Issoria Baumanni

[Issoria Baumanni @IssoriaB]

@DrCameronMurray @zdnzau

[Issoria Baumanni @IssoriaB]

@dodgingalpha Gotta be able to stomach Allan Gray punching you in the face day after day. Although if they want to generate tax losses to offset gains elsewhere, maybe this month will mark the bottom?

[Issoria Baumanni @IssoriaB]

Anyone willing to stand in front of the steamroller as Allan Gray dumps 8% of the float at whatever price they can get? https://t.co/3QFf1LBLot

[Issoria Baumanni @IssoriaB]

@stableshaman Victoria (called the Emergency Services and Volunteers Fund). A slowly-increasing LVT on the capital value to ""fund emergency services"" and free up those funds that used to come from general tax revenue.
ESVF taxes investors higher than owner-occupiers too.

[Issoria Baumanni @IssoriaB]

@mwfowlie @SLaforest2026 @AvidCommentator *and* the NPV of future tax deductions, which just got zeroed...

[Issoria Baumanni @IssoriaB]

@bowtiedstocks Victoria taxes market value of PPORs via the ESVF (albeit at a low rate). If you had every state do this, combined with maintaining the CGT exemption, it would discourage upsizing for tax reasons, while not punishing downsizing (beyond stamp duty).

[Issoria Baumanni @IssoriaB]

@TMFScottP Because of how CGT is taxed, Owner Occupiers are incentivised to not rent out empty rooms. The average OO house has fewer occupants than a rental, even adjusting for the number of rooms. So every rental selling to an OO does marginally reduce supply. Could be fixed but isn't.

[Issoria Baumanni @IssoriaB]

@BenPhillips_ANU Victoria has conclusively proven that higher land taxes are not passed through to rents, but instead mechanically reduce asset prices.

[Issoria Baumanni @IssoriaB]

@PinguCapital Yes, that's exactly what happened.

[Issoria Baumanni @IssoriaB]

@Potstirrer111 Political stunt for optics.
If Council wants change they should pressure the NSW Government, who could simply tax Airbnbs and use the money to build public housing like Victoria does. They could just copy + paste the Vict legislation.

[Issoria Baumanni @IssoriaB]

Embarrassing that this is necessary to get the local tyrant to issue your permit

[Issoria Baumanni @IssoriaB]

@NatedawgO7 Post them so we can have a chuckle

[Issoria Baumanni @IssoriaB]

@MikeFellman Isn't this essentially what leasehold is?

[Issoria Baumanni @IssoriaB]

@dodgingalpha I'm one of them, it tanks 3% every single day. Surely at some price they give up on the capital recycling plan and just offer themselves to bigger players for parts? The MCAP is only $2.3b. Just sell the Aus assets to Stockland/the HAFF and wind up the rest at this point.

[Issoria Baumanni @IssoriaB]

Journos pumping out the 'blunt instrument' meme again

[Issoria Baumanni @IssoriaB]

@BaldingPhillip Bona fide counterpoint: we have more houses per person than we ever have in the history of this country. What's the definition of housing shortage?

[Issoria Baumanni @IssoriaB]

At least someone is doing their job in this country... Cap investment loans at 25-year terms and we'll really be cooking.
https://t.co/2euC4CAcW4

[Issoria Baumanni @IssoriaB]

Another month, another $10b USD sent to 3 shady italians of no fixed address. Nothing to see here folks.

[Issoria Baumanni @IssoriaB]

Seen a lot of posts on the 5% scheme but none on the fact that single parents only put 2% down.
There's nothing more Australian than giving our most financially insecure people 50x leverage to invest in the greatest asset on earth.
@AvidCommentator @RBASHAGGER @cmkusher