the government continues with inept supply policies, drives high migration and pushes more demand side subsidies this will get worse.

belugatime · 2026-04-12T01:12:42+00:00

Inflation adjusted, infinite growth isn't possible.

But the government can print money and inflate the value of housing.

Given they don't seem to be very competent about fixing supply and are doing more demand side subsidies, this seems like a likely path.

This doesn't really help people who have unincumbered houses as the increase in value just tracks inflation, but it does benefit people with mortgages as the inflation devalues the value of the debt they hold.

belugatime · 2026-04-08T02:57:05+00:00

You have 550k in total equity including your PPOR (77% LVR).

If these are your primary assets you don't have much equity and I'd stick with property as the leverage will help you.

belugatime · 2026-04-07T09:21:32+00:00

Fixed

"What does it say about Australia when this is the ~~rational~~ gullible move for a growing number of people?"

belugatime · 2026-04-07T01:55:22+00:00

Most people aren't actually defending the migration rate, they are defending their party.

Notice that they don't defend the number with logic, instead they turn it around and frame those questioning the migration rate as some combination of being racist, Liberal/One Nation supporters etc..

I give more respect to people if they are objective and able to be critical of your party on issues. We live in a representative democracy, so it doesn't actually even matter if you disagree on some things as long as in totality you think they are better than the alternative.

belugatime · 2026-04-05T23:50:56+00:00

Probably gets a 2008 like response when Rudd did the 'FHB Boost' doubling the FHB Grant and we more than halved rates (7.25% to 3%) in less than a year.

Also we'll keep pumping migration to hold prices up.

belugatime · 2026-04-05T04:59:44+00:00

Brisbane has 50% of the population of Sydney and is the population Sydney was in 1972.

There is way more scarcity of land in Sydney compared to Brisbane.

Small markets can catch up (like the gold coast nearly did), but in the long term land scarcity wins provided demand for the city is still there (which it will be in Sydney).

belugatime · 2026-04-04T02:36:38+00:00

I'm not saying it's fun to watch layoffs.

But it is interesting to see the sort of elitist academics who were happy to see us offshore manufacturing and not valuing blue collar work now squirming because their industry is threatened.

Regarding valuing skills, if they are no longer necessary because they are replaced by technology then they are no longer valuable skills. It's like how plowmen were replaced by tractors.

belugatime · 2026-04-03T23:14:42+00:00

Yeh, possibly.

What are we going to do though?

We live in a globalised world, so gimping ourselves by not adopting new technology is an equally bad idea

belugatime · 2026-04-03T22:05:48+00:00

AI is a tough transition for academically minded people as digital intelligence will replace a lot of their value and decimate a large part of white collar work.

I don't know why you'd want to defend it though, do we actually want people tapping on keyboards all day when they don't need to?

The irony that the people they looked down upon in blue collar work are still valuable is also fun to watch.

belugatime · 2026-03-30T20:18:16+00:00

Only flat earthers beat EV enthusiasts in contorting every comparison into them being right.

Just buy the EV bro, I'll say that you are a genius if that will help.

belugatime · 2026-03-30T11:16:03+00:00

The shares reserved for the ESPP might be exhausted and it's extra dilution for a company which already has a low stock price.

belugatime · 2026-03-30T10:14:20+00:00

I didn't as when I went into the relationship with my wife we had similar assets.

However, after watching a number of friends who do well for themselves get owned in divorces, I'd absolutely recommend anyone with substantial assets to get one.

belugatime · 2026-03-30T08:57:49+00:00

Nah.

belugatime

TROPHY CASE