HEKT1K

Lol, so lifelong renters can't save / invest enough to support themselves in retirement, therefore it's MY analysis that fails? Pls

So it's a bipartisan problem, and the best thing any of the numbskulls can think of is punitive tax reform which won't get up. Ergo we're all stuffed, and just need to hold out until the boomers drop off. Problem solved. I also don't get the obsession with ownership. Flogs will cry about renting and "paying some investor's mortgage" but apparently cannot join the dots and see that mortgage interest payments will flow to the bank's shareholders. With prices as they are in a lot of areas, it doesn't make sense to buy

Haha I doubt it. Given the premium he paid for the land I'd say he's after the actual location instead of trying to make a profit. House is pretty bespoke too There's one up the road on similar acreage that has been vacant since the early 90s (Chinese-Australian owner lol)

http://m.couriermail.com.au/news/australias-most-expensive-house-build-in-melbourne-suburb-of-toorak-cost-40m/story-fnu4vh3q-1227394967479?nk=68c6bd48245f3416afc099c13fd5f513 Wonder what this bloke's political views are like

Do you mean the companies providing all of the capital and taking on all of the resultant risk?

Yes. I also realise that shit doesn't get built when you are on strike

Lol @ the handsomely paid Flogmatron taking jabs at the 'rich people' - give me a spell brah Might as well have rabidly attacked the right given his only bright idea is to scrap negative gearing He's strangely silent on: -green / Left influence over planning decisions eg. opposing roads to make living in outer suburban homes more convenient, density in inner suburban areas -abolishing stamp duty -inflated wages and disruptive industrial action in the construction sector (great for dezz, shit for everyone else) -high levels of immigration -flogs with a taste for champagne but a budget for VB

Are lefties still having a cry about the housing affordability 'crisis'? f**k me

There'll be none of that shit at your new office

Time to join a union Leigh?

Our union protects our pay and conditions from the nasty Liberals ... http://m.smh.com.au/nsw/australian-workers-union-traded-off-2-million-in-worker-penalty-rates-and-wages-for-25000-per-year-20150528-ghbesh.html

Not if the militant unions have anything to do with it You can't really complain about no bonuses Leigh if you are going to bugger off at 5pm each day lol

I know a couple looking for a place if you need room mates

Don't think Mr. 5 houses deserves anything that good

Did someone say housewarming gift?

FAST would work Or google image search of a stock turbo

R33 is 6 bolt, unsure of VG turbos. Scotty would know

Article is misleading in that it ignores the purchase price of those homes 10, 20, 30 years ago. It's not insightful to pit current prices against the current incomes. It also ignores dual income households etc 2/10 would not bang

Haha ikr, what a plot twist. You can't buy this sort of entertainment Leigh, thanks brah

Wait... The same bloke who moved his gf into your place?

Love their passive aggressive bullshit.. "WHEN are you going to comply with our draconian policies Mr Ish?"

You think I'm not gonna return home with all manner of fly ass shit?

That's the kind of financial acumen that's going to serve our household well dezz

Fuark, imagine Would be the best lad pad of all time

Mohsen..... And the rest