Vic Wasteland Thread - 15.0

[Birds]

Who'd have thought baby formula would be more lucrative than the international drug trade

And what happened to breastfeeding, or are Asians lactose intolerant to that too?

I dunno, my rental property has grown 15% over 5yrs (3% YoY). They say the cycle is 7 - 10yrs for a large return, but I have my doubts that in the next 2 - 3yrs that my property will substantially increase in value...

Only time will tell I guess...

88E would have yielded you 500% in 3 months jus sayin

[Rekin]

Who'd have thought baby formula would be more lucrative than the international drug trade

And what happened to breastfeeding, or are Asians lactose intolerant to that too?

88E would have yielded you 500% in 3 months jus sayin

http://www.news.com.au/finance/business/retail/parents-outraged-as-chemist-warehouse-buys-into-chinese-baby-formula-racket/news-story/45a8d54dd88ae7bc1fa9f780ff3549aa

Except 88E is yielding -30% more like it.

[Birds]

http://www.news.com.au/finance/business/retail/parents-outraged-as-chemist-warehouse-buys-into-chinese-baby-formula-racket/news-story/45a8d54dd88ae7bc1fa9f780ff3549aa

Except 88E is yielding -30% more like it.

Shoulda bought when I first told you to

There are more wealthy Chinese than there are poor, middle class and wealthy Australians. International capitalism is going to own us something chronic, if it isn't already.

[joeyjoejoejuniorshabadoo]

i see what you did there.. 6 years on i'm still right. feelsgoodman. Even with a correction majority of people will still be wayyyyyyyyyyyyyyyyy ahead.

keep that rent game strong brothers.

that all depends on the correction

[Leroy Peterson]

house across from me was vacant for almost 6 weeks. Last tenants were there less than 4 months then one day the nature strip was full of their stuff and a sign went up. not sure what happened.

I could tell they had a drug dealer because this POS civic with a cannon would rock up to the house at any hour. 10am, sometimes 2-3pm, sometimes 10pm. at least twice a week.

then I smelt weed once when I was taking the bins out, lady was collecting the mail with baby in pram. they didnt look dero.

Anyway, lot of people strain between tenants and ask way to much for rent in the burbs because agents tell them optimistic prices or hear what their friends charge... rent decreasing out east yo.

[Mohsen]

can we talk about cars?

[joeyjoejoejuniorshabadoo]

no

[Birds]

f**k off Mohsen

[Rekin]

can we talk about cars?

you don't even have a working car.

[Kinkstaah]

can we talk about cars?

My car is less broken now but still annoyingly broken.

[alr33x]

that all depends on the correction

Absolutely but can you honestly say you foresee 40%+?

[Leroy Peterson]

http://www.ebay.com/itm/Mercedes-Benz-CLS-Class-CLS-500-/331841338728?forcerrptr=true&hash=item4d4348fd68:g:cmYAAOSw4hdXH7hk&item=331841338728

[emts]

mine went down 10% in past month...

[emts]

http://www.ebay.com/itm/Mercedes-Benz-CLS-Class-CLS-500-/331841338728?forcerrptr=true&hash=item4d4348fd68:g:cmYAAOSw4hdXH7hk&item=331841338728

in the last picture were those p ZERO logos glued onto the wheel?

I hated the CLS when it first came out, but growing on me these days, but maybe not that one

[Leroy Peterson]

Lol the interior is pimping. Would buy just to sell the wheels. Almost make your money back.

[emts]

yeah cos 2nd hand custom wheels sell for the same as what you paid for them..

[joeyjoejoejuniorshabadoo]

Absolutely but can you honestly say you foresee 40%+?

Won't take 40% to f**k people up.

Any first home buyer that buys in the 24 odd months prior to any correction without at least a 20% deposit is going to have an asset they can't sell.

And then if rates go up or they lose a job / get injured etc they are screwed.

[joeyjoejoejuniorshabadoo]

yeah cos 2nd hand custom wheels sell for the same as what you paid for them..

They do if you buy them 2nd hand yourself

[emts]

They do if you buy them 2nd hand yourself

well yes. but.. never mind

[emts]

Won't take 40% to f**k people up.

Any first home buyer that buys in the 24 odd months prior to any correction without at least a 20% deposit is going to have an asset they can't sell.

And then if rates go up or they lose a job / get injured etc they are screwed.

all the more reason to have income insurance..

lucky my work supplies this as well as health care for free..

(well great unless your our CEO....)