Lord of Land
6.1K posts

Lord of Land
@mbbagent
I buy and hold Australian residential, commercial, and industrial property that cash flows, gets paid off by tenants, and provides my family with income.


This is Emily (hypothetical). She is 22 years old and works part time at a supermarket while at uni, she is very frugal and puts most of her pay into index fund ETF's. When she sells those she will be slugged at 30% minimum capital gains tax, despite being a low income earner.




If you believe in fairness, you believe in inequality. Some people are smarter. Work harder. Take risks. Make sacrifices. And do things others aren't willing to do. If you want to be rewarded for your decisions and actions, inequality is inevitable.



Done deal. On to the paperwork and borrowing.

Received a counter offer today. I love this game.



I’m almost 30, top 10% of American earners my age, I can’t afford a house - which means that the other 90% can’t either. Who are buying all of these houses?




