First Republic Bank is down another 35% and falling fast. If this was a "crypto" bank it would have been assassinated weeks ago. The fact that is hasn't been taken into receivership shows just how blatant the double standard is.
There’s a landlord shortage because morons like Danny here paint half truths in an effort to crucify anyone who bothers.
$175 a week is barely worth the inconvenience of having someone on your property. Instead of being thanked for helping in a rental crisis, landlords get this
>Arkham alert regarding US gov wallet movements
>Jump nukes their books based on alert
>Global OI down ~15% in an hour
>Alert turns out to be false
Welcome to crypto.
I am not 100% sure of the reason for the pivot by my best guess is because they want to limit scrutiny over the Signature seizure and suggest it was ordinary rather than motivated by an anti crypto agenda
@alldeadlongrun@AvidCommentator@chrisvsarrow And because builders couldn’t build as many homes during covid. Pretending immigration isn’t making the problem worse is absurd political behaviour. You aren’t racist just because you can do math.
@mc51802896@AvidCommentator Would be insanely bullish for WA. Our iron ore and wheat would be effectively on sale for 25% off.
Also good for Bitcoin holders who want to go buy a house in Aus.
Negative gearing should be scrapped because losing money on real estate on purpose is the stupidest fucking idea to ever hit our shores.
If you can’t positively gear your property you’re doing it wrong.
'Scrap negative gearing if you want our votes, say Greens'
"Adam Bandt has called on Albo to scrap negative gearing and capital gains tax discounts to bankroll the doubling of rent assistance"
Let's see if Bandt has the courage to stick to his guns.
https://t.co/eF8k4nMTFd
@AvidCommentator The idea of ”better” in this context is such a colonialist mindset.
Our ancestors lived without that nonsense for 60,000 years, quite sustainably.
@AvidCommentator Do you have kids?
Mine have it 100 times better than I did and they are exactly 0% happier, more thankful, or more at peace.
We all live like kings compared to two generations ago yet we’re all addicted to anti depressants and digital screens.
@AvidCommentator That’s fine. With the money landlords lose in capital gains, they’ll get it back from renters all bidding up rent prices with tax payer money.
@Agrz2020@AvidCommentator The real reason for the war on inflation is to stop the mortgaged up middle class getting rich. Can’t have that.
Wage/price inflation spiral doesn’t hurt the poor. It hurts the wealthy debt free asset holding class.
RBAs OG mandate was for full employment.
@Agrz2020@AvidCommentator High inflation will lower my mortgages without me doing anything. If inflation runs higher than the interest rates I’m paying, I’m getting free money.
@Agrz2020@AvidCommentator Evidence points to inflation being temporary given rate of decline and fact it’s been less than a year since hiking ramped up.
@Agrz2020@AvidCommentator I understand making people unemployed does not improve their lot in life.
If wages WERE rising in line with inflation, then it would be at risk of becoming embedded.