@ausstockchick Is this a parody account?
No one has this level of cognitive dissonance.
Calling a system a rigged Ponzi scheme at the same time as raging at the Government & its voters for crashing it.
Ignoraning the fact the Gov pumped it prior to budget & Ponzi participants were the voters
@HenryAust1@cmkusher@australian I love the pure irony of the last point. That's crazy stuff.
Treating the inability to leverage more debt as a tragic consequence of taking on too much debt in the first place π€£
@Blackpilled1974@AvidCommentator That's laughable. 95% leverage is a high-risk gamble, not a human right. It's fine when government policy hurts others on the way up, but calling a national emergency when it flips the other way is pure arrogance. It just proves how recklessly stupid it was.
@contrary_owen@cmkusher Tell me you don't understand marginal pricing without telling me.
The $12T market cap is just a paper extrapolation based on last week's highest leveraged bidders.
The $3T debt is creating that $12T valuation. it's not a safety buffer, just a multiplication of the debt.
@Stormin10@asxpeasant Is this a riddle?
Are you're trying to make a point about equity cash-outs and the wealth effect? Just spell it out instead of asking rhetorical questions.
@BK18699178@cmkusher No you've got the policies mixed up.
5% deposit scheme was to encourage FHB into the market at current prices.
This new policy is to make it more affordable for FHB.
Different.
@AvidCommentator It's completely irrelevant what the expected number is.
The fact is that it's sticking well outside the target band for too long & trimmed mean has not come down.
The expectation should be to lift rates.
@mike_g_85@bowtiedstocks It's barely financial advice, it's a reminder to stay within the 250k per ADI government deposit insurance scheme if possible.
You're quite welcome to leave all your cash in a single institution.
@LSBrjl8@rationalaussie He slammed left government policy & you called him left, then followed up with RE Propaganda π€·
When prices drop, yields improve & houses actually become a good investment again based on cash flow instead of pure speculative gambling. Lower entry prices bring real investors back.