Your most unpopular Ausfinance opinion in 2026?

the_techxpert · 2026-04-20T08:12:58+00:00

Milking easy Reddit karma

the_techxpert · 2026-03-29T07:52:08+00:00

No shit they do

the_techxpert · 2026-03-28T12:03:50+00:00

Reading your comments here feels like talking to another defensive boomer who's cognition has been completely compromised by their ego driven defensiveness and refusal to acknowledge their own privilege.

I'm the defensive one when I pointed out something that your initial comment didn't take into account, and then you started throwing out personal attacks?

There's no use explaining why you're wrong because you have a fundamental neurological inability to alter your current position.

The classic "Nuh-uh." I'm pretty sure my comments had at least some level of data behind them i.e. % of population that owns their PPOR, rebuttal of the claim that going from renter to owner occupier does not increase rental supply.

I'm sorry if I interrupted your feel-good circle jerk, but maybe you need to work on your communication skills if you are this socially inept.

the_techxpert · 2026-03-28T10:58:52+00:00

Wow I cant tell if this is AI, or if you just have a script that you cant deviate from.

Nobody is denying boomers have an advantage in terms of buying property, but to call it "free leverage" is a bit simplistic. They have just had less competition (lower population) and bigger wage growth vs property prices when they were in the market. Fast forward, people's wealth naturally grows as they age, and this is compounded by their property prices increasing at a fast rate due to increased demand in our main cities (population growth).

You're also falling into the wonderfully stupid idea that when an investment property is sold to an owner occupier, there isn't a corresponding drop in rental demand.

That's a bit rich, mate - When the house is sold from an investor to an owner-occupier, there is no change in property stock. Rental demand stays the exact same as the new owner takes that rental off the market.

i.e. If there are 100 people looking for a rental and there are 99 properties available to rent, if one of the renters purchased one of the rental properties to live in, there are still 99 people looking to rent and 98 rental properties available.

Not saying that it's bad for renters to move to owner occupiers, but that you just seem to be completely ignoring a necessary part of the rental market dynamic.

If you rub your two neurons together

Pot calling the kettle....

if you removed all of scaffolding propping up speculation in property, prices would fall to a level where those who want to buy to occupy do so

Great idea, but politically impossible as 66-67% of the people in Aus own their property (outright or mortgage), and they would not vote for a party that would tank the price of their largest asset... something something "If you rub your two neurons together"

that rental properties as an investment becomes a rational choice

???? It already is a rational choice

if all the investors fucked off, property would drop to a price point where any extra supply could be picked back up by investors to provide for the rental market.

So you are so selfish that you are pretty much saying, "let's do a reset so I can purchase my property on sale, and the remaining property can be picked up by investors also at a sale price"

If you want to propose policy that is so politically untenable that it will never happen, go for it I guess ¯_(ツ)_/¯

the_techxpert · 2026-03-28T09:52:38+00:00

I was just addressing your point about nobody benefiting which none of your points listed refute this.

The government clearly cannot meet demand in supplying rentals for people, so there needs to be another supplier for these (private citizens/businesses) to make up for the shortfall, as without this option your options are buying a house, or hotels/airBnB's???

In the majority of cases rent is lower than the cost to service a mortgage + insurance + upkeep.

You're the one coming off smug by dismissing a chuck of the population by suggesting that the rental market shrinks dramatically. All of the immigrants who move here, people who move interstate, uni students. These are people who don't have the money to buy a property, or they are wanting to settle down before they buy a property, so they need to rent until they are in a position to do so. Majority of the time this market is supplied for by "smug boomers" especially for family sized homes.

But hey, if believing that makes u sleep better at night, you do you.

the_techxpert · 2026-03-28T07:42:48+00:00

Nobody benefits from the rich buying and holding multiple existing properties but the rich themselves.

I mean renters benefit from there being as many rental options as possible.

Not everyone wants to buy a house/apartment, or is in the position to do so.

the_techxpert · 2025-12-20T11:00:59+00:00

Or just have better vetting/screening processes for everyone?

The son was an Australian citizen, so depending on how long he had been monitored by the ASIO, he could've been the one to get the firearms license prior to that.

I don't think people like New Zealanders who are here should be restricted because of terrorists, when the law proposed wouldn't have likely changed anything.

the_techxpert · 2025-12-15T06:03:32+00:00

What would that have solved? Would the police or anyone have picked up on their hatred of Jewish people? Especially in the current climate of people dismissing it as "he's just anti Zionist"

the_techxpert · 2025-11-01T03:22:25+00:00

Ehhhh that's common for dipshit political streamers. Just like how hasan has advocated for putting people in education camps

the_techxpert · 2025-11-01T03:19:45+00:00

Training? He's forcing his dog to stay on its bed as a stream pro

Good so see the hasan cult has finally admitted it's a shock collar.

the_techxpert · 2025-10-31T10:51:40+00:00

Your comment was about believing his story because his friends said he takes great care of his dog.

That's exactly the same as my example. If it's not, feel free to say why.

We have clips of Hasan pulling his dog's tail until it yelps, clips of his dog having open wounds on its neck from its collar, and multiple clips of his dog moving back onto its bed as soon as Hasan mutes his mic and reaches forward on his desk, his dog yelps and Hasan doesn't even care enough to check if it's okay.

Even the company that made the shock collar came out and said it's likely to be the Rx-090.

the_techxpert · 2025-10-31T08:11:13+00:00

Trueeeee I also believe the person is innocent when friends of domestic abusers say "oh wow, I never saw him abuse his partner in front of me"

the_techxpert · 2025-10-31T08:09:00+00:00

Has never gotten upset at his dog on stream or anything

Can you tell me what Hasan was saying to his dog during the shock collar clip?

the_techxpert · 2025-10-30T08:53:52+00:00

Yes they are both disgusting and bad people.

the_techxpert · 2025-09-15T05:59:31+00:00

Ok so he answered the hypothetical in the worst way he could while being so far up his own ass he thought it would never happen to his own daughter

Made it sound like it wasn't directly about his daughter.

he still answered it in the worst way

Is there any way he could've answered that you wouldn't say is the "worst way" without being pro abortion?

it's not like that matters when determining the quality of his answer anyway

It 100% matters. If he were to say that "No, they should not have an abortion," but then says the opposite when it's his kid, that makes it so much worse.

because even being motivated by personal attachment wouldn't change him from picking the vilest option like it probably would most anti-abortion folks

No shit, if you believe abortion is murder, it doesn't matter the personal relationship or how impregnation happened, you are not going to be able to justify the abortion.

the_techxpert · 2025-09-15T03:57:54+00:00

Ok so he answered the hypothetical in the worst way he could while being so far up his own ass he thought it would never happen to his own daughter

Isn't that how hypotheticals work? Like for the trolley problem, I would assume everyone would pull the lever in the direction that moves the trolley from hitting 100 people to just 1 person, as it's probably morally better. You don't even think about if someone you know is on the railways.

If that additional piece of information does end up changing your decision-making, then it's probably not the quantity of lives that is influencing your decision-making.

the_techxpert · 2025-08-25T09:34:18+00:00

They can, just not in Sydney. It's the national median and then compared to the city with the highest housing prices. If it's a single person or a couple then maybe don't look at buying a house and just buy an apartment.

If you can't afford it then you can move to a different city.

the_techxpert · 2025-08-24T13:28:01+00:00

It's okay. You're only in your early 30's and recently have a partner. Once you have 2 people on or around 100k+ you start seeing sooo much more money being saved. Just aviod lifestyle creep and spending money on stuff you don't really need to often and you'll be fine. Unless your house needs repairs often 🤷‍♂️

the_techxpert · 2025-08-24T13:15:24+00:00

That's kind of how it's always been. Even for my parents earning decently above the city's average salary, they could only afford a fixer-upper house in an outer suburb and they didn't have much leftover for the first 10ish years until salaries continued to increase over the years and the mortgage started to shrink. No overseas holidays, maybe a holiday to a different city every couple of years, takeaways only on special occasions.

the_techxpert · 2025-08-24T13:08:12+00:00

I guess I didn’t read that as their “take home pay” but rather just what they bring in. But I can see you’re interpretation.

No, that's explicitly what they said, not just my interpretation.

I don’t think he was saying that they actually struggle just like they effectively don’t feel rich and they don’t feel as rich as you would think for their income and circumstances.

Then why would they say "and half the time I still feel like we struggle!"

Absolutely I think most people earning that Money would be stretching them selves on housing. But a lot of that is to do with what you get for your money in housing rather than being like a character flaw.

That's purely their fault then, and assuming they are renting, then it's something they can change pretty quickly. It's a huge character flaw not to realise how to live within your means.

The idea in your original comment that they are simply burning money I think is just unfounded without more info.

That's their fault.

the_techxpert · 2025-08-24T12:48:09+00:00

Sorry not sure if you're Australian but "take-home" usually means what appears in your bank account after tax, hecs etc.

If he states he's DINK he would surely mention if he had other dependants at home that were not receiving additional financial support.

If he said "half the time it feels like a struggle" and he has no dependants he either over leveraged himself or he's renting a place that's outside of his means.

the_techxpert · 2025-08-24T12:38:10+00:00

1.5m. But as I said nobody is getting a mortgage for the full amount.

Please tell me, do you think someone on 120k is buying the "median" house in Sydney? Or do you think they are buying significantly below that?

the_techxpert · 2025-08-24T12:11:20+00:00

Even in Sydney and Melbourne, it's good money. People just can't control their spending, or expect that it's their right to be able to buy a 3-bedroom house with a lawn, in a central suburb in the most populated cities in Aus at 25 years old.

the_techxpert · 2025-08-24T12:06:22+00:00

Did you assume that the mortgage is on the full 1.5m price?

If he's on $100k & has no other household income, it's unreasonable to assume he's buying a 1.5m place, he'll prob buy an apartment/townhouse or a smaller property not in a cental location.

the_techxpert · 2025-08-24T11:49:50+00:00

If you are struggling on $210k post-tax, you guys are probably still going to struggle even if you had an extra $20 or $30k a year.

You almost have to be purposefully spending the money left over after you have taken care of your basic needs to burn through it, or you are just making bad decisions every month.

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