Ash M ⚫🔴

Finance, Politics, Memes, Parenting, Travel
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[Ash M ⚫🔴 @Ashwin_Mathur_]

@Potstirrer111 @JasonGFalinski Both parties were looking to juice demand last election.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@ausstockchick The housing market pump was a bipartisan affair. Who are they supposed to vote for?

[Ash M ⚫🔴 @Ashwin_Mathur_]

@BikoKonstantin1 Combo of supply, outward interstate migration and taxes. Sell QLD buy VIC actually starting to look like a good trade.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@ausstockchick Great to see.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@IHPvicInc @MarkoMatvikov @AvidCommentator This actually seems like a pretty good outcome overall no? the big issue has been forcing people to rightsize their houses. My solution was land tax but this actually looks ok if that's what's happening.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@yendor67 @ausstockchick Addition of NG lines up pretty well with the larger fall. Of course there were other things going on as well (higher rates). But I'd be shocked if this wasn't also a causal relationship.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@yendor67 @ausstockchick Have you seen the chart? Price falls started when Labour put NG back on

[Ash M ⚫🔴 @Ashwin_Mathur_]

@LJensen41642 @SpachusAus Deflating property is important but agree that the other stuff is an own goal. Its also a shame since it makes it more likepy another govt will unwind the property changes as well.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@downgerd @kylesheldon @ErlingHaaland They dont do that any more. Plenty of countries who celebrate cultures that would be problematic in modern society but were formative in their ancient history.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SkullSpeedDeal That account is truly awful and no one should have to deal with that rubbish, I'm sorry.

there is a kernel of truth in the fact that you're posting about remittances without any real nuance, as per my other tweet.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@AvidCommentator What about the big dip in prices immediately after Labour removed it? Assume there was some impact there.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SatoshiWolf Labor and Libs could head this stuff off by running a logical migration program. One Nation are a clown car capitalising on people's genuine issues.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SatoshiWolf They are spouting populist nonsense. their first go at this assumed they would force 400k permanent residents to sell their homes. What number does this now address? Nobody knows.
I guess people are pissed off enough to vote for this chaos.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@jordanhknight_ How many properties are even owned by these groups?
The real impact from students is on rentals I think.

[Ash M ⚫🔴 @Ashwin_Mathur_]

@endozduopoly Do we even know what the numbers are? Like what proportion of homes this actually impacts? And at what price levels?

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SkullSpeedDeal @RennickGBR Personally? Nothing, my family is here.

Did you have any substantive comments on the points though?

[Ash M ⚫🔴 @Ashwin_Mathur_]

@kit_lowe Was that the impact of negative gearing being phased out for two years? Seems to line up pretty well with the dip (though that was interest rates as well). I know it's been put back on now but maybe there now risk around it?

[Ash M ⚫🔴 @Ashwin_Mathur_]

As a Victorian, this is completely unacceptable

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SkullSpeedDeal @RennickGBR The 16bn compares in roughly 7bn in remittances to India

[Ash M ⚫🔴 @Ashwin_Mathur_]

@SkullSpeedDeal @RennickGBR I find this a very odd thing to die in a hill about.
1. Australia runs a 16bn trade surplus with India
2. The migrants are getting paid this presumably because they are adding more in terms of value to GDP
3. Its less than what for example the US gets from income on capital