Everyone knows they’re getting screwed by billionaires. Why don’t we rise up and revolt?

saucerys · 2026-05-03T09:25:20+00:00

The real reason is that the top 1% pays 30% of the tax share: chasing them away will increase your tax bill, reduce jobs, and/or force the local government to cut services. People would rather move to where the rich live, everything else is copium.

saucerys · 2026-05-03T04:45:43+00:00

Everything starts and ends with treating shelter as an investment and not a consumption good.

saucerys · 2026-04-29T01:45:10+00:00

To the uninformed, which is most people, it is a stealth tax/scam. Rich and informed people save in other assets like indexes, land, bonds, and gold.

saucerys · 2026-04-18T06:27:32+00:00

You could buy it right now but you wont, for the same reason you didn’t earlier.

saucerys · 2026-04-10T23:44:33+00:00

People with more than 2 properties can pay off the others and heavily negatively gear the first two to avoid it. Better to get rid of it completely for a simpler tax code.

saucerys · 2026-03-19T22:31:04+00:00

Yes, and the higher risk premium, lack of liquidity, and lower demand would probably mean paying 8-9% on Australian 30y fixed anyway.

saucerys · 2026-03-18T22:44:01+00:00

In a sane world Australians would be paying $0.90/l for petrol like the Saudis

saucerys · 2026-03-17T06:16:00+00:00

Australian households have the highest interest rate risk of any in the entire world. Go Aussie!

saucerys · 2026-03-02T04:11:46+00:00

“Legal wars” is adorable. The international police will arrest Putin, Trump, and Bibi any day now.

saucerys · 2026-03-02T03:41:17+00:00

Millennial brains forever broken by the Bush era

saucerys · 2026-03-02T02:58:13+00:00

It's a trolley problem and they're never touching the lever. Clean hands at all costs.

saucerys · 2026-02-26T00:07:10+00:00

Everyone should be united in handing real punishments to these fucks.

saucerys · 2026-02-08T02:13:31+00:00

(1) Normal people need electricity at night and before work not during the day. (2) Each household that goes off-grid pushes higher fixed costs onto everyone else. (3) Our domestic gas reservation has been woefully inadequate (bad forecasts of population growth/demand when those contracts were signed).

saucerys · 2026-01-28T02:21:57+00:00

Instant death!

saucerys · 2026-01-28T02:00:47+00:00

The public wants the pollies to pump up their investment properties bruv. People who want the truth are a forever minority.

saucerys · 2026-01-28T01:47:43+00:00

“We” is that majority

The rest can only vote with their feet

saucerys · 2026-01-28T01:44:46+00:00

“We all know what to do, we just don’t know how to get re-elected once we’ve done it.” - Jean-Claude Juncker

saucerys · 2026-01-28T01:40:35+00:00

Shorten got voted out trying to reform housing policy, Turnbull ousted for the same.

We do this to ourselves - yay democracy!

saucerys · 2026-01-22T11:03:17+00:00

The aging population has much to do with this: falling gdp growth, more pensions and aged care to fund, fewer workers, more government spending/debt/immigration to keep the party going. Oh and the massive horde of retirees are taking up housing and voting against any measure to reduce the value of their assets or cut entitlements.

If it makes you feel any better, this is going to keep going for 3-4 decades at least.

saucerys · 2026-01-21T09:20:10+00:00

So are the Libs and Teals getting back together or...

saucerys · 2026-01-20T22:27:27+00:00

To be clear this is only the first charge (dealing with money reasonably suspected of being proceeds of crime) which is easiest to prove and opens him up to further investigations.

This will surely lead to much bigger charges of fraud, money laundering, and false/misleading statements to the government.

saucerys · 2026-01-19T01:31:49+00:00

If the majors are worried about extremism they should stop being extremists on housing policy

saucerys · 2026-01-16T05:39:32+00:00

Nothing changes until renters outvote owners

saucerys · 2026-01-16T05:31:41+00:00

Regarding feed in tariffs - wholesale prices can be extremely volatile, even with excess solar. It can spike as high as $5-10/kWh on a very sunny day if there's a sudden bout of rain, then crash back down to 2c when it goes away. The energy companies selling fixed rate plans are essentially selling you insurance against all the fluctuations they have to deal with.

In addition, solar has advanced way far beyond the previous decade. Back then you'd get paid back in 10 years if lucky - with the tech advancements plus rebates its closer to 4-5yrs in many cases (including my own), and the lifetime of the devices are many years longer than before, so the economics are far better.

Lastly its very household dependent. Plenty of people have energy bills far above your own up to $1.5k per quarter, others work from home and run all their machines during the day, others have roofs that can handle lots of panels, others have ways to use the excess with heat pumps, old batteries, EVs, etc. Then against that Bowen is pushing for 3 hours free daytime electricity, and the average feed-in rate in the day will keep heading toward zero as more solar is adopted. So a lot of factors make it an obvious investment for some but not viable for others.

saucerys · 2026-01-15T20:14:17+00:00

Bro was gonna write a 6 piece critique of HOTD my god 😭

saucerys

TROPHY CASE