@HarryFromSyd@samstrades@lovethosepics96 Haha flabbergasting that people don’t understand this. Had the policy not be there - a house may not exist and our supply problem is worse.
@AshPolitik What are you smoking - net debt up 230billion in ten years.
Interest rates on their way to being higher than ever. That means repayments ☝️
Productivity lower despite tech improvement.
Fed gov has been propping up a failing economy with spend and immigration.
Wake up peanut!
@cmkusher I own a home. It’s gone up so much in value I’d prefer it to drop a little so that interest rates don’t get too high.
Given I bought 5 years ago my equity position is fine and will be even if prices fall 50%
@XuanJi53490765@TheKouk You realise Albos help to buy is about to cripple those Australians he tried to help.
With a 5% deposit it’s highly possible those aussies will soon be in negative equity with interest rates higher than they can afford.
Uh oh
@TheKouk What exactly is your point? Are you highlighting that the govt doesn’t spend money well.
By the way the govt hides behind capitalised expenditure so don’t give me that bull shit about surpluses.
@ggreenwald Got a feeling he’s going to do it this time.
I don’t think he puts himself in this position without a plan.
He’s risking his own reputation with his supporters this time.