@DrDemography The govt of the day should control the country, but this govt has outsourced that responsibility to the unproductive rent seekers in the immigration and property industries, in the name of supposed 'growth'
Get shouty at your beloved Labor govt, that's where the answer lies
@CutAdriftFromOz@TMFScottP You ever wonder how society learns some of its most valuable lessons ?
It's from reading about what did happen, not what may happen
Albo will be well remembered for this epic fck up, and you'll be able to read all about it one day
@JasonGFalinski@TMFScottP Bullshit
How many of those that purchased during covid (4-5yrs ago), after massive increases are now in neg equity ? Bugger all
6 or 12 mths ago a few more
Shit happens, everyone doesn't get a participation trophy
Labor has fckd most things up but don't exaggerate for politics
@FreeToThink000@plebcapital Cos they've been a key part of the money laundering food chain for years, and knowingly making bank from it.
Chickens are roosting, rea's having a sook
@LXLotsofun@blackbelt392299 And a country that's been living on credit well beyond its means, while producing very little value add and relying on external inputs to maintain that credit fuelled lifestyle, sometimes needs a lesson in how the real world works.
We've dodged real world economics for too long
@LXLotsofun 'If your $1 million home falls to $800,000 overnight, you've just lost $200,000'
That's a bit simplistic. There's plenty who've high unearned gains last 10 yrs and 20% decline has minimal effect
Those buying in last 4-5 yrs will wear it, and be cursing Labors housing m'ment
@bowtiedstocks@samstrades Why do you think the financial and property sectors faught so hard to see the tranche 2 AML legislation held up for the past 15 yrs
Nothing to see here, while perpetuating the precise definition of the 'self licking icecream'
They didn't know, my arse !
@sspencer_63 Funnily enough, you and 99.9% of those having a sook about Pauline in this thread are not the migrants she is referring to
Talk about missing the point βοΈ
@sspencer_63@juleev101 We are a backward tiny agricultural nation.
An economy based around buying and selling ever increasing property to each other, with decreasing GDP per capita is a stupid country.
Something has to change and Lib/Lab won't do it. They both need a kick in the nuts π₯