Жыл бұрын
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@steamroller231 2 күн бұрын
Sounds like someone is shit with money
@darkcreeper675 4 күн бұрын
Yes of course, because the prices are so high that there is no other options
@Channel60 18 күн бұрын
What a moron
@andrewoliver5574 18 күн бұрын
Awesome episode, great content Thanks!
@Pelusacollective 26 күн бұрын
Bahrain spent $500m USD on social housing for 2800 villas delivered - The difference is they relay on migrant workers whom are paid low wages no union .......Only way this is going to work migrant workers temporary workers from India and china ....the local aussie boff head builders now are taking the piss now. The new migrants arriving aren't going to deliver new housing as they want a nice cushy job in an office.
@Davechappelle445 Ай бұрын
A recession is actually needed. Also unemployment needs to rise. Any economist will tell you this. Right now australia doesn’t have enough properties and the quickest most effective way to manage that is to minimise migration so housing and policies can keep up. At the moment there is a disconnect. There are Australian citizens sleeping in their cars
@cruzrv4399 Ай бұрын
Guys, 90% of Australia is uninhabitable. Believe me it’s not just Darwin where the heat is unbearable. We moved to central Queensland and the tradies here work half of the time I used to work in NSW because of the heat and humidity. Plenty of places north of Hervey Bay where you just can’t live properly. Heat is so intense and bugs are 100000 fold on anything in NSW. Only 10% of Australia is comfortably habitable.
@amandajane7760 Ай бұрын
Great show, I really enjoyed the discussion. I moved from Sydney to Perth, and I absolutely love it here! But I completely agree - there's not a lot here, and a pretty lacklustre jobs market... so why the high house prices? The biggest sector of employment is Health and Human Services - apart from some doctors, not exactly high paying jobs. And not everybody is cut out for the FIFO lifestyle. Perth is classed as Regional for PR like Hobart (and I think Adelaide might be too), so that does attract students and migrants. But once they get their PR, they'll leave for the east coast for sure.
@CheCosaTesoro Ай бұрын
The universities got greedy as the international students percentage has got out of hand. Then many students expect to stay. Federal government must cut student visa heavily. Then the "skilled " migrant visa program isn't working. Many of these migrants never get a job in that skill. Plus immigration shouldn't be solely on the need for growth. Cut it back to the low 100K. And immigration visa costs is a pot of gold for the government. The visa costs are huge.
@haroldgrey134 Ай бұрын
To have kept up with the pre-COVID trend population growth, we should have been spending 6% of GDP on infrastructure. Instead we spent 2% and spent the lion's share of tax revenues on welfare. We spend $200 billion on welfare & pension and $100 billion on Medicare. The annual budget is $600 billion - so half the budget is spending on people who don't work, taken from people who do. But the elephant in the room is we take in all these immigrants to slap them with income taxes to have a generous welfare state. We need working bodies here to tax.
@the.parks.of.no.return Ай бұрын
Eat grass peasants !
@ynocoolnamesleft Ай бұрын
can't actually watch the podcast just too painful to watch might be a weird thing to say but sad how corrupt the country is
@RebeccaRussell-cc3pf Ай бұрын
Who would have guesed, 2 guys who talk about property who want immigration. Just think about what you said , i was one of those people working in hospitality in covid and as soon as immigration opened up the owner stopped having to pay people more to get workers. The problem is that immigration is a zero sum game, it cost in infrastructure. It keeps wahes down, if house prices was in the cpi basket out wages would have kept up. You need to look at the detail a little closer.
@LittleRayofSunshine69750 Ай бұрын
The comment about fireplaces and aircon. There are people who have saved and bought their own home without those features. I don't know where your getting your numbers regarding Helensburgh heading south you can't get a stand alone house for less than $800-900k, even in places like Dapto, Shellharbour, etc.
@Hunty49 Ай бұрын
Immigration used up all the available rentals making people fight for the remaining one. And when they come up for renewals, property manager help push up the price because they get a cut. Plus more people push up inflation as they use up more than just property, they use food, goods and services. All this to prop up the economy and keep the WEF happy.
@chriscoveries Ай бұрын
but migrants reducing housing prices, im sure of it?
@Hunty49 Ай бұрын
How? It's all supply and demand. If supply is low, the price goes up. The government increases interest rates to take money off you to reduce your demand. Stop the demand and increase the supply is the only way to reduce prices. But I'd you bought high, would you sell low?
@the.parks.of.no.return Ай бұрын
Well bring in another 10 million and Australia will have the cheapest house market in the world
@Hunty49 Ай бұрын
@@the.parks.of.no.return Lol. We brought in 1 million and we have a housing crisis. I can't wait to see what happens when they bring in another 500,000 before the end of the year.
@the.parks.of.no.return Ай бұрын
@Hunty49 Australia is finished Labor destroys every civilisation it touches
@the.parks.of.no.return Ай бұрын
@Hunty49 the real estate industry will tell you everything is fine The fact is immigration like this always leads to higher taxes and quality if life falling - no exceptions. At least these two will be laughing all the way to the bank with their friends
@BrLoking87 Ай бұрын
immigration is a good scapegoat for the government, I went to several rental inspections and the majority were Australians.
@Hunty49 Ай бұрын
It's not a "scapegoat", it's fact that 1 million immigrants have used up all the available properties. At the moment it's all the renewals that are out there looking. And they're majority Australian.
@CryptoKiwi Ай бұрын
Overall, it's a good podcast, guys. Keep it up 🫡
@CryptoKiwi Ай бұрын
"Avoiding" recessions is dangerous. It supports unhealthy businesses and over leveraged property investors while removing all opportunities for younger generations. Massive shame, when all of this bandage on the gouging wound explodes its going to be very dark
@AUSTRALIAN19953 Ай бұрын
Well I guess I'm renting for life😅
@Handbagqueen23 Ай бұрын
The real reason Hobart is out of reach is mainlanders bought up all the property as investment property and drove up prices but they do t live here!! We earn half what you do for same job on mainland. Also grocery prices are much higher due to no competition or budget supermarkets.
@malloryemclaren Ай бұрын
This is happening all over the Western world.
@bargainwallart653 Ай бұрын
God knows how my kids will be able to buy a house in OZ
@virangaabeywickrema3901 Ай бұрын
The big thing that needs to be defined for the stats used in this discussion is affordability to own a house, vs affordability to own a home (apartment, unit, house). Units and apartments appear to be a pretty affordable way to step into the property ladder. Are the figures quoted for each city including those as well as houses?
@prancer4743 Ай бұрын
You are 100% on the money 💰 expensive it’s called deflation 🤔🙏
@scribzone192 Ай бұрын
We need to raise taxes for investors and stop immigration if we want more affordable housing.
@CH-tv1cy Ай бұрын
nope. taxing investers will result in higher costs for renters.
@jdxtube68 Ай бұрын
Great show. Could you please do a comparison, in detail (Income, taxes, food expenses, mortgages etc..) of an average person buying an average house in Sydney NSW in say 1980 and today in 2024. Thx. Great show again. Well done from Australia.... Got yourself another subscriber.
@brucecrawford4399 Ай бұрын
We are living in a 3rd world country.
@CarbonTaxLOL Ай бұрын
Poverty is at 20% of the population. The healthcare system doesn't even fucking work if you're sick, you just have to buy drugs over the counter and pray it gets better. I agree with you.
@virangaabeywickrema3901 Ай бұрын
None of the key metrics indicate Australia is a third world country. Median wealth per capita is amongst if not the highest in the world for Australians, the infant mortality rate and general health comes are some of the best in the world, the literacy rate is amongst the best in the world, life expectancy is amongst the best in the world, and crime is actually very low. Let's not throw the baby out with the bath water. Its expensive in Aussie capital cities, but try living in London, New York, LA, Auckland, Dublin Vancouver etc. and we actually start to look not too bad.
@coopsnz1 Ай бұрын
new 3 bed home cost $700000 to build
@coopsnz1 Ай бұрын
is hobart cheaper than Nelson in new zealand , similar terrrain on the water / Apartments with water views 2 bed 2 million
@coopsnz1 Ай бұрын
300k a household sydney under these socialist dickheads , taxes gone up 30% under labor do you drive ,,do you drink & do you smoke your getting tax to hell now ! plus 10% halauge tax on trucks means transporting food ,,cars & goods more expesnive
@royalcoconutchannel Ай бұрын
2700 houses for 5 billion. That’s dodgy AF
@royalcoconutchannel Ай бұрын
Great show guys! I live in Perth and found this episode very informative and easy to understand.
@jmackinjersey1 Ай бұрын
Who wants to live in a tyrannical country that locks up their citizens in their homes for no reason and makes all law abiding citizens turn in their guns.
@sa9861 Ай бұрын
Only come here if you are serious about adopting our way of life.
@jonathanroberts7108 2 ай бұрын
What do these terms this vernacular, this manner of framing this conversation do for distinguishing between free enterprise, Communism and socialist societies. The commonality seems to be back room deals, insider trading on privileged information and teaching the sheeple that they are number one. When are we going to have the truly great and unique future where we are truly led to greatness, better than the rest, by a true leader that will not share his plans and when asked will tell the offender to stfu and take 3 steps back into the ranks., when, I say, can someone for the love of God tell me?!?!?
@user-vz7se8lw6o 4 ай бұрын
You are definitely not a mathematician lol $600k x 10 = $6million! It was around $1m in 2010 and would fetch 3.5 x that around $3.5m. Definitely peaked as well. Builders buying land, to profit from the rich. It's miss leading looking at just prices for new buyers.
@moon20249 8 ай бұрын
Great bro can i get your gmai account?
@codysti7816 9 ай бұрын
second episode 12
@MrTremewan 10 ай бұрын
So many people I worked with were constantly buying takeout lunches, Starbucks coffee, and bottled water, which they'd consume while complaining about not being able to get the money together for a down payment on a house. Anyone who asked me heard my simple ideas: Drink water that comes out of a faucet, make coffee at home and bring a thermos of it to work, and brown-bag your lunch. Some people listened, and their money problems largely solved themselves. It isn't complicated.
@davidleo9612 10 ай бұрын
This is not good advice and fails to capture the full range of property and contract law involved in a real estate transaction. For example, a new property could be sold with an as-is contract that disclaims warranties. Also, a property transaction without a general warranty deed still comes with implied warranties. Each state varies with how it treats these issues. This video provides poor legal advice and should be ignored.
@michaelmalone3138 11 ай бұрын
Boo Hoo The billionaires have coming to eat the millionaires.
@ardelleklacic8142 11 ай бұрын
P R O M O S M 🔥
@tutuflapper Жыл бұрын
Just a question though. what if we have the unused concessional amount from previous years so deposit 10k + 15k in this financial year 2022 -2023 and then next year exactly 15k for 2023-2024.. then during the year 2024-2025 can we withdraw 45k under FHSS ??? How does unused concessional work in terms of FHSS exactly?
@carissamanalac5808 11 ай бұрын
@tutuflapper The 15k annual limit is the amount that is eligible to be withdrawn under the fhss scheme. If you contribute more than 15k, any extra funds cannot be withdrawn and will remain in your super until you retire. The maximum lifetime savings for the FHSS scheme is 50k. So that would mean it would take you at least 4 years to save the total amount, assuming you contribute 15k for the first 3 years and 5k in the fourth year. In other words you contributed 10k + 15k for 2022-23, only 15k will count towards the FHSS scheme. Kuan Tian’s videos are really helpful. I’ve linked his FHSS video below. kzbin.info/www/bejne/o4fLlmuNeLFsppI
@kellyc4332 Жыл бұрын
This is exactly what I was looking for but I wish it was even longer. YT ranking services - 'PromoSM' .
@michellemanning7739 Жыл бұрын
This is very educational and made me aware of aspects of getting a home loan that I didn't know
@itssimplefinance Жыл бұрын
Glad to hear we are making a difference!
@LonelyHeartsChannel Жыл бұрын
Nice
@craigturner5575 Жыл бұрын
😻 🄿🅁🄾🄼🄾🅂🄼
@evolutionclouds 2 жыл бұрын
Great little video! Well presented and succinct. I hit like and subscribed 🙂