David Findlay

Grumpy.

[David Findlay @davidjfindlay]

@AvidCommentator @parrapower2022 @samstrades I want Australia to have full term fixed rate loans. You shouldn’t regulate your economy by making it harder to keep your home. The repayment on day one should be the same on every repayment day.

[David Findlay @davidjfindlay]

@AvidCommentator I think it’s everything to do with the social contract being broken. Hard work and a good job doesn’t give the comfortable family life people expected, the only thing to get a better life is getting ahead of everyone else monetarily.

[David Findlay @davidjfindlay]

@toy59496 Rich enough to have investments you can afford a tax accountant. I’d like to see the stats on DIY tax returns among investors. I bet it’s not 43%.

[David Findlay @davidjfindlay]

@AvidCommentator Albo’s housing minister:

[David Findlay @davidjfindlay]

@complex_maths @AvidCommentator If we keep cutting taxes the services are getting cut. And they are constantly being cut different places so stuff needs to replace them. “Encourage people to do” actually in practice means rich people paying less tax than ordinary workers earning the same.

[David Findlay @davidjfindlay]

@complex_maths @AvidCommentator The majority of people are not affected by capital gains(with exception of super but that’s a spurious argument). The majority of citizens get greater benefit though tax paying for government services. CGT affects the relatively more rich. Which I agree with.

[David Findlay @davidjfindlay]

@AvidCommentator It didn’t help that he had the natural likability of Heinrich Himmler.

[David Findlay @davidjfindlay]

@AvidCommentator It’s stupid. We have a massive country with infinite resources yet we’ve built a service economy concentrate in a few centralised locations that are resulting in reduced quality of life for young families. There’s no choice because that’s where the jobs and services are.

[Craig Wallace @CraigWtweets]

Turning a basic human need into an investment vehicle was one of the silliest things Australia ever did #insiders

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

Canadian net overseas migration on a rolling annual basis over the last 30 years.

An advanced economy with a high number of temporary visa holders like Australia and Canada, can choose to have 0 or negative neat migration with the stroke of a pen.

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

It's wild reading John Howard cover how Robert Menzies dropped capital city housing prices from ~5.8x earnings to ~3.8x.

But Howard did the complete opposite, took affordable housing and then destroyed it.

[David Findlay @davidjfindlay]

@complex_maths @AvidCommentator You’re prioritising those who want to “get ahead” over those who just want to live. You’re part of the problem. You shouldn’t have to try to get ahead. The average worker should be able to have a life.

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

I'm not buying this Labor is all about helping young people narrative.

Rental growth is 6.8% nationally (SQM) and vacancy rates remain collapsed.

We have the highest home building rate of major Anglosphere nations, yet we still have an acute rental crisis.

Young people are battling just to secure a roof over their heads and even the National Housing Supply and Affordability Council (a federal government organisation) knows this is crushing household formation rates.

While I do believe that there are elements of Labor who do genuinely want to fix things and were likely the driving force behind the changes targeting property investment on existing homes, the reality is what we are seeing is at best giving with one hand and taking with the other.

Ultimately, the reality is the government cant even be honest with renters why they must continue to suffer, instead allowing the government to be insulated by the propagation of myths and outright lies.

History will not be kind.

[David Findlay @davidjfindlay]

@matt_barrie You investing type always look at homes the wrong way. The main question is can the mortgagee afford the repayments. People want a secure home to live in. A home is always worth another similar home. Stop using homes as financial instruments.

[Cameron Murray @DrCameronMurray]

A great article on the confessions of Australia’s immigration technocrats.

https://t.co/2nwrrXbhfQ

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

That seems fairly significant....

[David Findlay @davidjfindlay]

@izaqueoeav It's a planet out of focus and the twinkling is from air movement.

[David Findlay @davidjfindlay]

@DrCameronMurray It’s possible now because immigration is so high that rental availability is under 1%. The immigration rate is so high because politicians wanted more return on their rental investments.

[Oliver J @oliverjanik]

@AvidCommentator These tax incentives created an entire generation of these entitled leeches.

The system is overdue for correction.

[Anthony Sarich 🇦🇺🇭🇷 @AnthonySarich]

@AvidCommentator We need take housing away from these monsters.