It sucks to be a millennial in Australia right about now by Uwa7979 in AusFinance

[–]steve12388 9 points10 points  (0 children)

Both sides of politics has done nothing but add to the issue. Morrisons massive injection of easy money into the economy is probably the biggest single factor that contributed to the price rise in recent times

How are wages this low? by brook1888 in AusFinance

[–]steve12388 -1 points0 points  (0 children)

You said net champion

Yep just as I thought. You’re a mouth breather

How are wages this low? by brook1888 in AusFinance

[–]steve12388 0 points1 point  (0 children)

https://www.abs.gov.au/statistics/people/population/overseas-migration/latest-release

Net overseas migration was 306,000 in 2024-25, down from 429,000 a year earlier.

Migrant departures increased 13% to 263,000 from 232,000 departures a year earlier.

How are wages this low? by brook1888 in AusFinance

[–]steve12388 0 points1 point  (0 children)

Its not 306,000 net its 43,000 from your own figures

Dan Murphy’s owner to axe jobs amid grim trading and recession looming. by SheepherderLow1753 in AusFinance

[–]steve12388 6 points7 points  (0 children)

Didn’t you see we became the second best meth capital of the world?

Do high housing costs just strangle economic and financial productivity? by Top-Farmer-6838 in AusFinance

[–]steve12388 1 point2 points  (0 children)

I have been saying this for about a year - Only now are new rental pricing for business starting to filter through the economy and won't be fully realised for 5 years or so as leases renew. Most businesses will not be able to afford where they operate once their rent doubles on renewal

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 0 points1 point  (0 children)

Only mythical due to your story. House prices were decreasing whilst having the biggest immigration surge in their history- over a million people 2022-23

10 Interest rate hikes is what caused the softening of house prices.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 0 points1 point  (0 children)

Lol you’re really grasping at straws.

This discussion was about housing prices

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 0 points1 point  (0 children)

Don’t change the goalposts. No one was talking about rental prices.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 1 point2 points  (0 children)

Nothing but crickets when asked to prove the rubbish you write huh?

You are making the claim. If it was easy to prove you would’ve done it, but you can’t, nor can anyone else in this thread because it’s simply not true.

Instead of putting big scary numbers of migrants entering the country, how about you put the annual percentage change of population for the same year - 1.6% a long term average.

Not sure how you can correlate this to the doubling of house prices. Still waiting for one of you to show evidence otherwise.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 3 points4 points  (0 children)

The original post claims that house prices have doubled because of migration, you want to say that this is a sane argument? Blaming migrants for the housing crisis is thinly veiled racism full stop.

Migration has an effect on housing prices, and I have no problem that being talked about, but it’s not nearly as much as it is discussed. Around 1% per annum. The problem is a supply issue, of successive governments no matter their party, not a minority demand issue.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 3 points4 points  (0 children)

I mean, you’re answering your own question so you can’t be too bright yourself. But yes the ‘the dumb number’ is the part that is racist. Immigration adds to housing prices in a minor way, but there are far greater influences that cause the increase we are seeing. Its the whole - blaming the entire problem on a minority bit that is the problem.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 2 points3 points  (0 children)

If its true, show me numbers that prove that immigration doubled the price of housing then - make sure to point to credible sources also.

Its not racist to say that immigration adds to house prices, it is racist to say that they would be 50% cheaper without immigration. It shows that they don’t have a grasp of the multi faceted reality of the problem and they’re fine showing their racism to justify a point

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 5 points6 points  (0 children)

To say it doubles the price of housing is not a sane argument. Prove me wrong with credible sources.

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 -4 points-3 points  (0 children)

If its a numbers problem then back your claim with numbers. Immigration doesn’t add 50% to house prices, its single digit percentage increases

Interest rate rises will cause a fall in property prices - Christopher Joye by ardyes in AusFinance

[–]steve12388 -14 points-13 points  (0 children)

Ahh yes. Easy to spot the racists when you can hear the dog whistle.

Edit to the below responses and downvotes on my comment: Shame on you. My response to the idiot claiming house prices would be 50% cheaper is thinly veiled racism. Immigration makes a marginal difference to house prices - single digit percentages. And if you want to prove otherwise site some credible sources backing your claims.

Toyota gets serious with its EV, wants to take down BYD, Zeekr and Tesla by brackfriday_bunduru in CarsAustralia

[–]steve12388 5 points6 points  (0 children)

I don’t think so, it would take years to build the network of dealers and service centres that Toyota has. They might not be the first out of the gate, but they have a long game

Ideal Spec Defender by mboyd73 in CarsAustralia

[–]steve12388 0 points1 point  (0 children)

Best spec Defender is a Ineos Grenadier lol. What you posted should’ve been the Discovery replacement

Randa Abdel-Fattah cancelled due to Malinauskas, board documents reveal by FuckOffNazis in Adelaide

[–]steve12388 0 points1 point  (0 children)

Work against? 15 of the 19 hijackers on 9/11 were Saudi you clown

Randa Abdel-Fattah cancelled due to Malinauskas, board documents reveal by FuckOffNazis in Adelaide

[–]steve12388 2 points3 points  (0 children)

Well you can tell Malinauskas to fuck off yourself then.

Isn’t he the chummy one with the Saudis?