House prices


Too busy to watch that video now but I'll definitely spare some time later. Sounds interesting.


https://play.acast.com/s/equity-mates/market-chats-with-returning-expert...
This is definitely worth a listen Chris Joye was spot on forecasting a housing market bull run in 2020/21 during covid.


Looks like that bull run is showing no signs of slowing down.
$5 million plus for a house in Canterbury.
That bi-partisan high immigration policy is continuing to have its desired effect.
https://www.realestate.com.au/news/international-uni-student-pushes-cant...


Meanwhile in Hobart, a woman buys up 6 properties in a row and threatens to convert them all into AirBnB hotels like a game of Monopoly. The houses were originally built in the 1890s with funds raised by the Benevolent Society in order to provide affordable housing to workers. She cries poor despite acquiring the last of them three months ago for $750 000.
https://www.abc.net.au/news/2023-03-29/tenants-angered-as-lease-ends-und...


Thanks velocityjohnno & frog...more detail on the future of housing.
Researching the migrant intake again took on a world of it's own.
Meaning : It's now already a larger faster paced economy than runs ours.
Ok! All kinda thought we'd sold out a good while back...
This is a microcosm or Part 1 if ya like...made possible from a rush of recent Migrant data.
tbb's 2055 date seems to fast track to 2048 (As in 50%+ o/s Born world bossing our Nation!)
Yes! Bossing as Multinationals boss all largest migrant takeover > Global Economy!
Repeating that other World media label Oz as fastest migrant uptake...it is...but of largest Est' Nations!
What we'll expose here is how this larger global economy already engulfs our aging Australia.
First things first is to state the obvious subterfuge for any default takeover...
tbb happened upon a world anomaly for Oz region...
World has reduced Child Migrants from 1995 (15%) -2020 (10%)
Australia increased Child Migrants from 1995 (10%) > 2020 (15%)
This is due to senior Oz offering executive roles in Frontline Health / Ed / Finance.
Stumbled upon the best example of this in most frontline workplace!
Oz Trainee Nurses leave early to have Children (Numbers drop 5%) Return 15yrs later as Midwives!
Migrant Trained Nurse arrives with Family-works continuously to fill gap > Post Grad Degrees.
Basically the Govt never needs paying for unproductive maternity leave for majority of o/s workforce!
South Asian Health Work Force saved $3.2b / 5 years by already having family in place!
Migration is fast becoming a mostly South Asian majority Takeover.
1975 - 2016 : UK 48% > 6% / NZ 18% > 5% / South Asia 3% > 35%
CALD : UN Rights > now requires Culturally And Linguistically Diverse Migration.
Meaning Australia must provide appropriate Language access in Civic Venues.
Airports / Stations / Age Care with Asian- Chinese Voice Info Messaging.
We all recall AEC Elections with the Purple Chinese Signs...expect that across the board.
Migrants build their own footbridge & train their own troops to then supply & control our nation.
Should Migration Slow as in a Pandemic...the supply lines halt then Aussies knife fight over toilet paper.
Here's a peak into this alien world that controls ours...
Sure! It's Australia, but not one we'll ever recall as it fades from view.
% of o/s Worker-Residents (Oz Workforce)
Generally slightly higher % Employment rates & pay rates as to Australians.
80% Naturally boss our Migration / Translation / Interpreters (Building Bridges)
Govt requires all Ports to prioritize frontline emergency accommodation for migrants in largest Cities
Most Ports require Migrant Housing / Processing Centre
80% Migrants run total Food Chain from Plant-Plate
Grow > Pick Veges > Slaughter > Slice'n'dice > Butcher > Process > Pack > Transport > Warehouse
(Cont...) Migrants then Trade > Sell > Prepare > Cook > Serve > Clean > Wash Dishes
Includes the bulk of Production Line Factory Workers
Again! o/s Migrant Workforce are exempted as Frontline Aussies thru Pandemic.
70% Manufacturing / Engineering of all materials / Products across whole of society!
This being the foundation stone of Oz migration.
60% Health Care > Soon majority of all services > Child > Disabled > Aged Care
Migrants boss #1 OZ Emergency Health Priority (During Pandemic they own us!)
Migrants represent higher % with higher specialized fields...Common thru whole work force!
Any CBD accommodation they choose or need is theirs as a matter of priority!
60% Tech Geeks run our Matrix...they are well paid & can buy your house & the neighbours!
These Guys run all all Govt Tech & can do as they please!
Tech includes all this info here that we read right now...who else knows this shit!...Cheers Geeks!
60% Transport (Instructors > Drivers) see above: Note migrants train other migrants! This also repeats!
Migrant Truck / Coach / Bus / Tram / Fork Lift exemptions as priority Aussies...No worries Mate!
Next level...crew would know 'Indians' are proud of Rail Stations...leads to management roles.
Just saying to expect further Sub continent Transit Tech flow on as with Food > Pass' Transport whole!
60% Postal Service / Baggage comes with the fact the Migrants are bossing the Parcel Post service.
Simply an extension of their larger world...
Crew see that Govt are kicking the Local outta Oz Post > less local letters more Global Port Parcels.
Pause...Here's where we cross the line into the Big End of Town + Unions. (Tread Carefully!)
Migrants know the one & only golden rule is to not bite the hand that feeds them!
Pretty much Migrants going after management have been playing nice up until now...line is crossed!
They are now punching above their weight ( Pop % Job wages )
50% Tertiary Education...said to have jumped from 41% > 49% in Higher Education.
Universities retain o/s Students as Tutors / lecturers...Oz Lecturers can finally go to the Pub!
eg: UK 14.6% > Chinese 9.2% > India 7.8% ( Migrants teaching each own's Migrants ) as throughout!
Perfect example of demonising 28.3% of o/s Students while Unis are offshoring 49% of Teaching Jobs.
Highly likely Oz already has a Private Uni of majority o/s Staff / Students. (Say : Oz Uni? or o/s Uni!)
50% Telcos / Vital Systems Checks...across all Oz economy & has no limits to o/s work force!
Another priority foreign frontline workforce with more them than us...all can see that!
50% Manufacturing / Plant Operators + (Non Unionized Trades)
Here we're also talking about greasing the wheels > Upgrades > Maintenance > Plant Running
(Non Union - Manual Labourers) > Steel Fixers / Plasterers / Tilers / Brickies / Roofers / Cleaners.
Tricky work for migrants to break into...more a slower haul this one...requires more integration!
Working side by side with Aussies each day...trying but rewarding.
50% Sales > Servo checkouts > Migrant Family shop Keepers
Real Estate field goes from Tele marketing > Time Share > Penthouse Suites...(No Limit!) + Contracts
See Above...(Bridges) Migrate to Family's Home is Work...so it blurs inner city Housing / jobs stats.
In fact it kinda distorts the current Inner City Housing / Rentals
Family sector is least regulated & lacks insider migrant data to forge policy...always, ever this way!
History records precincts or franchising by race / creed...again it blurs the reality!
Often hard for Aussies to break into this foreign market within their own Oz neighbourhood!
50% Mining...This figure is overall as migrants represent higher in behind the scenes Logistics.
Almost replicates a migrants realm within a realm...long history of Migrant Workers.
Kinda like Engineering in Work Plant / Factories.
tbb has worked on mines & was told to Sign in & work with a False Name...Go Figure!
Mines want less Oz / Local fuss or rumours...o/s workers are less hassle.
........Above World is foreign to us > Remaining Last Legs of Australian Society kicks on below......
Crew will read of 40% Migrant Jobs...all above 40% level will shift to Majority in no time...that fast!
No! Don't need tbb to forecast that...crew can easily see these jobs going going gone.
40% Finance / Banking / Accounting / Admin / Insurance ( No brainer ) Money speaks every Language.
This sector determines o/s policy takeover rate & looks like these Global Brands will own us!
tbb was suggesting if this sector breaches 50% very soon, then Oz loses it's ownership & sovereignty!
Purely based on the World being in charge of Oz purse strings...few here can argue!
40% Science > Labs > Pharmacies > Chemists > Sales + Alt o/s medicines
Another frontline priority migration supply line that has o/s funny names written all over it!
Oz just signed massive deals with o/s Big Pharma Airport Plant..FIFO...Bye Bye!
40% Security came on real fast with Pandemic...but it's not wot ya think!
Kinda like a whole new mid level > Now also ramped with Migrant priority!
Self certified Inspectors / Handlers / Guards / Concierges / Tickets > Baggage checkers / handlers...
Quite Often the Security Migrant Guard is not to engage or speak...just direct or point to signs!
Example : Migrants make up 35% of Prison Guards > (Not to be confused with frontline policing!)
Crew know that these migrants already Boss us & send us to jail...don't say you weren't warned!
See how quick that 40-50% Level moves to majority rule....it's no joke! Very Powerful Group. Agree!
Almost like that's the Gutz of it...we're on our own from there! Now Foreign in a Foreign land!
40% + (General) Migrant Trades near or above Oz 30% Migrant pop.
Trolley Boys > Car detailers > Laundry > Furniture > Fashion > Jewelry > Sculptors / Potters
These are more steady light impact areas of Society...more open to cross communication.
Govt / Union Protectionism Trade Zones that Migrants least occupy ( Last Aussie Bastion )
These occupations fall below 20-30% Migrant occupation or below their own pop.
Govt's either protect or Migrants are not interested or both!
tbb is not saying they're safe jobs just safer than all above trades...in fact some will lure o/s workers.
Meaning quiet 'towns' based on these occupations will somewhat delay Migrant impacts.
Aboriginal Affairs Frontline Service
Primary Crop Farming > Wheat / Sugar / Cotton / Wool
Zoos / Horses / Kennels / Dogs / Pets / Vets / Hunting-Shearing + Live Stock
Forestry > Ranger > Logging / Saw milling / Tree Felling / Green keepers
Union Trades > Plumbing / Electricians / Boiler Makers
Surveyors > Earth-moving / Backhoes / Concreters
Mechanics of local Small Cars (Requires long term reputation!)
Regional River / Sea trades > Boat Building / Deckhands / Whitewater Rafting
Womens : Family Support / Mid Wives / Mothercraft / Secretary / Hairdressers / Make Up
Seems like Migrants must tread carefully among Local Men / Women equally.
Here we see that thin line where Migrants don't cross > Funerals also.
Flip side > Marriage / Relationship Counselling / Massages / Therapeutics are all fine! Ok!
Sport : Coaches / Referees / Umpires (Meaning no more Refs than International Standard)
Combo with Animals : Equestrian Events least attract Asian Migrants...forget it!
Migrants will misspell yer Trophies & provide yer Team with official correct upside down numbers!
Vice : Sex Work / Bar Tenders / Bookies / Horse-Dog Racing (Cafes also don't exceed o/s Pop base!)
Again...see : Casino / Concierge / Escort / Massage (Note Migrants gear to Top End!) Happy Ending!
Health Crisis : Rehab / Psychiatry / Deaf / Blind & as said Funerals
Possibly Govt or Religious / Personal intervention boundaries (see: iconic blokey Jobs)
Kinda like if it's broke...takes longer time (Years) to fix than the time a migrant can spare!
History / Arts / Media
Signage (English?) / Libraries / Museums / Ushers
Newspapers / Journos / Radio / TV / Stage / Acting / Dance / Music / Auctioneers
Crew can guess that further Global syndication would ramp this away from Oz Grasp!
Consider growing Sth Asia News press / Press / Libraries will require more (CALD) compliance.
"The Australasian" with Asian Crosswords!
Oz inner sanctum would require 70% o/s Pop to unseat Oz Power Base! (Turn of Century)
Frontline Rescue
SLS / Fire Fighters / Ambos / SES / Police / Troops / Quarantine
tbb was surprised to see 20% uptake > again less crew but more weighted toward o/s Officers
o/s Officers would need to work hard to command respect from large % Oz troops.
Law / Authority
Courts / Judges / Magistrate / MP / AEC
All can see these last Strongholds will be what endangered Oz Hodads cling to for Hope!
Writing letters to the Australasian about yer weird Asian Street name!
With the list..crew are invited to see how where their part of the world fits into the Housing crisis!
tbb explained our 6 month overseas FIFO for future minority English speaking Youth to hold ground.
Oz top Diaspora : UK > US > NZ > Canada > SK > HK >*Germany > China > *Japan
Oz Youth can target jobs in aging wealthy desperate Japan then Germany to anchor a 6mths Oz Surfari!
So what is Oz Plan for World Domination?
Oz 1m Diaspora ranks amongst Lowest but will soon rise the fastest & already is...
1.35m by 2030 (20-30 year olds > 25% work in Finance / Professional Services)
Note this is a perfect mirror of Asians arriving in Oz. (50% Aussies return after 5-6 yrs Pro experience)
London / New York / California then Singapore / Dubai / HK are bidding for 350k Oz Yuppies.
tbb previously listed same competitive Singapore / UAE / Qatar / HK in highest o/s pop principalities.
In this case the Oz yuppie Lawyers are cherry picking their preferred complex Hubs of Litigation.
Asia
2007 ~ 4.7% Oz Students studied o/s > 2014 ~16% study o/s > doubling time spent o/s.
By 2030 More than 450,000 Aussies will be working in 4/5 Largest Economies of 3.2b middle class.
Oz expatriate community will reach 33% of Total Diaspora by 2030.
Notably many more Aussies will then have a grasp of Asian language or Heritage!
If both studies are right then 800,000 Aussies are leaving by 2030.
Just saying...that pretty much matches our migrant intake?
Reckon that might speed up the Asian Pop % Take over if Oz loses 800,000 Aussies
Should that size Oz Diaspora continue then Oz is looking at a sooner 2040 for loss of sovereignty!
tbb is unsure of such speculation but there is little else to go by in this least studied area!
So! Thought to share the only reputable papers on Oz Diaspora.
[Future Crisis Factcheck] We know as Fact that our Aussie Diaspora will arrive back at Xmas as it does.
800k /5-6 years = 150 Aussies returning each Year...
Oz Housing Crisis would need to absorb an extra 150k Yuppies / year at Peak Xmas Housing Crisis .
So! Where to we read about that Hot House Crisis of Wealthiest Legal Eagles feathering their Nests.
Who here can match their Rental offer! Be like 5 Aussies sharing a Carport!
Policy : 20% Mandatory Regional Migration (DRA cat 1/2/3)
Born from the fact that (86% Migrants live cities) vs (Oz 65%)
91% of Oz (poll) want to stop foreigners from buying property...
Cat 1 Syd / Mbne / Bne receive no incentives
Cat 2 Capital Cities split CBD to morph as a regional Capital to claim migrants / students incentives.
Cat 3 Regional Centres
https://www.sbs.com.au/language/punjabi/en/article/new-plan-to-settle-mi...
https://ielts.com.au/australia/prepare/article-australian-government-inc...
tbb credits [New Daily] for the base of the data breakdown...
Outrageous example : Bungy Masters o/s 100% (vs) Whitewater Rafters o/s 0%
https://thenewdaily.com.au/finance/work/2023/02/11/which-jobs-rely-the-m...
Happy to share if it helps... Just sing out for any stat credits...might run a Link column soon?
Reason tbb is puttin' out is 2023 is releasing some exceptional Data Files...Salute! Stat Guys!




https://www.macrobusiness.com.au/2023/04/western-sydney-fights-back-agai...
Linked for Western Sydney mayor Carbone's comments:
"“Western Sydney cannot be used as the place for the government to dump 650,000 new residents just so they fix their bottom line”, Carbone said.
“We need hospitals, roads, housing and at a time when cost of living is out of control, this does not help people with their budgets or quality of living”.
“We need to say western Sydney is shut – we have a very low availability of housing and this will only foster more inflation with higher prices and it’ll be people out here in western Sydney that will pay the price for this huge increase”."
Just drove under/through Western Sydney, remind me to pay the toll... I got glimpses of big two storey houses in bush across about a 50km trip I guess. Must be a massive place.
At what point does popular revolt occur at this policy and enormous numbers of population increase?


I just can’t get into these articles mate. They are definitely popular but the language used is too much for me.


The Kohler video had some surprisingly unsurprising facts. The migration tap is more like an overflowing dam, and how's the statistic that half of the 400k net migration this year will be people who come here for a holiday, and then decide they suddenly don't want to go home!


velocityjohnno wrote:
1. Current government will definitely boost student visas to help their friends in the education sector (why is that sector so dependent on foreign students is a separate but important discussion).
2. People coming as tourists and then changing their mind and staying. This would be illegal unless the government is issuing easy bridging visas.
As he said, these 2 are major drivers but I don’t see them being fixed. And sometimes I talk positively about migration. Let me be clear, these 2 categories are not the ones I support. They look like shitty loopholes to be honest.


velocityjohnno wrote:
1. Current government will definitely boost student visas to help their friends in the education sector (why is that sector so dependent on foreign students is a separate but important discussion).
2. People coming as tourists and then changing their mind and staying. This would be illegal unless the government is issuing easy bridging visas.
As he said, these 2 are major drivers but I don’t see them being fixed. And sometimes I talk positively about migration. Let me be clear, these 2 categories are not the ones I support. They look like shitty loopholes to be honest.


I think the stat for me was the 300K short stay rentals. I've heard dandandan and his friends' experience in Hobart here, and that stat is just wrong.


flollo wrote:I just can’t get into these articles mate. They are definitely popular but the language used is too much for me.
I just can't get into them cos the original source article is a paywall, lol


Well, that one too. Although, I wish he showed some geographical breakdown. Many would be in popular holiday destinations where most don’t want to live full time. You also get a lot of mixed ones. My neighbour for example, has a room that she rents out on Airbnb. She made a separate entry to make it more private etc. But she lives in the house full time, this room is not set up for full time rental. She just uses Airbnb for a bit of extra money, that room was never intended for full time rental. Is her house a part of 300,000?


World favourite Short term stays are Oz Surf Safari Hot Spots.
Sure! Real Estate gurus don't see the bigger picture as swellnet crew.
This Hottest ever Housing Data falls into our camp! (Being very serious!)
tbb promised to share Red Hot Surf Shak Rental Data with the crew.
Promise!...after crew read this, they will be light years ahead of all the housing experts!
Be like ...OMG! Ok! Best that we're in control! Coz, Look rather silly if we're not.
Dec 2019 = Peak Short Term 400,000 > (Covid) Numbers Dropped
Clean Air Seachange recovery to overcrowd healthy Ozone Surf Breaks to current 260,000
Qld / Northern NSW Prices
https://www.realestate.com.au/news/demand-for-short-stay-accommodation-j...
NSW/Vic (Maps)
https://www.theguardian.com/news/datablog/2022/sep/12/australias-rental-...
Short Term Stays Leaders...
#1 USA = $44,235/yr
#2 Oz = $37,988/yr
Oz Short Term Average $/yr + ( Total % of regional dwellings ) + Global Rank
Intro : April 2022 ~ Byron Rentals on offer Long Term = 43 (vs) Short term = 2013 (Wow!)
That's 1/47 chance of an incoming family worker being housed!
Naturally > Housing FIFO workforce in Bongo vans.
https://www.news.com.au/travel/australian-holidays/greed-from-shortterm-...
#1 Byron (Greater) = $55,368 (28-30%) ( Above US ) 180 day cap > 90 day considered!
#2 Noosa = $56,182 ( Above US )
#3 Surfers Paradise = $47,666 ( Above US )
............Oz Peak Short Term Supply Line..........
#4 Broadbeach = $36,955
#5 Port Fairy (15.35%)
#6 Sorrento-Portsea $37,448 (13%)
#7 Bondi (12.8%)
#8 Tweed Coast (Cabba) (11%)
#9 Surf Coast (10%)
#10 Angourie (>10%)
NSW Surf : Palm Beach 6.2% > Bronte 6.4% > Forster 5.9% > Coffs 5.5 > Cogee 5.2% > Freshwater 5%
CBD : Sydney 6.8% > Melbourne 5.7% > Lesser 3-5% Regions Yarra Ranges / Grafton
Less than 5% of Short Term Accom' is accessible to locals
Average Short term Stay = 3% of Housing Stock
Recap : Notice all Highest Short term Stays are Surfing Reserves.
1800's Oz Surf Safaris established surf reserves in 1870's onward.
Surf Safaris / Cruises / Beach Rail-Taxis-Planes-Resorts-Shacks long before 1910's Surf Board craze.
Whole world has always surfed & above Surf Safari Hot Spots are First Nation centres.
Post Covid era...Surfjustsurf as always #1 Healthy Lungs Convalescence!
National Short Stay Annual Increases
Canada ( 19% )
Oz ( 16% )
Govt Responses / Caps / Reviews / Data / Maps
Pre Covid Goldie Data
https://www.blog.madecomfy.com.au/blog/analysis-of-gold-coast-short-term...
https://www.brisbanetimes.com.au/national/queensland/queensland-housing-...
https://statements.qld.gov.au/statements/96369
https://www.basscoast.vic.gov.au/community-support-services/local-laws/s...
https://www.realestate.com.au/news/the-regions-being-most-impacted-by-sh...
Watch Vid for Trends & oversight...offers some good insight!
https://www.abc.net.au/news/2022-12-29/data-shows-significant-fall-in-sh...


This one is giving me instant headaches, is this a joke?
https://www.afr.com/policy/economy/this-family-s-mortgage-repayments-abo...
The sales executive bought a $2 million house in the inner-west Sydney suburb of Haberfield in June 2021. He borrowed the lot, with $400,000 on a variable rate, which he has paid off, and the other $1.6 million on a fixed rate of 1.79 per cent. But the fixed rate will end in June.
His repayments will increase from $69,000 a year to nearly $110,000, based on the current variable rate of 5.5 per cent.
“I’m going to get absolutely slammed,” Mr De Celis told The Australian Financial Review on Tuesday, as RBA governor Philip Lowe confirmed the official cash rate would remain at 3.6 per cent until at least May.
Budgeting is now a daily conversation between Mr De Celis, who works at IT firm Katana1, and his wife Rachel, who works at ING. They look for savings anywhere they can while raising twin boys, aged three, and their seven-year-old daughter.
The couple sold one of their two cars, a Lexus, for $52,000, switched from Woolworths to Aldi, and will soon cancel a subscription to Foxtel. Mr De Celis also started catching the bus to work as he aims to fill up the Mitsubishi Outlander no more than once a fortnight.
“Date nights are history. I can’t remember the last time I took my wife out to dinner,” he told the Financial Review.
“Family holidays are two or three days in Shoalhaven or Port Stephens. There’s no sending five people on a plane for a luxury trip overseas.”
With childcare costing $1300 a month, the couple also looked at whether it would make financial sense for Ms De Celis to stop working and stay home with the boys while their daughter is in grade two at a state school. But they are $12,000 better off a year if she keeps working.
Another saving they made was cutting back $100 monthly donations to RSPCA and Access Industries by 80 per cent.


He seems to have done really well paying back 400K in 2yrs, seems juxtaposed to current budgeting. Is that the kind of headache you are navigating?
TBB - those %s above, are they the % available for long term local tenants, or are they a different kind of %? Yes it seems that us surfers are a bit ahead of the RE agents living in the surf areas, as if we are some kind of golden breed...


The funniest thing about those kind of sob stories Flollo is that they are never joking.
My mum's landlord who is exactly the same age as my mum emailed her to say she couldn't fix the broken sink tap (I drop 2.5 hours to fix it for her in the end) because she is currently in Fiji on her yacht and doesn't want to make international calls. The note at the end that "Sent from iPad" sent me into a spiral.


Same guy, another article!?
https://www.news.com.au/finance/economy/interest-rates/sydney-family-str...


I can't believe it made the news. Let's recap:
- $2m house (paid off $400,000 so has some equity) - can be sold and another house bought for $1m-$1.5m. Yes, Sydney is expensive but it's not that expensive that you can't buy a decent house for $1.5m
- Lives in an inner city suburb but needs a Mitsubishi Outlander + Lexus. One sold for $50+k, other can also be sold and something more modest in the $20k range can be bought
- Cries poverty because he needs to shop in Aldi, catch a bus or cancel Foxtel. Can't afford any luxury overseas trips and needs to holiday locally. So, he admits that he can still holiday but not overseas.
Seriously, this is just terrible financial management. What will they do next, ask the government for help? I can't believe this made the news, there are those who really need help and they are not on the news. Well, ABC is the only one that covers certain topics and I am very thankful for it.
If I came with these problems to my parents I would get slapped in the face. Especially as an adult man.


Best comment was 'I wish I had a Lexus to sell to prop up my mortgage.'
I saw a VS Commodore in Kempsey for sale for $360, now there's a bargain for you all. Ecotec motor is very reliable, it'll getcha to work. Felt like the Australia of my youth to see such tempting pricing.
Aldi for some time had/has had better produce than the majors anyway.
Given the last decade, I wouldn't be surprised if government help occurs.


I had to check it wasn't April 1st flollo.


He could sell that cool headband he's wearing, that'd get a few bucks.


Westofthelake wrote:I had to check it wasn't April 1st flollo.
I did this twice as well because it sounded like that. It honestly reads like a joke.


Maybe the gentlemen can get a bit more modest and move ~10km, 20min further out to this duplex in Greenacres for $725.
https://www.domain.com.au/2-9-chiswick-road-greenacre-nsw-2190-2018427177
It's nothing flashy but if money is an issue? Or is he too good to live there? He could sell his place, add $50k to the existing equity, and live with a very modest mortgage. He might even be able to shop in Woolies or keep Foxtel.


Giving up Foxtel would have to be one of the hardest decisions to make for such a financially astute person like Mr De Celis. I mean you can get 4 streaming services for the same price as Foxtel, but then you would miss out on all the stimulating journalists they have in their stable, which he probably enjoys just as much as his luxury trips overseas. Fuck me are people just getting more stupid by the month nowadays.


flollo wrote:This one is giving me instant headaches, is this a joke?
https://www.afr.com/policy/economy/this-family-s-mortgage-repayments-abo...
The sales executive bought a $2 million house in the inner-west Sydney suburb of Haberfield in June 2021. He borrowed the lot, with $400,000 on a variable rate, which he has paid off, and the other $1.6 million on a fixed rate of 1.79 per cent. But the fixed rate will end in June.
His repayments will increase from $69,000 a year to nearly $110,000, based on the current variable rate of 5.5 per cent.
“I’m going to get absolutely slammed,” Mr De Celis told The Australian Financial Review on Tuesday, as RBA governor Philip Lowe confirmed the official cash rate would remain at 3.6 per cent until at least May.Budgeting is now a daily conversation between Mr De Celis, who works at IT firm Katana1, and his wife Rachel, who works at ING. They look for savings anywhere they can while raising twin boys, aged three, and their seven-year-old daughter.
The couple sold one of their two cars, a Lexus, for $52,000, switched from Woolworths to Aldi, and will soon cancel a subscription to Foxtel. Mr De Celis also started catching the bus to work as he aims to fill up the Mitsubishi Outlander no more than once a fortnight.
“Date nights are history. I can’t remember the last time I took my wife out to dinner,” he told the Financial Review.“Family holidays are two or three days in Shoalhaven or Port Stephens. There’s no sending five people on a plane for a luxury trip overseas.”
With childcare costing $1300 a month, the couple also looked at whether it would make financial sense for Ms De Celis to stop working and stay home with the boys while their daughter is in grade two at a state school. But they are $12,000 better off a year if she keeps working.
Another saving they made was cutting back $100 monthly donations to RSPCA and Access Industries by 80 per cent.
My heart pumps piss!!! Seriously if they've paid off $400k in two years then that's impressive. But have they actually paid off $400k or paid $400k in P&I. There's a difference!!!


flollo wrote:I can't believe it made the news. Let's recap:
- $2m house (paid off $400,000 so has some equity) - can be sold and another house bought for $1m-$1.5m. Yes, Sydney is expensive but it's not that expensive that you can't buy a decent house for $1.5m
- Lives in an inner city suburb but needs a Mitsubishi Outlander + Lexus. One sold for $50+k, other can also be sold and something more modest in the $20k range can be bought
- Cries poverty because he needs to shop in Aldi, catch a bus or cancel Foxtel. Can't afford any luxury overseas trips and needs to holiday locally. So, he admits that he can still holiday but not overseas.Seriously, this is just terrible financial management. What will they do next, ask the government for help? I can't believe this made the news, there are those who really need help and they are not on the news. Well, ABC is the only one that covers certain topics and I am very thankful for it.
If I came with these problems to my parents I would get slapped in the face. Especially as an adult man.
Not disagreeing, but consider this:
Sale of existing property will attract commission and legal costs - circa 65k
Purchase of downsized 1.5m property attracts stamp duty of circa 70k.
So his 400k equity just became about 265k.
That’s a lot of foxtel.
Seems property will be the last domino to fall, or maybe not at all. Every other avenue of spending will suffer first and worse. If they hold on grimly and don’t sell then the supply side stays low, putting a floor under prices. And rents ain’t going down so owning is probably better long term anyway.
Ive been spruiking price drops but I didn’t factor the effect of 900k people coming into the country in the next 2 years.
It will alter the natural course


I sense a great disturbance in the farce


$800 a week for a one-bedder in Bondi?
400,000 people into Australia last year with most going to Sydney and Melbourne?
There's a disturbance in the farce all right.
https://www.smh.com.au/property/news/whiplash-rental-crisis-deepens-as-s...


I'm no economist but I haven't seen a convincing argument against simple supply and demand in real estate.
Not enough supply and increasing demand seems a very straightforwards equation to me.


"I sense a great disturbance in the farce."
https://m.dailykos.com/stories/2023/3/17/2158763/-Jon-Stewart-goes-head-...
#DismalScience #Maslow'sHammer #Plato'sCave


Corporate greed is certainly an input Wilhelm, look at the dividend bonanza over covid. But so is currency printing (huge over the pandemic after a decade binge) and yes, when borders were closed Australian employees wages actually went up so the economists are also right to an extent about the supply/demand of labour. Read a lot of Marxist IR theory at uni so I'm not entirely unfamiliar with the views you have linked, and they are a good perspective to have out there too.
The bigger problem further down the road as Summers states has real historical precedent and is for the majority a currency problem, and leads to impoverishment of a population, especially those least able to defend themselves from it.
https://www.britannica.com/event/hyperinflation-in-the-Weimar-Republic


freeride76 wrote:I'm no economist but I haven't seen a convincing argument against simple supply and demand in real estate.
Not enough supply and increasing demand seems a very straightforwards equation to me.
Definitely. The only other variable is capacity. But while there are more people needing roofs over their head than the number of roofs in existence (compounded by a slow-down in building), then people will find a way.
I think maybe the 900k may rule itself out as it becomes well known that Oz is one expensive place to live, short or medium term. Fast forward 6 months…
if I was an o/s student or holiday visa worker looking for a destination, then maybe Canada or NZ might look more palatable once living expenses are factored in. The tide might turn.


I consider this a great explanation of our zeitgeist by Charles Hugh Smith, who seems quite good at capturing the big picture:
http://charleshughsmith.blogspot.com/2023/04/why-interest-rates-are-not-...
His argument that going renewable will crowd capital demand for consumption seems logical, and infers a world of higher rates. The article deals with backstory and outlines how globalisation is now shrinking away, extended quote is quite relevant to what is going on in Oz vis a vis young people, renting, and housing - and implies a need for the massive immigration ("please come here and yes you can buy our houses") that is causing further pressure as seen in our thread here:
"So what changed around 2007-09? Globalization and Financialization moved from "virtuous cycle" to stagnation/decline, policies became more extreme to mask rising systemic risks, and the addition of a billion new workers aspiring to all the commodity-consuming luxuries of the middle class lifestyle soaked up excess production of oil and other commodities. With surpluses gone, prices had to start rising.
Post-Covid lockdown and recovery, China's policies changed from "open to the world" and "peaceful rise" to aggressive militarization and the restriction of Chinese society's access to the outside world.
All of these factors exposed the risks that had been successfully masked: the risks that global supply chains can break down or be disrupted by geopolitics; the risk that financialization games can blow up; the risk that Neoliberalism failed to suppress risks of fraud and exploitation; the risks that soaring debt outpaces expansion of the real-world economy, generating debt crises, and the risks of extreme policies generating unintended consequences (moral hazard, extreme risk-taking, etc.) and blowback (re-industrialization, trade wars, etc.).
On top of these risks, there are now demographic, capital, labor and resource sources of risks. Geopolitical tensions are rising, which is historically typical in eras where essential commodities become scarce and/or unavailable /costly. This is incentivizing re-industrialization, reshoring, friendshoring, etc., all of which are national-security issues aimed at reducing dependency on rivals or risky supply chains.
In effect, the nation-state has to take the driver's seat from deregulated markets, the Neoliberal ideal.
This re-industrialization is also driven by the transition to non-hydrocarbon energy sources, a goal that will require far more capital than most expect even as it underperforms unrealistic expectations. The demand for trillions in new investment will pressure credit for consumption (new homes, vehicles, vacations, etc.), pushing the cost of credit higher regardless of any other conditions.
In the past decade, birth rates in many developed and developing economies have cratered while the workforce ages and enters retirement. Both of these developments mean pension and social welfare programs launched when there where 5 workers for every retiree are no longer sustainable now that there are only 2 fulltime workers for every retiree/recipient of social welfare.
The decline of the work force also introduces two other dynamics: potential labor shortages and the stagnation of demand, as older people consume far less than new households having children. As marriage rates and birth rates plummet, so do the prospects for consumption-driven economic growth.
The policy extremes of ZIRP, moral hazard, credit expansion and the chasing of yields has inflated The Everything Bubble which has put the price of housing and vehicles out of reach of the bottom 60% (or in many regions, the bottom 80%) of households.
This rising inequality erodes social cohesion and fosters an alternative lifestyle in which young workers opt out of the rat race to acquire an upper-middle class income and wealth. This diminishes the pool of potential buyers of all the overpriced assets, further reducing liquidity on a demographic/structural basis."


This one was good too:
https://theshot.net.au/economics/australian-housing-is-a-cartel-and-its-...
"At the deepest heart of the issue is the political unwillingness to allow housing prices to drop. Ignoring that our nation’s politicians are themselves one of the most concentrated pools of property investors in the country, there is also the fact that our leaders are obsessed with pandering to voting homeowners with vested interest in maintaining, if not increasing, the value of their properties. As a result, even common sense policies that might help address our growing epidemic of homelessness are seen as politically undesirable, and so, the status quo remains unchallenged, and fuel keeps getting poured on the fire.
Meanwhile, enterprising Australians looking to buy a home are left with little choice but to take out wildly inflated loans to keep up with the ever-rising housing prices. And where do they turn for these loans? A small handful of lenders, of course. These lenders, often referred to as the “big four” banks in Australia, dominate the mortgage market, effectively controlling the flow of credit to potential homeowners, and as a result, they can play puppet master with house prices.
What we are now seeing as a result, is the tendency for these banks to act like legalised wealth extractors – trapping people in multi-million dollar loans then ratcheting up their interest rates, while keeping interest on savings artificially low. This process ensures that, over time, more people have less savings, thereby making them even more dependant on ever increasing loans. In this low-regulation, high profit market, we’ve effectively trapped every person seeking shelter into a cycle of subservience to a banking cartel, working in tandem with a reserve bank dominated by business interest which helps put a sheen of legitimacy on their grift."


Further:
"And so, dear reader, I present to you my latest, and perhaps most daring, proposal: a class action lawsuit against the government and the big four banks, aimed at forcing them to take drastic action to fix the housing crisis.
Our demands? The scrapping of negative gearing, a ban on using residential housing as Airbnb rentals or investment portfolios, and a commitment to prioritize affordable housing over profit-driven development. We, the young people of Australia, would be taking a stand against intergenerational theft, demanding that our basic right to shelter is upheld by those in power."
A lawsuit...


Digitizing Home Ownership is a crime!
Today! Sharing yet another oldschool personal Tip.
Taking out a Home Loan & accessing pre internet Home Loans now requires an email address!
Check this sample...now the very first form of ID for Bank Home Loan.
https://www.macquarie.com.au/help/personal/home-loans/apply-for-a-home-l...
Exactly...It's stupid and was never a thing...so why did email go from #100 > #1.
tbb does not bank or trade online nor send messages via 3rd party.
Meaning tbb contacts swellnet thru comments or the #1 welcome mat.
People can send a reply email to tbb or if it's shared...extremely rare!
Usually accessed once whenever if computer allows...mostly to clear 200 Junk Mail Pile...
No idea how it works, tbb has never sent a reply...
Mostly coz ya gotta subscribe to some irrelevant absurd otherworldly demons...just say hi next door!
Can't see why any would bother... so just go without...'70's freestyle...no daily hassles!
Sure! Ya get all sorts of Threats & Abuse even Demands > "To get an email!" All illegal!
tbb never spends a lot so comfortably gets ahead on Home Loan...
Daughter's wedding is where most funds gets funnelled over the last year...
eg: Draw Down is now called a Cash Back...
Let say tbb accessed his $3,000 cash back last year...without too much hassle.
Fast Forward to today > Cash Back request for $2,000 is denied...Huh! Plenty of funds for several goes!
Bank Teller : Nope sorry! Don't know why but you can't have yer Cash Back...'Strewth!'
Just saying...the chick was surprised...
(Important) This has seemingly just been mandated...by Who?
Strange! Coz only yesterday the Town was denied Oz Post E Banking + Mall ATMs access.
Banks / Oz Post had Queues around the corners.
Today tbb had no queues so let 3 lots of less abled get ahead...no fuss as tbb is also a disabled local.
Only when tbb simply wanted a Cash Back...Well! The queue started building up...
Now crew can see why tbb let less abled Gran & amputees ahead...could just smell this comin' on!
Tip for Gromz! The older ya get the better yer bullshit detector gets, but you'll need that & more!
Bank Teller had no idea of Loan Access Denial...
About now tbb offered up Password to obtain override access...surely Yes!
Computa said NO! Don't want that miserable shit!
As said above...can no longer access new or past Home Loans without email ID!
Teller kept goin' on about it & went back'n'forth 3/4 times! Troubled she was!
Here's what happened next, to move the crowd on...after a few dodgy backroom deals!
Bank Teller gave tbb a fake email address + Asked tbb to sign off on this fake ID...(Really!)
Then tbb naturally asked for his copy of Fake ID email for easier ID access at next Cash Back...(Correct!)
Teller said NO!...we'll just apply under a new Fake Application for next Cash Back...Say Wot!
So how the fuck do fake emails rule access to pre www home loans...what evil force commands this?
World is truly fucked up people...just make up shit as ya go & more shit the next time.
All in the bank were fucked over for 20 mins over this rogue email mandate!
Ok! Crew are starting to see the ID theft Crisis on the Telly is no accident...seemingly mandated.
This is creepy...(Why! Crew know why!)
tbb was just duped into internet banking so Bank can tap in 3rd parties into tbb's personal accounts!
Basically tbb was stupid enough to be forced into co/signing (No receipt) Fake email access to my accounts...
This banking email mandate is a criminal > now allows creepy 3rd parties to access tbb's accounts.
This is why the Bank refused tbb access to Copy of email ID. (Again! tbb feels he lost his Virginity)
Just got fucked over & gang banged by own bank that can now trade access to tbb's funds via email!
Right! So all sounds above board...nuthin' suss with tbb's Bank...Wot? Grrr!
Perhaps they're dropping a subtle hint...
Meaning this Qld bank is not likely to be around for tbb's next Cash Back! (No! Not joking!)
PS : Plenty more plump suckers like tbb are being tapped with new fake email access!
Just check on yer parents accounts when doing Loan Cash Backs...victims of Post Covid Global ID scam!
tbb got caught out as an old fool does...look after yer parents!
They are locking you out of yer own funds & then bully & trick you into online banking for them only!
Massive White Collar crime!
Almost impossibly! Banks just got greedier...just be on the lookout for mandated Digitization fraud!
Govts are currently fine with banks committing this fraud...do not trust either!
Recall people laughing about Covid Digital ID theft...tbb is not laughing...he feels gullible & violated.
Yes! More sick and even weaker...feel like an old fool...being caught out by own greedy bank.
tbb just turned 60...lesson to all...this is cowardly Govt Institutionalized Elder Abuse...Be alert!
In case yer wondering! Yes! It is a crime to mandate a Person to conform to digitization! Yes! Elder Abuse!
All recall First Nation never needed On Line registration for Vax...for very same reason! It's a Crime!


Further more onto this...
Just to share this mandated email Home Loan access crosses over to Savings account.
tbb can verify this is total online crime...
1. tbb was denied access to Loan Cash Back without email
2. Bank denied Password override
3. Bank informed it could not proceed without Fake email.
4. Bank insisted on signing Fake email
5. Bank refused request of Fake email receipt.
6. Bank refused direct access to cash back
7. Bank insisted the fake email transaction forged my savings account.
8. Game Over...Bank just completed tbb's first digital transaction with tbb as signed witness.
People! This is what they'll do to your parents & their Home Loans / Savings accounts!
Illegally grooming > one sided internal online banking of yer parents accounts.
Again! It's called Elder Abuse to digitize yer parents & lease them out!
No! It's not a conspiracy...ID theft is mandated & tbb is a victim! This is yer Wake up message!




udo wrote:https://www.news.com.au/finance/real-estate/buying/qld-couples-250k-home...
What a disaster. I would never buy off the plan, that part of the market is plagued with issues. You would feel so sorry for the couple. Did they get their deposit back, I didn’t get that part? You would assume yes + you would expect interest to be paid otherwise even that money lost value due to inflation.


What about this chateau? It’s close to some good waves.


Anyone watch those real estate shows on 9 life?
Like "House hunters International"
https://www.9now.com.au/house-hunters-international
Blows me away how expensive it is to buy or rent through South American countries or areas of Asia that you would expect would be dirt cheap, even when outside of tourist or expat areas the prices are quite high.
Indo is the same, i joined a few Buy and Sell local Facebook groups outside of Bali groups that are 99.99999% Indonesians and the prices locals are wanting for land or houses is just crazy compared to what it was say ten years ago.


Yeah Indo I follow regularly and yes, anything of quality is quite expensive. Reason being that cheap areas often come with many issues like crime and quality of housing can be quite shocking. Many houses are not even finished. Not to mention that you need barbed wire everywhere around the house to feel any safety.
Chile is an interesting one; I saw some of the best houses ever but I also saw a lot of shockers. I walked everywhere, including very poor areas. Many cul de sacs were closed off with dodgy materials by residents themselves. Houses on the slope (especially in Valparaiso) had to have roofs covered in dodgy, rusty barbed wire so thiefs can’t jump on.
But on the other hand I witnessed most amazing architecture in my life. Those who had the money were willing to pay premium for safety and the quality. And you could see it in price, it’s as expensive as it is here, maybe even more.


there's a cheap place in bali, if you don't mind brazzo-machismo chic..


Thanx Udo ... Sunset Claws...claws back 10% deposit contract...Wow!
Aussies gotta wake up just to get booted out...
Housing Crisis is creeping around owner's front doors.
Govt's allow crook Banks / Developers to now rewrite & over rule existing Home Contracts.
Outta my way you little people...got another Pollie's Mate's Housing Crisis Quango to loophole!
Bastards are kicking down yer front doors to raid yer piggy banks & empty yer pockets!
What was once a Buyers contract or signed Loan agreement ain't worth shit.
They can now change T&C as they like to tap into yer banking or turf ya out!
All here are on notice to wise up to protect yer lot from powers that be...we are all next in line, anytime!
Can recall here in Qld...Newly Wed owners having Hwy ploughing thru their Honeymoon Dream homes!
No longer a bright side of the road on easy street!
Holy Grail...Off Grid Home Garages!
Tried to find these online...ultra rare!
Our new managers recently turned our "Office" into a Caretaker Rental!
No one asked us residents!
The new managers now rent their Double Garage + our adjoining office.
Far as tbb knows that also includes our Lock Ups...tbb has no key for!
Point of this is this ... all Off contract / Off grid...
tbb is confirming..those in charge are rising up to take charge of our lot at our expense.
This pattern is backed by Govts & Top end down making a killing off us little people.
Govts look the otherway as they rubber stamp their VIP Mates take over.
Yes! For sure tbb's crew have an on site land bank & reckon we're in for a fight to hold onto that!
Nope! Not a conspiracy...The Rich are rising up as one to deprive the poor by overriding contracts.
Can see it here in tbb's Wealthiest Owners / Body Corp / Management / Bank all rorting us lower tiers!
Never seen anything like it in the past...tbb is seriously warning to put yer guard up & wise up!
All the above have tried / succeeded in rorting tbb in last Year alone...never notified until rorted...Ohh!
Just like that people...branded guilty or get ripped off by those you pay to protect you...Who's next?
Ok! So no one's crying & we have the best Groundskeeper & top bloke he is.
tbb knows such coz he replaced former best groundsman & before that next best then tbb himself!
Exactly...tbb is claiming each Groundskeeper is better than last...& Salute / Reward them as such...easy!
However! tbb also mowed Rental Yards with Dog Poo / Kidz Toyz > now all padlocked by new owners.
Recapping as little as 10-15 years ago > Reedy Creek was long branded an arse end location!
New groundsman gets about & yesterday shared current prices with tbb.
Yes! Even his own mates rates...told ya he was a good bloke & open & honest!
$ 300/wk (Complex Office / LU Sheds + Managers DLU Garage rental to Groundskeeper)
$ 350/wk DLU Garage - (Pay own Power/Water) Attached to $1,000wk Rental
$650/wk 3bd Townhouse
$850/wk 4bd Duplex
$900/wk Terrace House
$1,000/wk House + (New Extra) $350/wk (DLU Garage as above!)
Recapping...
All owners pay $5,000/yr Bodycorp
All prices are for 30yr old properties in undesirable middle earth bottleneck.
Reedy Creek is about 5kms inland from #3 Ranked WSR City Airbnb / Resorts
Just as tbb earlier exampled...( Increasing 3x Private Schools Attraction )
Met the Chinese Guy that vacated Sydney to pay big money in complex for Kid'z Private College
Also 100% confirming the Goldie like 4 like (20yr Mortgage > Cost / Rental theory)
eg : Current Lowest Town House Price $650K=Rent $650wk > Houses $1,000K = rent $1,000wk
Our Top End Houses ("Sub divide") Releasing a new entry level DLU Garage ($350/wk Rental)
tbb can't find where DLU garages are listed as Long Term Accom.
Guessing the crew know its some kinda DLUG (Artist studio) code on Airbnb.
* Live in Industrial quarters with active Work site
* Live in Pub/Shops
* Artist Studio or 12 Students-Share home / Caravan / Camping share amenities block
* Recall single Mums handing over welfare cards to landlords as rental security
But can't find listings for Live-in LUG.
Seems pretty obvious that LUG have gotta be the Hottest contested in Housing Market.
tbb is guessing these poor buggers are copping record rental blowouts with no say in the matter!
We all know this bit on the side accom, flies under the radar (eg: "Strictly Not Liveable Quarters!")
Can't help thinking an increasing large pop now live in other Family's Garages...
At what point does an overcrowded off grid rental enclave obtain Camp Status...needing Utilities!
So at what point do we flag this off grid lack of amenity a dual Rental / Health crisis!
Anyhow! tbb is listing what entry level LUG renters are up for!
Reedy Creek DLU garages (Mates Rates) $300 P/W/www incl > Standard $350/wk (No P/W/www)
Garages are now Likely outta reach for the unemployed...more suited to frontline worker/s.
PS : Any recall Govt backed > Priority Bed Sits for Nurses...be worth checking on exemption / expiry!
Coz you'd reckon that's another entry level Crisis stampede or if not already rorted to o/s students!


tbb anything goes. I just read somewhere that Australian unis collectively lost $850m last year. That's a big number. And what's the quick fix? Thousands of international students. No wonder people are sleeping in garages and sheds. I even saw someone commenting that sleeping in the car is not always due to a lack of money or broader homelessness issues. There are literally not enough properties to house everyone so some have to live in cars until they find something. It's crazy.


To infinity, and beyond!


So right you are flollo...that's another more severe entry level right there.
Ok! No point enquiring about something that doesn't exist...silly tbb?
Typed in many search options but applying reverse logic helped on this one!
Yep! That'll do it...kinda like Garage Renters can only legally exist as next weeks news headline...got it!
"Sleep Outs" require Plumbing + Cooking Facilities
This is all ya get...some weird arse Drive thru Garage Porn...can't help that!
Mar 2019 ~ $450/wk Richmond Vic (Sink) + Cook with Exhaust Gas...weird arse 2/3 way living.
Councilor + Greens senator > Got this bastardized gas chamber kicked off Real Estate Listing...
https://www.dailymail.co.uk/news/article-6860157/Richmond-studio-apartme...
Feb 2021 ~ $300wk (Single) 400/wk (Double) Carterton NZ (No Water or Toilet access) Full of Shit?
https://www.stuff.co.nz/business/property/124123819/garage-sleepout-list...
July 2022 ~ $400/wk Salisbury SA (Possibly Illegal)
https://www.adelaidenow.com.au/subscribe/news/1/?sourceCode=AAWEB_WRE170...
Nov 2022 $170wk (Single) 250/wk (Twin share) Bay of Plenty NZ "Workers!" (Power / wi-fi > No Bath)
Worker's = As in no isolating loser contemplating suicide on my watch thanks! Not Joking...see below!
https://www.stuff.co.nz/bay-of-plenty/300752594/garage-advertised-as-bed...
April 2023 Inside the World of an Isolated Garage renter (tbb salutes this guy for facing up to reality!)
Man it's a tough gig to share this level of depression with the world...Wow! Good luck mate!
https://www.nzherald.co.nz/bay-of-plenty-times/news/bay-of-plenty-rental...
Balcony Boys (No idea! Crew will have to use yer depraved imagination!)
Feb 2023 ~ $300 /wk Syd. 1 boy only ...kindly send me your info + $800 Deposit + $200 for Key.
List your Nationality + Fav Polly Pocket Furniture + E bike size!
Min Prison sentence 4 mths has wifi + Rice (WTF!) So it comes with it's own Mice ya say! No! R.I.C.E?
tbb pauses to cry...basher got broken up by that one! Fark! Hard to continue after that...
(Pretty sure this is one of them new fancy up market Rape Dungeons!) Reply : [0][0][0]...well durr!
https://www.news.com.au/finance/real-estate/renting/1-boy-only-man-rents...
BCF Kitchenette.
April 2023~ $300/wk Syd...Student Tent in the Kitchen...Yes! That's right Miss! The Dingo ate my Thesis!
Will ya please study more quietly when Gogglebox is on.
Comes with 2 Rugs for Luggage +1 Chair/Blindfold/Handcuffs! (No farting!) Ph: [0][0][0]...Now Please!
https://www.abc.net.au/news/2023-04-04/international-students-resort-to-...
How about a Dilapidated Caravan for $250/wk : Requires References from The Deen Bros!
Kmart boxes for windows + Yer standard dead body in the Mattress with propped up cupboard doors.
Ok...So where does this end tbb...
Well, as the crew know...Rental Crisis becomes a National Pastime then a 2032 Olympic Sport's Rort.
Then ya all die laughing at some ostentatious socialist hipster taking the piss outta it.
Jordie purplepingers will Sing / Chew / Mumble thru the rest of this Shitty Rental Tour...Salute!
https://www.tiktok.com/@purplepingers


Here’s one from Switzerland
House prices - going to go up , down or sideways ?
Opinions and anecdotal stories if you could.
Cheers