The Greenhouse

gangrenous

After that initial uplift, it seems reasonably stable until the pandemic when there was a sudden spike. I'm unaware of any new laws favouring investors around that time. Canberra has the second highest property ptices after Sydney. It also has the second highest average income after Sydney. Canberr...

gangrenous

HOUSING AFFORDABILITY REPORT - https://news.anz.com/content/dam/news/a ... 22_web.pdf

Here’s one for you gerg for past 20 years citing household income.

gangrenous

Savage will be lucky to keep his spot this week, errors are one thing but lack of urgency and complacency just doesn't cut it in the NRL. Very surprising the amount of people making excuses for him. Schiller will take Savages spot unless Hopoate is no good Sent from my Pixel 7 using Tapatalk Why on...

gangrenous

Surely that’s predicated on the market being able to accurately value the assets being invested in. So that the demand sees the investment driven to where it’s most needed and not distorted by the tax choices of the investor. But in housing you already have two groups with different tax motivations ...

gangrenous

No, you haven’t explained that. You are working from the assumption that the same treatment across asset classes is the most beneficial economically. You haven’t cited or argued anything that I can see about how that consistency helps us get good outcomes regarding home ownership. I’m arguing that w...

gangrenous

Wait, are you saying that negative gearing and CGT discount are neutral tax policies? "Negative gearing" is, as it is simply allowing for expenses incurred in earning assessable income to be deductible. Changing that for one class of investment assets would be very bad economic policy. We...

gangrenous

No what I'm saying is younger people aren't even willing to make the same sacrifices (for the exact same length of time) that I did. And I’m asking you on the basis of what! At the moment it appears to be on the basis of telling yourself fairytales to make you feel better to absolve your apathy. Ho...

gangrenous

All my comments on this topic are based on the younger generation complaining that they've been priced out of the market and these same comments have been pretty consistent for the past 5 years, or more. The only way to get this demographic into the market is to lower prices or lower their expectat...

gangrenous

Why wouldn’t the market appropriately price in the value that owning your own home brings? If it’s of value to the individuals they’ll express that through their choices and financial decisions. Switzerland has twice the proportion of housing renters than in Australia and their society seems to wor...

gangrenous

Distributional issues are best addressed through distributional policies. Favouring owner occupiers through extra tax distortions doesn’t increase housing supply or affordability; Why not? If you reduce the attractiveness of investing in existing property, why wouldn’t that improve affordability? I...

gangrenous

Schiller will take Savages spot unless Hopoate is no good Sent from my Pixel 7 using Tapatalk Why on earth would that be the case? Schiller was terrible. He scored two tries any decent winger could finish and other than that had a completely lackluster game. Savage created a try out of nothing, sec...

gangrenous

Why would you distort the tax system and investment decisions to favour owner occupiers of housing? Because shelter is a basic human need. Because it’s more cost effective for us to have wealth spread with individuals investing in their own property for their retirement and needing less support. As...

gangrenous

Labor won't unwind demonstrably inefficient and ineffective housing and taxation policies at the State and Territory or Federal level because the Labor party is an entirely owned subsidiary of its donors. Ditto the Libs, Nats and anyone else in parliament funded by vested interests. At best they wi...

gangrenous

Savage will be lucky to keep his spot this week, errors are one thing but lack of urgency and complacency just doesn't cut it in the NRL. Very surprising the amount of people making excuses for him. Schiller will take Savages spot unless Hopoate is no good Sent from my Pixel 7 using Tapatalk Why on...

gangrenous

Timoko wasn’t a 7 either. Bad miss for one of the tries.

Young was a 4.

gangrenous

Yes, I'm not the problem with the market, as someone who is inching there way up the property ladder to provide a home for my family. The problem is that group with multiple investment properties. Fleecing renters then fleecing other Australian taxpayers with their negative gearing bs. No one said ...

gangrenous

There are a lot of over the top reactions here today, and my worry is it’ll be the same from Sticky. Today was a case of many players having a bad game all at once. I put a lot of blame on Rick for that - he doesn’t appear to coach scenarios well. The team needed leaders to step up when they let in ...

gangrenous

You’re better than this gerg. No one is saying you need to go out and sell your home at a loss. Wind back investor advantages, get rid of the ridiculous heat in a market for a human necessity. People can do their investing in something where the capital is value add. There’s still huge demand - you’...

gangrenous

Schiller saves a 3 on 1

gangrenous

That’s a shame that bounce

gangrenous

Bluesbrother wrote:
gangrenous wrote: ↑March 31, 2024, 6:49 pm Ricky needs to stick with this team. It is the better team.

He just needs to remind them the game isn’t won in 20 mins.
I'm bemused at how you've drawn that conclusion.

Watching them play?

gangrenous

Ricky needs to stick with this team. It is the better team. He just needs to remind them the game isn’t won in 20 mins. But if EW, Hoppa Cotric were playing no one would say this. Schiller and Savage showed why they're nsw cup players tonight. If we're being honest. Sav in particular. Any other pla...

gangrenous

Ricky needs to stick with this team. It is the better team.

He just needs to remind them the game isn’t won in 20 mins.

gangrenous

Young pushed him not Starling?

gangrenous

Hudson Young with yet another dumb penalty.

He’s lucky he’s the only 2nd rower fit next week. Origin was the worst thing to ever happen to him.

gangrenous

He catches that behind the lead runner. That’s obstruction

gangrenous

Not obstruction?

gangrenous

Go right!

gangrenous

Young lucky not to be penalised there taking out marker.

He has to cut the crap

gangrenous

Looked like a knock on to me

gangrenous

The ref has shown he’ll call 6 again. Why keep pushing the envelope when there’s no gain?!

gangrenous

Are both sides betting on the other?

gangrenous

Hoppa wouldn’t have dropped that [emoji13]

gangrenous

Come on, lose the challenge!

gangrenous

Hoppa doesn’t score that

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