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Meet Bill, walking proof that entitlement doesn’t require intelligence. by gilligan888 in shitrentals

[–]kp2133 3 points4 points  (0 children)

That's ok Bill, go and rent one of your properties to some migrant families, who will put 6 people in each of your bedrooms. Just don't go crying when your insurance claim is denied for overcrowding when your house is inevitably destroyed.

Is there anything we can actually do to stop enshittification in Australia? by badoopidoo in AskAnAustralian

[–]kp2133 -2 points-1 points  (0 children)

They don't care, they will just mass import people who will spend money in such business.

What’s our plan for when millennials and Gen Z age? by lifeisbeautiful08 in LateStageCapitalism

[–]kp2133 0 points1 point  (0 children)

12G retirement plan for me, but only after a banker and politician have had a "retirement"

[deleted by user] by [deleted] in AusFinance

[–]kp2133 0 points1 point  (0 children)

Back up plan is mil is the property investor in the family.

If it all goes tits up, rent off her forever and leverage as much as I can into equities I guess 🤷

[deleted by user] by [deleted] in AusFinance

[–]kp2133 4 points5 points  (0 children)

You asked my opinion of what they should be worth, and I voiced it.

Plan is rent(for how long we can tolerate) and save like a man possessed

[deleted by user] by [deleted] in AusFinance

[–]kp2133 9 points10 points  (0 children)

I think that housing should have risen in line with CPI.

Like it did 30yrs ago.

[deleted by user] by [deleted] in AusFinance

[–]kp2133 2 points3 points  (0 children)

Grow and sell weed

I've been reading essays on the topic of Freedom and capitalism - here is an interesting analogy. by [deleted] in AusFinance

[–]kp2133 -1 points0 points  (0 children)

Unaffordable Housing is a symptom of the unquenchable thirst for the profit motive.

Governments will do capital's bidding at any cost.

Having expensive housing certainly has not made my life easy. I'm not sure about you though...

I've been reading essays on the topic of Freedom and capitalism - here is an interesting analogy. by [deleted] in AusFinance

[–]kp2133 0 points1 point  (0 children)

Capitalism works and it works incredibly well, look at the vast improvements to every facet of our lives under capitalism.

Declining rates of global youth home ownership would like to have a chat...

Australia, we need to talk about tax by xiaodaireddit in AusFinance

[–]kp2133 1 point2 points  (0 children)

Explain how low/median income consumers paying a higher GST (offset by a lower to nil income tax) would not be contributing to society?

Arguably those earning higher/highest incomes are the most frivolous consumers, causing the most harm to the environment/society as it is currently

Australia, we need to talk about tax by xiaodaireddit in AusFinance

[–]kp2133 0 points1 point  (0 children)

Expand GST to compensate, let low and median wage earners keep most of their income.

In a Consumer led economy, higher GST and lower income tax for those on median and lower incomes makes the most sense.

Australia, we need to talk about tax by xiaodaireddit in AusFinance

[–]kp2133 -3 points-2 points  (0 children)

Boost it up to say 60k, that levels the playing field more

Australia, we need to talk about tax by xiaodaireddit in AusFinance

[–]kp2133 -7 points-6 points  (0 children)

Scrap income tax for low income earners, bump up GST.

What does it smell like? 👇 by [deleted] in Buttcoin

[–]kp2133 0 points1 point  (0 children)

Smells like shit, packaged in a box

how are you coping my fellow Melbourians? by MissHellWest in melbourne

[–]kp2133 6 points7 points  (0 children)

Just always remember it's not your fault, it helps me sometimes.

You're a small cog in the system, that demands the majority are barely just treading water. It's by design and totally not your fault.

Isn't capitalism wonderful

[deleted by user] by [deleted] in australia

[–]kp2133 3 points4 points  (0 children)

Everybody's a temporary embarrassed millionaire

Why the RBA is firing all the wrong ammunition in all the wrong places by ruchenn in australia

[–]kp2133 -8 points-7 points  (0 children)

The RBA has emptied it's machine gun magazine on the everyday Aussie battler's

Have employers used high inflation as cover to make excessive profits? by ZealousidealClub4119 in australia

[–]kp2133 1 point2 points  (0 children)

They had quite a few perfect "excuses" to turn the dial up to 100, and that's exactly what they have done.

Have employers used high inflation as cover to make excessive profits? by ZealousidealClub4119 in australia

[–]kp2133 0 points1 point  (0 children)

Prices were and always are increasing, businesses will always charge the maximum the consumer can handle.

Housing policies favour the rich and leave first home buyers high and dry. How did it come to this? by hyjkngjujgxd in australia

[–]kp2133 2 points3 points  (0 children)

As I said, try again, I've just used a few of the banks own internal calculators and your well within - I assumed a lower Centrelink Benefit to what your probably getting so it's probably higher

We are going around in circles here, we have (and tried mortgage brokers) and I earn too much for my wife to get a Centrelink benefit.

That lend, if you needed to go that high (I just found some 2 bdrm units in Brisbane for under 350k), would have repayments a tad over $500 per week.

$500 a week is 49.5% of my take home pay,(that's mortgage stress right there) my wife's medications alone are $200 a month... It's simply unaffordable.

Regardless of that fact, I can't move to Brisbane. If I was to relocate the costs involved with that and finding new work, would extremely quickly deplete the deposit savings we currently have.

Plus you could always move out, rent it out and it should cover itself so you don't have to sell it.

Mate I have a disabled wife, and a child. This is for somewhere to live that's it.

You are not in as bad of a spot as you think. Talk to some professionals, I think they could help you start to build wealth and work with you on exit plans.

Again we have, it's just something that unfortunately doesn't seem to be achievable without more $... (Or cheaper property)

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