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Australia is a weird place imo
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Date: June 21st, 2026 12:20 AM Author: gay pozpig It’s very expensive but everyone is prole and no one has a Real Job. Like wtf is their economy even. they don’t make anything but Houses are 8000000k. (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49952745) |
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Date: July 4th, 2026 6:41 AM Author: Concupiscible Bearded Senate It is cartoonish. You have people who bought an asset 40-50 years ago thats now worth 5M+ and they have never made 6 figures their entire life. And just redraw equity from their home. (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978315) |
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Date: July 4th, 2026 4:12 PM Author: gay pozpig (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978926) |
Date: June 21st, 2026 12:41 AM Author: Vibrant Blood Rage Stage I spent a couple grand trying to move to Perth in 2020. My wife and I wrote a letter to ourselves say not to give up or it won't happen. We gave up. Sad shit I have a ton of family there and nothing doing. (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49952755) |
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Date: June 21st, 2026 9:02 PM Author: gay pozpig you wrote a letter to yourself...spent a couple grand trying to move...huh? (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49954277) |
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Date: June 21st, 2026 9:08 PM Author: French unholy university cq (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49954299) |
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Date: June 21st, 2026 9:08 PM Author: smoky windowlicker gay wizard cqs we need MOAR (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49954301) |
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Date: July 4th, 2026 6:42 AM Author: Concupiscible Bearded Senate (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978316) |
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Date: July 4th, 2026 7:15 PM Author: azure tank Poast of the year contender (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49979156) |
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Date: July 4th, 2026 6:45 AM Author: Concupiscible Bearded Senate If you want to understand the housing ponzi/rentvesting, research capital gains tax discount and negative gearing.
There are guys on 60k salary who "own" like 75 homes just buy negatively gearing and trying to cash in on CGT discount.
Albanese finally got rid of CGT for investing and now homes are plateauing but it's still clown level. No one under the age of 50 can buy anything in Sydney these days. |
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Date: July 4th, 2026 9:10 AM Author: gay pozpig (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978419) |
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Date: July 4th, 2026 9:19 AM Author: comical gunner I always lol at the sporcle quizzes where Australia isn't ranked in the top 50 for anything at all. (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978428) |
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Date: July 4th, 2026 9:58 AM Author: Clear histrionic death wish They have an African style resource economy, there's actually research Abt this like it's totally cause of all their resources but they never reinvested that to build manufacturing or tech. U wld think something like ship building wld be huge there but no they basically just export resources to gorgeous china and increasingly India and then funnel enough money to retarded birdshits via high min wage, lots of uneducated losers can just work in the mines etc so it makes the bottom class compliant
But this is all anglo economies they are all like fraud bullshit and they must all die and/or become Jeet
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Date: July 4th, 2026 4:08 PM Author: Concupiscible Bearded Senate (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978919) |
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Date: July 4th, 2026 4:40 PM Author: Angry trip hall They tried doing industry for a while but got steamrolled by the chinese. I remember specifically Ford and GM both had big auto plants there for AUSDM as well as attempting to sell into Asia but they are all shut down now that $15k chink spying EVs have proliferated in the region. (http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2)#49978981) |
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Date: July 4th, 2026 4:37 PM Author: titillating water buffalo double fault They are a modern built-up urbanized expensive country that somehow has no major corporations based there.
They're like the Phoenix, AZ of the World. |
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Date: July 4th, 2026 7:09 PM Author: Concupiscible Bearded Senate LOL WTF.
The most unspoiled nature and scenery in the world here. It is nothing like Phoenix.
The entire economy is built on a housing ponzi scheme. Thats it. |