crob
688 posts


@TiffanyFong depends on the individual, people with fairer skin take it harder then those who olive easily
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@karlstefanovic issue is the current hosing market also disincentivising entrepreneurs, I mean why risk creating a business when property investing is a sure thing.
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@RT_com Lol what investment? He'll probably lose everything.
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@OMGTheMess the reason there going to go bust is fuel cost increasing the cost of supply's thanks to trump little war.
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More builders will go bust
Tradies crushed
By Labor
Crashman@Crashman_X
Sydney’s housing market faces a troubling new trend as desperate homeowners cut their losses on stalled renovations, potentially triggering a surge of incomplete property sales including one in North Ryde.
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@TheRedPiranha and that's why this shake up is needed, Australias housing is completely disconnected from wages and is creating major productivity issues.
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Labor
The top marginal income tax rate of 47% kicks in at $190,000.
In Sydney, that income is nowhere near enough to comfortably service a mortgage on a property worth even two-thirds of the city’s average house price.
Yet this threshold is treated as though it captures only the ultra-wealthy.
It was 180k in 2008 for top MTR. Adjusted for inflation it should be 280k.
But they have only increased to 190k back in 2024.
3x as many people now paying top MTR. Many blue collar workers.
It’s crook….sorry Labor are crooked.
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It is NOT going to happen, at all, ever!
JulietteSchwartz@Juliett59778255
Canberra 2028 🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺 I can see it And this will be Canberra Parliament House in 2028 mark my words Australia Pauline Hanson's Please Explain One Nation dragging a sad bedraggled useless Albo out of government saving us lol let’s do this together & vote when it counts — feeling excited.
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@burkylie12 Yes, over the last four years, Australia's overall inflation has been roughly 19–20%.
The U.S. has been 20–22%
Canada has been 17–19%
The UK has been 22–24%
The EU has been 23–26%
So similar to other developed country's, this is due the covid money printing everyone did.
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@senatorbabet The AI boom has increased demand for RAM & SSDs, leading to higher production costs that are passed onto consumers, at the same time Sony pretty much has a monopoly on the high-end console market and with the GTA6 around the corner can demand a higher price.
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