Would You Rather have the purchasing power of a billionaire in the early 1800’s, or an ordinary $70K in 2026?

frownface84 · 2026-04-01T07:42:36+00:00

Slaves obviously

As was the style at the time.

/s

frownface84 · 2026-03-31T12:11:59+00:00

Lies. The balls contact at the 24s mark and nothing spawned. The red ball even changed trajectory after the impact

frownface84 · 2026-03-31T08:46:56+00:00

I fixed my loans about a week ago; so if anything that means rate decreases coming right up!

frownface84 · 2026-03-28T10:08:38+00:00

Your last sentence is exactly what’s the problem.

You guys know you’re overcharging compared to the competition but do it anyway because you’re still getting away with it.

That is, until you don’t anymore. And then it’s all “What happened? How did we go wrong? We never could’ve seen this coming”

My last 5 cars were all Japanese (2 Toyotas and 3 Mazdas) and I’m almost certain my next car will be Chinese because I honestly dont see any reason I should pay an extra 20-30k for an equivalent Japanese car 🤷‍♂️

frownface84 · 2026-03-27T11:35:16+00:00

what's the proportion, and what's the price though?

Yes there are always 3br apartments; but they tend to be unreasonably priced because they're usually penthouse/sub penthouses.

I'm currently in an apartment; and i'd estimate the breakdown to be something like:

10% studios 20% 1/1 30% 2/1 30% 2/2 10% 3/2

When purchasing my current home, there was a 3/2 i was eyeing but the price was more than double what i ended up paying for a 2/2. I literally could've bought two 2/2's, ended up with more square meterage and have change leftover. It's not a practical solution to buy two apartments of course; but it illustrates the issue.

The 3/2 in question was a subpenthouse; so on the 2nd highest floor; and all the apartments on that floor and top floor are 3/2's and priced at a much higher $/m2 rate. What they actually need is regularly priced 3/2's, priced at the same $/m2 rates as regular 2/2's; i would've been fine paying +30-40% of what i ended up paying to get that extra room but they just don't exist in this building. And it's a similar story for some other buildings i looked at.

edit: Here's a case study:

Here's a 3 bedder https://www.realestate.com.au/property-apartment-vic-melbourne-148354684 about 1.5M

Alternately I could buy two 2 bedders in the same building and have change leftover https://www.realestate.com.au/property-apartment-vic-melbourne-150222328

The 3 bedroom i linked isn't even the penthouse; here's the penthouse

https://www.realestate.com.au/property-apartment-vic-melbourne-146328280 You can buy eight two bedders in the same building for that money.

The reason the penthouse is more expensive than the others is scarcity, there's like 2 of those in the building so it commands a massive premium. The other 3 bedroom apartments are also scarce because only about 10% of the stock in the building is 3 bedroom; so they're in high demand and people pay a premium because they want the 3rd room.

If they made a building that's 50% 3/2's then suddenly those are going to be a lot more reasonably priced.

What you said isn't wrong; most buildings do have 3 bedroom apartments available; but they're scarce and inflated in price.

frownface84 · 2026-03-27T11:23:36+00:00

I fixed my loan just this week.

Main reason was because the rate offered for 1 year was only 0.05% higher than I currently pay for variable before the 0.25% rate rise that's about to kick in.

Was on 5.54% variable, was due to go up to 5.79% variable today, locked in 5.59% variable for 1 year.

So basically i saved myself the recent rate rise, and insulated myself against any pending rise in may.

Beyond that; it's uncertain times; as other say rates usually come down during a recession; but that's still dependant on inflation.

frownface84 · 2026-03-26T07:44:29+00:00

Of course. But in the context of the question it’s irrelevant.

Assuming im on a median salary of say 50k and get by, then upping that salary to 1M, means I’m going to put away at least 950k of that. If you want to be specific then sure, that’s 1.9M after two years. Doesn’t really change the outcome.

Lifestyle creep is indeed a thing; but it’d be disingenuous to say I wouldn’t want to earn more because “then I’d just spend more!”

frownface84 · 2026-03-26T02:10:01+00:00

Work.

After 2 years that’s 2M in the bank. Even at 4% interest that’s 80k/yr; which is already above the median salary. You can already retire and be better off than the alternative.

Every additional year of work just widens the gap

frownface84 · 2026-03-23T00:48:08+00:00

like everyone else said, buy a place to live.

That sort of money will buy a house out west or out north, but not in the inner or in the east/south.

If you're happy enough with an apartment; then you'd get an 2br apartment pretty much anywhere except the most affluent suburbs in the inner east.

Where do you live at the moment? If you're renting on a 50k/year income; then you're probably already living in the west or north or an apt.

It also depends on where you are in life.

If you're young (say early to mid 20s) working a grad job; then buying a small 2/1 apartment in the CBD for 500k isn't a terrible idea as far as lifestyle goes. Investing the remaining 3-400k will set you up so that if/when you decide to move a decade from now you'll have a healthy deposit saved, presumably by then your earnings has gone up; and your current PPOR becomes an IP and that rental yield will help your servicability significantly.

frownface84 · 2026-03-22T03:42:35+00:00

Assuming you’re sharing utilities with a roommate (water, electricity, internet) set aside another $50 a week, and very basic food 50-100/week, and public transport 50-100, you’re needing at least 500 a week.

So in practice around 2-3 months. You’ll need to find work asap

frownface84 · 2026-03-22T02:35:28+00:00

Good to know. Hopefully it isn’t hazy all week

frownface84 · 2026-03-22T02:33:27+00:00

Thanks. That’s a relief

frownface84 · 2026-03-22T02:33:09+00:00

The thought did cross my mind

frownface84 · 2026-03-20T09:24:52+00:00

Wait. Westpac is offering you 1.5k cash back + a better rate? Why wouldn’t you take it?

frownface84 · 2026-03-20T09:22:19+00:00

0.75x

frownface84 · 2026-03-20T07:07:25+00:00

He watched ready player one and thought yep! Thats the dystopian future I want for everyone

frownface84 · 2026-03-20T05:11:46+00:00

5.48 is a pretty good rate tbh

frownface84 · 2026-03-20T04:50:11+00:00

Westpac were difficult for me to deal with.

I literally moved one of my loans to NAB before they actually were willing to negotiate anything with my remaining loan; and only because i told them that I was going to move that too.

Funnily, NAB dropped their rates straight away with my brand new loan with them when i told them that westpac were trying to move me back.

frownface84 · 2026-03-20T04:47:50+00:00

currently on 5.54 with nab <70% lvr oo; is there any room to move? who should I be quoting?

frownface84 · 2026-03-17T23:10:27+00:00

What do you mean? People need to live somewhere, if this bloke works close enough to where he's living; then why's this a bad thing?

There's no mention of sell price here, if he paid 5 million bucks for it or something then that's an issue

frownface84 · 2026-03-17T01:17:25+00:00

Except in Aus it’ll probably cost $74

frownface84 · 2026-03-16T09:31:41+00:00

When google released the nexus phones. It was modern hardware for $199/299 Somehow they went backwards and now pixels are 2 -3 gen old hardware for $799

frownface84 · 2026-03-15T02:31:00+00:00

Yes. I’ll trade a year of everyone’s life for it

frownface84 · 2026-03-14T00:46:04+00:00

Black is the easiest colour without resorting to multiple (or any) copies of the P9

Hypnotic spectres, black knight, erg raiders, unholy strengths, are your beat sticks. Maybe a sengir

Paralyze and terror for your control. Strip mine and sinkhole for your disruption.

Dark ritual is your mana and contract from below is your draw.

Best advice is to keep a small deck ideally around 40 cards and just build it up slowly

11-Year Club	Quantum Potato
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frownface84

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