Alterego1168

@CrazyAboutVegas @AvidCommentator Rent can rise faster than property prices .. win win

@AvidCommentator Either rents need to go up to match current property prices or property prices go down to match rental returns. It will take a while for the property market to stabilise.

While I see further downside ahead for the Aussie property market & more still if migration is reduced in line with the Anglosphere. Albo is still pumping rents at 8%+ YoY & there is still more ammo. Dont be surprised to see slashed lending standards & cash FHB grants in time.

@RedwineChris @AveryDaye THey voted because they want to see this. Maga is Commie.. that's why Maga is also red

@AveryDaye It's also going to make Los Angeles worse. A lot of these New Yorkers, most of whom actually voted for Mamdani, are going to flee to Los Angeles and then keep voting like commie retards. Please tell them we do not want them.

Mamdani published a searchable public database of properties potentially subject to the new state pied-à-terre tax (a surcharge on non-primary/second homes), including owners’ full names and addresses. INSANE!

@AlexBerenson Your mum is a multimillionaire.. why are you scared of paying taxes?

Last week, my mom got a "pied-a-terre" tax notice. She has lived full-time in her townhouse FOR 30 YEARS (she and my dad bought it for under $1 million). She has no other residence. Is NYC not bothering with basic checking of its own tax lists? She's 81 and has three weeks to get her name off the list or she owes $56,000. (Yes, I said I'd help.) Thanks, Zohran Kwame.

@craigkellyAFEE Whatever you say - lets see what happens. Time and time again, Mamdani has been proven right.

Pass the popcorn. This is going to be fun watching , as yet another utopian socialist fantasy collapses into chaos, farce, and total humiliation. Here’s exactly what will happen:The existing grocery stores will be steamrolled. They cannot compete with a government operation bleeding massive losses while deliberately undercutting them by “30% below retail.” They will close—fast. The government-run stores will be hopelessly inefficient. Selling below cost, they will never keep up with demand. Shelves will be stripped bare within days. New York will get classic Soviet-style bread queues: people freezing in the winter snow, lined up for hours just to buy the basics… while the geniuses who cooked up this scheme keep congratulating themselves on their “compassion.”

@bowtiedstocks Need at least 50% price draw down.

$CBA.AX trading at ~ 30x peak cyclical earnings following a 30 year propadee Ponzi bull run that’s just come grinding to a halt is just so beautifully Australian !!

@samstrades She has no control over inflation triggered by external events.... what's the point.

'The Reserve Bank governor says she is prepared to raise interest rates again as weak productivity leaves the economy more vulnerable to inflation shocks' #ausbiz #RBA afr.com/policy/economy…

@ROCKPLUTO1990 @clapyogal Girl will get a warning and come back out and now can accuse him of rape. Lucky there is video evidence

@clapyogal 🫢 he handeled this good. He just wanted to be alone there. Now the police should take here in for assault. Girls want equality so this i hope happened. A big fine 3000 usd + something to him. And jail 1 year

Woman assaults man outside McDonald's. When he hits back in self-defense, she yells "why do you wanna hit a girl?"

@SpachusAus @DFA_Analyst Weatherboard house…. They last 10 years …Need constant maintenance

Unfortunately this is what happens when the cost of building a house in Australia is too high. #auspol

@solo_dio_ Japan has 1% interest rates for their citizens to buy overseas assets. RBA doesn't want to give cheap money to Aussies.

the return of the "land of the rising sun" buyers repeat of the 1980s??? realestate.com.au/news/japanese-…

@Potstirrer111 They can rent from airbnb.

Ban this shit yesterday. Tenants removing rentals from the pool and putting them on Airbnb when they don’t even own them

@SpachusAus Melbourne is a dying city - ruled by corruption, crime and high debt.

Bought for $1.7M. Now listed for $1.59M. 👇 This home at 12 Valley Park Drive, Mooroolbark is back on the market $110,000 below its November 2023 sale price. The data doesn't lie. Australia's property market is becoming more transparent every day. #PropertyMarket #Melbourne #RealEstate #Spachus #PropertyTransparency

@wrjcu1 @bowtiedstocks Government now wants to treat your super as "national asset" - another way to say its theirs and how they will invest. Not yours.

@bowtiedstocks Definitely two types of boomers, the ones that spend everything on the house to get a pension. Then use all the money they can whenever they have it. Then there's the ones who live modest with supers and investments no pension who spend like they are on a small pension.

Include the family home in the pension assets test, provide some stamp duty concessions and this issue gets solved very quickly If BowTiedStocks was running things you would be seeing outcomes not buzzwords and waffle...

@samstrades because property prices are slowing.. that's why productivity is slowing..

'Why Australia is stuck in a low-productivity trap' #ausbiz macrobusiness.com.au/2026/07/why-au…

@themgmtconsult @IFM_Economist Why don't you build a productive business?

@IFM_Economist This is what happens when you manufacture an economy based on 'exchanging non-productive assets' rather than 'building productive businesses'.

If the economic fall out is huge from a 5% pullback in dwelling prices policymakers should be seriously looking at why this is the case.

@IFM_Economist Now do Sharemarket to buy a standard bucket of asx200.

@centreozzy @TheKouk Which suburb is this ? I mean.. if its' high end property, then slowdown for sure.. but if sub $600K.. should be selling...

The fall in house prices is looking to be more substantial than first thought. If these trends remain in place for more than a few months, the economic fall out wil be huge. Could also be a sign the labour market is seeing a severe deterioration - let's see labour force n Thurs

@bowtiedstocks Recession incoming - higher unemployment rate and stock market tanking : ~50% drop

232 propadees up for auction 'withdrawn' I don't think demonstrates a healthy Sydney propadee market... Clearly there is a chasm between seller expectations and what buyers are now willing to pay And it will continue for some time 👍

@BikoKonstantin1 Why do you complain a lot but never provide a solution?

What Sort Of Country Have We Created?

@bowtiedstocks Why is a reset essential? There's no benefits to losing wealth and income.

You might think I’m anti propadee but really it’s not the asset class it’s the valuations that is the issue For what it’s worth I also think the ASX200 will fall heavily, likely 20% or more Given that the Aussie economy basically ceases to exist once propadee crashes It’s going to be painful for most, but a reset is essential Needless to say I’m not allocating to any large cap ‘blue chip’ overvalued rubbish, of which there is a lot right now

@KobieThatcher We should ban people from buying overseas stuff

Interested to hear everyone's thoughts. Should we limit immigration from countries that send a high proportion of earnings as remittances back to their homelands?