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aquascoot

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Re: Tent Cities
Reply #60 - Apr 24^th, 2024 at 3:43pm

freediver wrote on Apr 12^th, 2024 at 8:56am:

John Smith wrote on Apr 12^th, 2024 at 8:52am:

freediver wrote on Apr 12^th, 2024 at 8:35am:

here are entire towns for sale for less than the cost of an inner city apartment.

crap

Entire town in Far North Queensland on sale for just $340,000

https://www.9news.com.au/national/queensland-town-lappa-up-for-sale-for-just-340000-how-to-buy/52c8bc22-ae2c-4f99-b24e-56d38e2c0713

This Entire Town Is On Sale For $370,000

https://www.newsweek.com/allies-creek-entire-town-sale-au500000-985439

Another one in NSW:

https://www.realestate.com.au/news/an-entire-australian-village-is-up-for-sale/

heres a great business opporunity

buy that town

move there and start a you tube channell

document as you do it up.

invite subscribers to your channel to come and stay for free in return for some labour

make it a boutique international travel destination

retire a millionaire having lived life as a lifter, not a leaner

alternatively sit on your leftie ass and complain and see if you can get rich by sooking Wink

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thegreatdivide

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Re: Tent Cities
Reply #61 - Apr 24^th, 2024 at 4:13pm

freediver wrote on Apr 9^th, 2024 at 8:13am:

John Smith wrote on Apr 8^th, 2024 at 9:48pm:

freediver wrote on Apr 8^th, 2024 at 9:06pm:

John Smith wrote on Apr 8^th, 2024 at 8:53pm:

Daves2017 wrote on Apr 8^th, 2024 at 8:39pm:

Homelessness is everywhere.

I thought by voting for Albo and Wong it would be addressed ( pun not intended).

I was wrong, it’s worse than ever. I assume our leaders just can’t see it as they fly on trips above us?

Apart from supply issues, for which there is no short term fix, nothing will ease our housing shortage. The two policies they need to change they won't touch.
Labor went to an election with policies to reform capital gains and negative gearing and in doing so lost an unlosable election. Labor won't touch these policies now. Not until those who remember losing are replaced by those to young to remember.

Homelessness has nothing to do with negative gearing. If anything, negative gearing reduces homelessness. The reason there is not more cheap housing available is that we are not allowed to build cheaper housing.

The reason there is so much homelessness is because our housing is some of the most expensive in the developed world. A large driver in pushing up prices is cgt and ng laws. I agree with the negative gearing rules, but I just don't think we can sustain them.

What controls housing prices is the price of building a new house.

You forgot demand inflation reinforced by negative gearing and capital gains tax discounts, as Lambie and Pocock noted yesterday.

Dont be a simpleton, there are many factors behind high house prices.

Quote:

Government regulations do a lot to push that price up. We may have the most expensive houses in the world, but we also have the largest, most elaborately capitalised houses in the world.

Please explain the $million prices for decade-old dumps in Sydney...

Quote:

But builders do not charge more for their labour on account of cgt laws.

Correct, and irrelevant; cgt laws encourage investment in new housing as a wealth creation vehicle, driving up prices to the detriment of first home buyers.

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« Last Edit: Apr 24^th, 2024 at 4:24pm by thegreatdivide »

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thegreatdivide

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Re: Tent Cities
Reply #62 - Apr 24^th, 2024 at 4:20pm

Gnads wrote on Apr 9^th, 2024 at 9:20am:

Jovial Monk wrote on Apr 9^th, 2024 at 7:52am:

Grappler Racist Filth wrote on Apr 8^th, 2024 at 10:51pm:

John Smith wrote on Apr 8^th, 2024 at 9:48pm:

freediver wrote on Apr 8^th, 2024 at 9:06pm:

John Smith wrote on Apr 8^th, 2024 at 8:53pm:

Daves2017 wrote on Apr 8^th, 2024 at 8:39pm:

Homelessness is everywhere.

I thought by voting for Albo and Wong it would be addressed ( pun not intended).

I was wrong, it’s worse than ever. I assume our leaders just can’t see it as they fly on trips above us?

Apart from supply issues, for which there is no short term fix, nothing will ease our housing shortage. The two policies they need to change they won't touch.
Labor went to an election with policies to reform capital gains and negative gearing and in doing so lost an unlosable election. Labor won't touch these policies now. Not until those who remember losing are replaced by those to young to remember.

Homelessness has nothing to do with negative gearing. If anything, negative gearing reduces homelessness. The reason there is not more cheap housing available is that we are not allowed to build cheaper housing.

The reason there is so much homelessness is because our housing is some of the most expensive in the developed world. A large driver in pushing up prices is cgt and ng laws. I agree with the negative gearing rules, but I just don't think we can sustain them.

From my POV - nobody goes into a business in order to make a loss year after y7ear and thus incur NG. Having had businesses myself I've had NG ONCE - if you are into NG EVERY year for thirty years of a mortgage - you should have been wound up.

Simple - then there is Concessional Capital Gains Tax - since the objective of encouraging 'investment' in housing was to produce greater supply - and that has manifestly failed despite the encouragement of Concessional CGT which was supposed to make it worthwhile for an 'investor' to sell - it no longer has a place in the calculations.

Furthermore - receiving both CCGT and NG is double dipping against accumulated profit, thus turning a modest profit of 4-5% annually into a mega profit ... a super profit which should be taxed.

Can ye hear 'em, Morag Cameron? Can ye hear the pipes callin'? An' the drums.... d'ye hear the sounds of battle comin'.....

D’uh, negative gearing is there to reduce the tax on the wealthy by turning highly taxed income into lowly taxed capital. House hoarding is why rents are so bloody high.

Rubbish ... what or who do you class as wealthy?

In the context of this thread, a mortgage free home owner.

Quote:

There are lots of Mum & Dad property investors out there .... they're not house hoarding.

And if they own their own house, the investment property is 'hoarding', and driving up prices for 1st home buyers.

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Grappler Racist Filth

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Re: Tent Cities
Reply #63 - Apr 24^th, 2024 at 4:20pm

Got a game fish on the line.... predictable - reverts instantly to accusation that I somehow support the very thing I oppose so vehemently as part of the reduction of the populace under the despotism of the very central government dividie espouses to control everyone and everything and hand it about as they choose - as they are doing right now with our country .... he reckons that condoning that kind of thing is the solution but doesn't realise it equates to despotism - the very despotism I oppose so vehemently....

The boy has simply no idea what True Revolution is and what is required .... SPLITTER!!

Only one of us can be right...... I was right about 'gender' and 'lefty the mad' ...... the mad Lord Of The Flies rush by the kids has been halted in one review.... now to force Australia into that fold..... the bastards never give up.... they'd lose face and that's far more important than stopping kids being cut up and drugged out of their bodies.... madness .... pure madness .....

Maintain The Rage!!

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« Last Edit: Apr 24^th, 2024 at 5:03pm by Grappler Racist Filth »

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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freediver

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Re: Tent Cities
Reply #64 - Apr 24^th, 2024 at 4:26pm

Quote:

You forgot demand inflation reinforced by negative gearing and capital gains tax discounts, as Lambie and Pocock noted yesterday.

No I didn't. If a builder can make enough profit building a new house and selling it for $100k, then it does not matter what else happens, he is going to keep building houses until he cannot sell them at that price.

Quote:

Please explain the $million prices for decade-old dumps in Sydney...

For some reason people like to gather together in a few overcrowded spots. It doesn't really affect house prices in the other 99.99% of the country. Live in Sydney if you want, but don't expect the taxpayer to pay your rent or buy you a house you cannot afford.

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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thegreatdivide

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Re: Tent Cities
Reply #65 - Apr 24^th, 2024 at 4:44pm

Grappler Racist Filth wrote on Apr 24^th, 2024 at 4:20pm:

Got a game fish on the line.... predictable - reverts instantly to accusation that I somehow support the very thing I oppose so vehemently as part of the reduction of the populace under the despotism of the very central government dividie espouses to control everyone and everything and hand it about as they choose -

Talk about confused.....

I support government overseeing an economy which works for all.

You support the current vicious survival of the fittest free market system.

Spot the difference - evil system versus good government..... not your ideology-based "despotic government".

Quote:

The boy has simply no idea what True Revolution is and what is required .... SPLITTER!!

Good governance overseeing an economy which works for all, not just the most competitive - now that's a True Revolution, in our vicious survival of the fittest 'invisible hand' free market economy.

Quote:

Only one of us can be right...... , I was right about 'gender' and 'lefty the mad' ...... the mad Lord Of The Flies rush by the kids has been halted in one review.... now to force Australia into that fold..... the bastards never give up....

I have defined the "revolution", can you be more specific - avoiding resort to gender issues (women have babies and take more time out of the workforce than men, to rear them (on average).

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Grappler Racist Filth

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Re: Tent Cities
Reply #66 - Apr 24^th, 2024 at 5:01pm

"there are many factors behing high house orices. "

Yeah - over-immigration ... too many competing ...calculated government policy to reduce the peasantry to desperation and thus subservience to the part time casual regimen of work .. ah, the good old swaggy days - "Cut some firewood for ya for a meal, missus?" .... policy aimed at self-enrichment for insiders and stuff everyone else ... divide and conquer along as many social fracture lines as possible.... race, ethnicity, colour, work, income level, place of abode, status of job, superannuation scheme, size of home, ability to rort business taxes etc......

So many division - so little time... BTW ... dividie ... what do YOU do for a living? Wallow in the deep end of the benefits pool or suffer out there in the suburbs/slums like JaSin or Unsub?

I had a cousin - we don't speak any more though when we were young most thought us brother and sister.... her hubby was a contracted government fat cat and she was forced to labour in the public service and got all the perks of having a highly placed hubby as well as sheila perks that have ruined the joint - no room for hard workers and hard chargers.... "Oh - life if so difficult when you have two parents working in promotional positions!" Sound like the boss lady of the RBA telling us life's easy ....

I come from the 'bad' side of the family - done more than all of them put together and done every hard yard you can imagine better than most .... missed every meal and pair of good shoes along the way until the Army gave me a good pair and fed me luxury corned beef ...... jeez - life can be tough for some, eh? Fancy having to get by on two good incomes and hubby on a government 'contract' and forced to suck sh

i

t from political idiots you wouldn't piss on.....

Life just wasn't meant to be easy for some - clearly I missed my vocation.... should've learned grifting at an early age.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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thegreatdivide

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Re: Tent Cities
Reply #67 - Apr 24^th, 2024 at 5:04pm

freediver wrote on Apr 24^th, 2024 at 4:26pm:

Quote:

You forgot demand inflation reinforced by negative gearing and capital gains tax discounts, as Lambie and Pocock noted yesterday.

No I didn't. If a builder can make enough profit building a new house and selling it for $100k, then it does not matter what else happens, he is going to keep building houses until he cannot sell them at that price.

Your errors:

1. no builder is building houses in Oz cities for sale at $100k.

2. inflation - cost of materials and labour is driving builders out of business.

The problem is prices of houses - new and established - everywhere in Oz have increased remarkably. As a matter of fact many buliders cannot make a profit even with sky-high houses prices, which is why many building companies are going bust.

Quote:

For some reason people like to gather together in a few overcrowded spots. It doesn't really affect house prices in the other 99.99% of the country. Live in Sydney if you want, but don't expect the taxpayer to pay your rent or buy you a house you cannot afford.

Er.... you forgot Adelaide and Hobart where prices are also rising:

(google)

Are Adelaide house prices rising?
Adelaide was one of the least affected markets and is now seeing considerable growth and new record prices return. Is there more on the horizon? NAB's latest Adelaide house price forecast has values gaining a strong +6.4 per cent in 2024 with another +4.6 per cent to come in 2025.

No doubt courtesy of interstate rent-seekers/ investors....

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Grappler Racist Filth

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Re: Tent Cities
Reply #68 - Apr 24^th, 2024 at 5:22pm

negative gearing can be a legitimate business cost - however - when the entire aim of the business is to incur endless negative gearing, it is clearly not a business at all - bur a rort.

Therefore two things need to happen - it should be closely monitored and the ATO MUST spend its time looking at businesses first - THEN the government must take a serious look at REAL tax revision and stop playing with the edges as if they are important... things such as 'tax brackets' are simply managed by simple indexation. All government do with that is look at how many are leaping into the highest tax bracket and buy them off with a 'tax cut' which is nothing of the sort but allows them to pay the same anyway - and maybe a little bit for the 'lesser beings' down the scales.

Remember Joe and Jo? Joe earns $40 an hour and Jo $20 - inflation rises 5% - Joe gets a tax cut of $2 to match ... Jo gets $1 ... average is $3 - on average Jo loses out.

.. it's the poor what gets the blame....

Anyway (**pulls up evening rock along the Road To Gaga Strip) - then you get to look at the likes of 'developer' Slim Mehajer (slim customer) - who pulls the banks into multi-million loans for a 'development' - INSTANTLY starts sucking the cream off the top with his salaries and costs for self etc... pays his sister for administrative ... puts his father on the payroll as a freelance OH &S reviewer ....then proceeds to trim the size of (say) units shown 'off the drawing board', and then eventually - right at closing time for construction, suddenly finds self 'insolvent' with $50m in a Lebo bank (Greater Bank of Ali Baba & Coy), and unable to pay out contractors and is forced to go 'bankrupt' owing the banks millions that the peasants will pay for in fees and charges that the 'big boys' don't pay....!!

The contractors are then forced to raise prices across the board to make up for losses, the banks raise their fees and charges on the peasants and find new ways to rort them, the RBA raises interest rates after the peasants are sucked in... the 'government' laughs behind its hand and says "Oh - that's just business - it's tough out there!" while grabbing another investment opportunity ..... and up and up she goes....

Vertical Slum City - City Of The Future .... waiting for the earthquake.... then there is the option of Tent City - Here We Come..... got a Thirties something Chevy, and we call it a home .....

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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Frank

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Re: Tent Cities
Reply #69 - Apr 24^th, 2024 at 5:27pm

thegreatdivide wrote on Apr 24^th, 2024 at 4:44pm:

Talk about confused.....

I support government overseeing an economy which works for all.

You support the current vicious survival of the fittest free market system.

Are you REALLY, HONESTLY saying that Local, State and Federal governments are not actively present in every aspect of the economy, with a bewildering array of regulations and rules??

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Estragon: I can’t go on like this.
Vladimir: That’s what you think.

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freediver Gold Member Offline www.ozpolitic.com Posts: 53218 At my desk.	Re: Tent Cities Reply #70 - Apr 24^th, 2024 at 5:27pm Quote: Your errors: 1. no builder is building houses in Oz cities for sale at $100k. That is not an error. I did not say they were. Try again. Quote: 2. inflation - cost of materials and labour is driving builders out of business. Do you think this contradicts what I posted in any way?
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thegreatdivide

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Re: Tent Cities
Reply #71 - Apr 24^th, 2024 at 5:35pm

Grappler Racist Filth wrote on Apr 24^th, 2024 at 5:01pm:

Yeah - over-immigration ... too many competing ...calculated government policy to reduce the peasantry to desperation and thus subservience to the part time casual regimen of work ..

Correct: did I mention good government managing an economy which works for all - a revolution - not your vicious survival of the fittest free market economy?

Quote:

BTW ... dividie ... what do YOU do for a living?

I'm comfortably retired on a part pension, share dividends and bank interest; having built my own house mortgage free in a country town within driving distance of a city. (I was always terrified of the idea of a variable interest rate mortgage on an expensive city mortgage, having seen people lose eveything in unemployment).

Quote:

Life just wasn't meant to be easy for some - clearly I missed my vocation.... should've learned grifting at an early age.

There are many traps for 'young players'....in a vicious survival of the fittest/ dog eat dog world.

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« Last Edit: Apr 24^th, 2024 at 5:43pm by thegreatdivide »

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thegreatdivide

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Re: Tent Cities
Reply #72 - Apr 24^th, 2024 at 5:39pm

Frank wrote on Apr 24^th, 2024 at 5:27pm:

thegreatdivide wrote on Apr 24^th, 2024 at 4:44pm:

Talk about confused.....

I support government overseeing an economy which works for all.

You support the current vicious survival of the fittest free market system.

Are you REALLY, HONESTLY saying that Local, State and Federal governments are not actively present in every aspect of the economy, with a bewildering array of regulations and rules??

No. In fact I agree with Whitlam: the states shouldn't exist at all - that's got rid of that useless tier of government - 8 governments in fact.

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Tent Cities Reply #73 - Apr 24^th, 2024 at 5:40pm Did FD find a list of jobs available in Lappa yet?
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thegreatdivide Gold Member Offline Australian Politics<br /> Posts: 15428 Gender:	Re: Tent Cities Reply #74 - Apr 24^th, 2024 at 5:50pm freediver wrote on Apr 24^th, 2024 at 5:27pm: That is not an error. I did not say they were. Try again. If builders can't pay materials and labour expenses, they can't make a profit. Quote: Do you think this contradicts what I posted in any way? Yes. Cost of living, and cost of wages, is too high in Oz.
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