Jump to content
SAU Community

Recommended Posts

I've got a story that happened to a couple mates when we were 18.

2 mates.. One going out with this girl. We all went around to her place as her mum was having some party/gathering.. In short the other mate hooked up with the 40yo mum and she fell pregnant. His parents were asking to meet the mum of their grandchild.. Quite funny times.

Later another mate hooked up with the mums friend purely for 'experience/learning' reasons. But bugger that they were cops to put it politely. Don't know how they did it.

All occurred down south. I guess thats enough said. lol

bahahahahaha

I can see where you're coming from Craig and at the end of the day you are right but this guy is obviously pretty young and stupid so logic doesn't always come into play. I'd have to +1 with Cubes advice cause if you back the kid into a corner he'll either do a runner or hang around for the wrong reasons.........then it's FTL in both instances.

he's 21yo aswel, 3wks older than me

Edited by pokie
I've got a story that happened to a couple mates when we were 18.

2 mates.. One going out with this girl. We all went around to her place as her mum was having some party/gathering.. In short the other mate hooked up with the 40yo mum and she fell pregnant. His parents were asking to meet the mum of their grandchild.. Quite funny times.

Later another mate hooked up with the mums friend purely for 'experience/learning' reasons. But bugger that they were cops to put it politely. Don't know how they did it.

All occurred down south. I guess thats enough said. lol

lol at southern hillbillies, jump at anything that moves..............ohh, I'm a southy too! :nyaanyaa:

As far as pregnant Bob is concerned, the day my missus can

more than me will be the day I opt for artificial insemination.
beacause we cant live in our unit forever, karl.

its a hard decision to make hey sam...wasnt easy, but its really short term loss, for long term gain :nyaanyaa:

well im trying to stay positive lol

Ok so it won't be "another" house it will be the only house you have?

One of my pet peeves is people with investment properties.

I've got a story that happened to a couple mates when we were 18.

2 mates.. One going out with this girl. We all went around to her place as her mum was having some party/gathering.. In short the other mate hooked up with the 40yo mum and she fell pregnant. His parents were asking to meet the mum of their grandchild.. Quite funny times.

Later another mate hooked up with the mums friend purely for 'experience/learning' reasons. But bugger that they were cops to put it politely. Don't know how they did it.

All occurred down south. I guess thats enough said. lol

oh god that is like disgusting but hilarious at the same time :nyaanyaa:

Why would that be Mr VHR?

Maybe cause folks with income properties are taking advantage of a stupid government law making the income exempt from stamp duty or something like that. They get the profit which is all cool (and I would do it myself in a heartbeat) but its the govt law in regards to tax on investment property that is fuelling the affordible housing crisis. Just not as many being sold, and many people opting to invest into real estate because its generally safer than stocks... I dont think the investment is bad, but the laws are inadvertently making properties more expensive. An accountant friend of mine explained it to me a couple weeks ago. I'm probably getting a key details wrong, but it made sense at the time. Hehe.

-D

Yes i'm all for people making investments and setting their futures up, but in doing so prices have gone up, and make it unaffordable for most people nowadays to own their own home.

I make well above the average income in South Australia. I make a touch over 50,000 a year, but there is no way I can afford a house. So I don't see how the people who are less fortunete then me could ever do it. With my earnings and having bills that total to maybe 3-400 a month the most i can afford to borrow is around the 200 - 220 thousand. Try and buy any sort of home for that amount.

Sure i could buy a house in Aldinga and then drive an hour to work each day but with petrol being $1.50+ a litre any savings in the house price will be more than gone wth commuting. Then i have food, rates, electricity, etc, etc it is impossible without a partner. Which i'd love to have but don't see happening anytime soon.

And then with these tax concesions like dohmar pointed out it means the rich get richer, and the poor (or in my case the above average) get poorer and poorer.

Nah bollocks, Ben has it wrong - you have to pay income tax on investment property income just like any other income. Yes, you have deductions for interest and costs, but a the end of the day you pay tax like any other income. In fact, when you own a home for investment you generally get a worse interest rate (as it is a commercial style loan), pay higher water/land etc rates (as it is income-producing), etc etc. Imagine if no-one bought investment properties Karl - who would there be for people to rent from? We already have a MASSIVE rental housing crisis is SA (to be exacerbated in 2009 with a larger influx of immigrants) and if people did not buy rental properties there would simply be NO houses for these people to rent. As you pointed out, not everyone has the income to pay off a home loan - for many even a loan of $200k would be simply impossible to service.

The plain and simple reason for the property market going up is people's greed. They borrow more and more and more money, only to bid property prices up higher and higher. That is when a prudent investor waits for the market to crash a bit, then moves in and buys properties at the right prices (muahahahahaha rubs hands together), as MIPs become more and more common (currently 20 a week in Adelaide alone atm).

anyone on over $50K a year that is serious about buying a home can save $20 to $30k as a deposit which when added to the $220K that a bank is offering, makes for a nice 2 bedroom unit within a 10 or 15km radius of the CBD. If you can't afford a house, buy a unit or small townhouse, you have to start somewhere and build some equity.

Housing has been relatively unaffordable in Adelaide for only the past 4 or 5 years.....go to Sydney and compare their income to housing prices and you'll see that their housing has been unaffordable for the last 30 years....there are still plenty of opportunities here.

As Nightcrawler said, the vacancy rates are extremely low in Adelaide so we do need more investors putting rentals on the market and less greedy agents inflating the housing market unnecessarily with their dutch style auctions (like they did between 2001 & 2004) until REISA put the clamps on them with new laws and shut them down before doing anymore damage.

What a stupid way to justify it. If housing were affordable more people could buy their own homes instead of being trapped into renting.

A guy at work has a very nice house he has owned for about 6 years now. It's 4 bedroom, ensuite, formal dining, lounge, family room, etc, etc so it's not small. His mortgage is $600 per month, and now the house is worth close to 400,000.

Most of my mates are paying 250 - 300 RENT for shitty horrible houses. Thats at least a grand a month, now you can't tell me thats not f**ked.

And like nightcrawler said my biggest issue is peoples f**king greed when it comes to owning more than one house, you can only live in one.

Edited by kralster
Ok so it won't be "another" house it will be the only house you have?

One of my pet peeves is people with investment properties.

yes it will be ''another'' house

the unit is an investment

gotta start somewhere...

Edited by craig R33
my biggest issue is peoples f**king greed when it comes to owning more than one house, you can only live in one.

thats life mate. my dad owns a heap of property because he saved hard when he was young and invested wisely.

im currently renting, and own no houses. do i think my dad is greedy? no. just smart.

Guest
This topic is now closed to further replies.



  • Similar Content

  • Latest Posts

    • Wheel alignment immediately. Not "when I get around to it". And further to what Duncan said - you cannot just put camber arms on and shorten them. You will introduce bump steer far in excess of what the car had with stock arms. You need adjustable tension arms and they need to be shortened also. The simplest approach is to shorten them the same % as the stock ones. This will not be correct or optimal, but it will be better than any other guess. The correct way to set the lengths of both arms is to use a properly built/set up bump steer gauge and trial and error the adjustments until you hit the camber you need and want and have minimum bump steer in the range of motion that the wheel is expected to travel. And what Duncan said about toe is also very true. And you cannot change the camber arm without also affecting toe. So when you have adjustable arms on the back of a Skyline, the car either needs to go to a talented wheel aligner (not your local tyre shop dropout), or you need to be able to do this stuff yourself at home. Guess which approach I have taken? I have built my own gear for camber, toe and bump steer measurement and I do all this on the flattest bit of concrete I have, with some shims under the tyres on one side to level the car.
    • Thought I would get some advice from others on this situation.    Relevant info: R33 GTS25t Link G4x ECU Walbro 255LPH w/ OEM FP Relay (No relay mod) Scenario: I accidentally messed up my old AVS S5 (rev.1) at the start of the year and the cars been immobilised. Also the siren BBU has completely failed; so I decided to upgrade it.  I got a newer AVS S5 (rev.2?) installed on Friday. The guy removed the old one and its immobilisers. Tried to start it; the car cranks but doesnt start.  The new one was installed and all the alarm functions seem to be working as they should; still wouldn't start Went to bed; got up on Friday morning and decided to have a look into the no start problem. Found the car completely dead.  Charged the battery; plugged it back in and found the brake lights were stuck on.  Unplugging the brake pedal switch the lights turn off. Plug it back in and theyre stuck on again. I tested the switch (continuity test and resistance); all looks good (0-1kohm).  On talking to AVS; found its because of the rubber stopper on the brake pedal; sure enough the middle of it is missing so have ordered a new one. One of those wear items; which was confusing what was going on However when I try unplugging the STOP Light fuses (under the dash and under the hood) the brake light still stays on. Should those fuses not cut the brake light circuit?  I then checked the ECU; FP Speed Error.  Testing the pump again; I can hear the relay clicking every time I switch it to ON. I unplugged the pump and put the multimeter across the plug. No continuity; im seeing 0.6V (ECU signal?) and when it switches the relay I think its like 20mA or 200mA). Not seeing 12.4V / 7-9A. As far as I know; the Fuel Pump was wired through one of the immobiliser relays on the old alarm.  He pulled some thick gauged harness out with the old alarm wiring; which looks to me like it was to bridge connections into the immobilisers? Before it got immobilised it was running just fine.  Im at a loss to why the FP is getting no voltage; I thought maybe the FP was faulty (even though I havent even done 50km on the new pump) but no voltage at the harness plug.  Questions: Could it be he didnt reconnect the fuel pump when testing it after the old alarm removal (before installing the new alarm)?  Is this a case of bridging to the brake lights instead of the fuel pump circuit? It's a bit beyond me as I dont do a lot with electrical; so have tried my best to diagnose what I think seems to make sense.  Seeking advice if theres for sure an issue with the alarm install to get him back here; or if I do infact, need an auto electrician to diagnose it. 
    • Then, shorten them by 1cm, drop the car back down and have a visual look (or even better, use a spirit level across the wheel to see if you have less camber than before. You still want something like 1.5 for road use. Alternatively, if you have adjustable rear ride height (I assume you do if you have extreme camber wear), raise the suspension back to standard height until you can get it all aligned properly. Finally, keep in mind that wear on the inside of the tyre can be for incorrect toe, not just camber
    • I know I have to get a wheel alignment but until then I just need to bring the rear tyres in a bit they're wearing to the belt on the inside and brand new on the outside edge. I did shorten the arms a bit but got it wrong now after a few klms the Slip and VDC lights come on. I'd just like to get it to a point where I can drive for another week or two before getting an alignment. I've had to pay a lot of other stuff recently so doing it myself is my only option 
    • You just need a wheel alignment after, so just set them to the same as current and drive to the shop. As there are 2 upper links it may also be worth adding adjustable upper front links at the same time; these reduce bump steer when you move the camber (note that setting those correctly takes a lot longer as you have to recheck the camber at each length of the toe arm, through a range of movement, so you could just ignore that unless the handling becomes unpredictable)
×
×
  • Create New...