Australia is a weird place imo
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Date: July 4th, 2026 6:45 AM Author: Lawyers are the lowest form of life.
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.
(http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2],#49978317) |
Date: July 4th, 2026 9:58 AM Author: AZNgirl in Africa searching for Afrikaner
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
(http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2],#49978468)
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