Jump to content
SAU Community

Recommended Posts

Yep....it's disgusting. I can't wait until they (those in power making decisions based on their own interests) are old and decrepit, expecting the current younger generations to look after their incapable vegetative selves.

Well, I'd offer you my spare room old mate, but it just so happens I STILL DON'T OWN A HOUSE thanks to your short-sighted greed. Unrucky.

Says the dude with a 50K+ car.

Stop complaining.

I was waiting for you to say something lol

It's not that I can't afford a house. I definitely can. I'll be the first to admit I'm paid exorbitantly for my position. But we all know that's not my point at all.

But when you have one person with multiple houses to themselves only available as rental properties, along with Chinese (and many other foreign nationals; I understand the "Chinese" problem is blown up a bit), it's hardly fair.

I won't argue with supply vs demand; I will argue why the 'supply' side of the fence is a complete crock of bullshit though.

And it's funny how the media were originally spinning as many stories as they could regarding why 'now is the time to buy', but have recently started running stories the complete opposite (for most of the country at least).

Perth property listings highest in history. Sydney auction clearances down from 90% to 50%. Sale AND rental prices (bar the 'f**ked' places like Syd and Melb) are actually dropping, no matter how you play the stats (this was a previous 'prop it up' story - "prices rose X% in the last quarter" while neglecting to mention that's below the rate of inflation.

Edited by Trozzle

In that vain they should build shite loads of houses so Supply greatly over powers the demand.

They are lol. They really really are. Too many cashed up investors and not enough people simply wanting to be an owner-occupier. More incentives needed for first time buyers and owner-occupiers, less incentives for the greedy pricks with multiple properties...I suppose living in one and renting out the other is ok, but more than 2 and you're just a greedy flamin mongrel lol....well, if you're negatively gearing the second at least

Edited by Trozzle

In that vain they should build shite loads of houses so Supply greatly over powers the demand.

That's exactly what they are currently doing. Though the issue is no one wants to live where the land is. Everyone wants to live near the city.

They are lol. They really really are. Too many cashed up investors and not enough people simply wanting to be an owner-occupier. More incentives needed for first time buyers and owner-occupiers, less incentives for the greedy pricks with multiple properties...I suppose living in one and renting out the other is ok, but more than 2 and you're just a greedy flamin mongrel lol....well, if you're negatively gearing the second at least

Hardly need more incentives for first home buyers

$12000 and no stamp duty is good enough.

They are lol. They really really are. Too many cashed up investors and not enough people simply wanting to be an owner-occupier. More incentives needed for first time buyers and owner-occupiers, less incentives for the greedy pricks with multiple properties...I suppose living in one and renting out the other is ok, but more than 2 and you're just a greedy flamin mongrel lol....well, if you're negatively gearing the second at least

So what are people supposed to do if they have spare cash?

Be realistic.

I won't have this discussion here and now. Don't have time, and it's going to be an 'agree to disagree' thing, particularly given you've got your own place and have a very different perspective on the matter as a result.

Well if you'd picked up a property or two in western Sydney a year or so ago under $400k you could have made a packet then sold it by now to buy another property in say Canberra or elsewhere more affordable. Not all bad news unless you want to live in Sydney.

I think it's f**king greedy expecting hand outs and incentives to buy a house. I love your generation Troy!

Work hard, save up and use what you have.

Life is all about the choices YOU make.

I'm getting mixed vibes from this.

It's not intended to be mixed.

Just the sense of entitlement blows me away. Why should someone give you an incentive to buy a house.

Then you call people with multiple properties greedy. You have no idea how hard they may have worked to get in that position.

  • Like 2

We played against one of them at a LAN event down there in ACT and he carried the team really f**king hard haha. We would have won the whole event if he wasn't there. He dropped like 45 frags or something stupid like that.

Yeah man, I use to run the Canberra LANs - really fun place and the iM fellow is pretty sharrrrrrrp. I always outperform at LANs though and competitive matches (Not TMM)....I missed the last comp - my m8 who was going to enter our team didn't haha.. oh well Sounds like you had fun though.

That's what I thought you were getting at.

I don't expect any incentives - they just go to the seller anyway, and in no way make up for the inflation on the price.

We wouldn't be "entitled" if we didn't have reason to feel hard done by when it comes to our generation and home ownership.

Expecting the taxpayer to foot the bill on a business you knew was going to lose money somehow isn't also considered entitled? More so even? Coz that's what negatively gearing an investment property is, and that's where the problem lies. Piss off first home buyer incentives and get rid of any and all tax breaks and loopholes that are responsible for negative gearing, and I'll be happy. I don't need a hand out when things are a little fairer regarding income to house price ratio.

Edited by Trozzle

Well that contradicts what you said earlier.

The consequences of doing away with negative gearing will be quite high. It can't and won't be simply a step of just taking it away. I'd presume your rent would go up for one thing.

As was pointed out, things are fair it's just that everyone expects a palace near the city for their first home. They also expect expensive cars and holidays. People now want everything.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Similar Content

  • Latest Posts

    • No, you're wrong, and you've always been wrong about this. The Nismo has 2 sets of openings. One is a real 2-way, and the other is a 1-way. There is no 1.5-way possible with the ramps that they offer. A real 1.5-way does exist. That Cusco stuff I posted is a prime example. If the forward drive ramps are, say 55°, and the overrun ramps are, say, 30°, then you will get about half as much LSD effect on overrun than you do on drive. It is real, it realy works. OK, you're slightly right. The Nismo has 55° and 45° ramps on the 2-way, so it does offer less LSD effect on overrun. But, I think that just means that they've (probably) sensibly established that you do not want actually equal LSD effect on overrun. You just want "quite a lot, but not quite as much as the drive LSD effect".
    • Just wanted to unearth this and post my baby with the new front ❤️😝 Took her to my wedding rehearsal today. Next up is getting wide skirts (after wedding)
    • Yea, that is what I was getting at in my ramblings too. The nismo one actually is a 1.5 way and a 1 way. They don't do a *2* way because a true *2* way would have equal ramp angles. Or is that a true 1.5 way? Realistically I think a "1.5 way" does not actually exist. A diff can either lock in two directions or one. It also doesn't help that a LOT of people in Australia speak about 1.5 way diffs are referring to their 1 way diff.
    • Well, the trouble with that ^^ is: The configuration shown is absolutely a 1-way, not a 1.5-way. There is no way that a 1.5-way can be said to offer LSD action only on acceleration. If Nismo cannot get that right, then it is impossible to believe their documentation. That ^ is not a 1.5 way setup. That is a 1-way.   And so now I have allowed all doubts to flourish and have gone back to look at the MotoIQ video. I originally made the mistake of believing him when he said "this is a 1.5-way" at the ~6:10 mark. Because what he did was take the gear assembly out of the 2-way opening and just rotate it one place to the left to drop it into the 1-way opening. When he dropped it in there, the cam was "backwards" compared to the correct orientation shown in all other photos of that config. The flat shold have been facing the 1° ramp side of the opening, not the 55° ramp side. And I thought, "gee that's cute", but I was concerned at the time, when he put the other ring back on, that the gap between the rings looked like it was wider then in the 2-way config. And then I said a lot of things in my long post on Tuesday that could only make sense if the guy from MotoIQ was correct about what he'd done. BUT... I have now done my homework. I grabbed a frame of the video with the 2-way config, and then grabbed another with the "1.5-way" config, snipped out the cam and opening of that frame and just pasted it direct on top of the 2-way config. I scaled it so that the triangular opening was almost exactly the same height in both. AND.... the gap between the plates is wider with the cam installed in the triangualr opening backwards. That is.... it cannot go together that way. There would be massive force on the plates all the time, if you could even reassemble it.  So, My statement on the matter? The Nismo diff is actually only a 2-way and 1-way. There is no 1.5-way option in it, regardless of what they say. Here's a photo of a real 1.5-way ramp opening from Cusco (along with the 1 way option). And the full set of 1 through 2 way options from their racing diff, which is not same-same as what we'd typically be using, but...the cams work the same. A little blurry, but it comes from this Cusco doc, which is quite helpful. AND.... Cusco do in fact do what I suggested would be sensible, which is to have rings that do 1 and 1.5, and 1.5 and 2. Separately.  
×
×
  • Create New...