Evan Forge

@Shopify developer

[Evan Forge @EvanForge]

@BrParkes @TheKouk Lol. 1 year ago in many parts.

[Evan Forge @EvanForge]

@MarkTattam @AG_bona_fide @TheKouk OP: "You can't put a positive spin on it except that it means that a significant deflationary pulse will soon hit the economy making the inflation rate returning to target in 2027 a near certainty."

In other words rates will fall again. First home buyers just need to wait 6-9mo

[Evan Forge @EvanForge]

@AG_bona_fide @TheKouk And the majority of investors are still going to be ahead anyway!

[Evan Forge @EvanForge]

@TheKouk When prices were rising fast, before the falls started, were we getting $4.5 billion richer each day?

It was a fugazi. "Wealth" without producing anything of value. Don't cry when it disappears a few months later.

[Evan Forge @EvanForge]

@tompanos Boo hoo. Agents with little experience, zero skill no drive to work hard are quitting the industry.

[Evan Forge @EvanForge]

@ausstockchick Wow super hot take there! Make sure you come back to tell us all how you went out on such a limb and were right.

[Evan Forge @EvanForge]

@denk_tweets Instead of self-hosting just pay Railway $20/mo for managed hos.... oh.

[Evan Forge @EvanForge]

@AvidCommentator Re-implementing negative gearing would be a big mistake from Pauline and may cause her wave of support to decline. Just bring back CGT discount on other assets, businesses & stocks. Scrap Trust tax changes.

[Evan Forge @EvanForge]

@charles_watts Bayern haven't lost a home group or league game in UCL since 2013!

[Evan Forge @EvanForge]

@fieldo85 @hamsammichs6 @AvidCommentator Small business owners - Australia's wealthy 😂

These people employ. Increased taxes reduces their ability to do that. There are wider economic impacts. This is not a good change in its current form.

[Evan Forge @EvanForge]

@fieldo85 @hamsammichs6 @AvidCommentator Ahh. Believing treasury forecasts. Because all their other forecasts about economic impacts of their changes have been spot on!

It's way more than 5% of small business owners using a trust. It's closer to 1 in 6, and 3 out of 5 for small businesses in housing industry.

[Evan Forge @EvanForge]

@fieldo85 @hamsammichs6 @AvidCommentator You're the one who lives in a bubble if you think these are only used by the wealthy. The majority of small business owners have one.

[Evan Forge @EvanForge]

@bozzb13 @rabbit_wealth Lower rate of decline doesn't mean it's going up.

[Evan Forge @EvanForge]

@John_Speed That really isn't much for a deal to fall through on. ~2 months of rev assuming no growth. Less if its growing. What price band was the deal in if you don't mind? < $100K, $100-$500K, $500K-$1M, $1M+

[Evan Forge @EvanForge]

@TCentrist39096 @GreenTyler27 It affects the wider economy, at least far more than the 5% you suggest.

[Evan Forge @EvanForge]

@TCentrist39096 @GreenTyler27 Those people have children.

Those businesses employ people.

[Evan Forge @EvanForge]

@TCentrist39096 @GreenTyler27 Most small business owners with a family, have a family trust.

[Evan Forge @EvanForge]

@rabbit_wealth Not even a quick sale!

[Evan Forge @EvanForge]

@SpachusAus I think she's shooting herself in the foot with reversing the NG changes. A lot of people on board with her other policies.

[Evan Forge @EvanForge]

@SpachusAus Actually it happened in about 4 months!