Why is Australia so unaffordable?

Why is Australia so unaffordable?

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jews

It's not.

You have an unrealistic perception of your own living standards because you compare yourself to people you see on TV and your fantasy of how other people live.

Realistically, you live in one of, if not the, best places to live in the world today.

You won't accept this but it is nevertheless true.

close but no cigar

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Taxes on your taxes.

>jews
Also this. Don't trust anyone named Madrid. They're a family of organized Jewish criminals from the US that moved to Oz to get away from the tax man.

because it's full

Compared to NZ, you guys have a lot more buying power

All the stupid foreigners are trying to out scam each other. Really funny to watch but we can't let them get the vegemite!

Herro! You rike house? 2 million dollar!

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yes.

yellow ones.

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30 years of property speculation, easy credit and no investment in entrepreneurial activities. We've basically managed to cram 50-80 years of wealth creation into our unsustainable property Ponzi scheme, all while getting rid of our manufacturing capabilities.

Bubbles historically take as long to deflate as they did to inflate. We could be in a period of stagnation for up to 15-20 years while the exuberance of the past few decades is undone.

The illusion of wealth is just that - we have one of the highest private debt levels in the world. When the banks start calling in margins on overvalued properties, and the legions of overpaid tradies can't cruise around taking the piss and making $200k a year, things will start to change.

As a nation, we can either rip the band-aid off and go through a quicker, painful contraction and economic reset, or prolong the pain and drag it out for decades like Japan has been doing. The wildcard is how much the government will keep fucking with the real estate market. I wouldn't underestimate the lengths they will go to in an attempt to keep the music playing.

>no investment in entrepreneurial activities.
also known as "boomer hoarding syndrome"

I think its more a cultural issue. Those same boomers in the US put much more private money into start ups & companies than Australians ever did.

The fucked up incentives to draw more money into the property market through negative gearing and capital gains tax manipulation also poured fuel on the fire here. Labor loves it because it keeps the tradies (unions) happy when people are building and renovating, and the Libs love it because developers and real estate industry get to make shit loads of cash. Mum's & Dad's have been loving it because it has been an easy path to wealth...buy a house and watch your money double every 7-10 years...

For those that have bought & sold multiple times over the last 20 years and moved the profits into other assets or taken profits, its been golden. For the vast majority that are still indebted up to their eyeballs, its a tsunami of debt about to break.

>"boomer hoarding syndrome"
You don't have any saving do you?

You have china right there. I mean it is all chinese junk but still...it would save you from paying 400 for a decent pair of boots.

Or wages are among the highest in the world, so it balances out. The cost of living in Australia, in relative terms, is not that much different to Britain or Canada.

No, it doesn't balance out. Our high wages hinder our competitiveness with the rest of the world. Despite high wages also cause inflation - look at the prices for stuff here compared to most other first world countries. Australia used to be a cheap place to live. Our over-regulated economy combined with our overpaid and overtaxed workforce have fucked this economy to the core. We're very fortunate because we've been able to sell dirt to China, India and Japan without much effort. This combine d with out of control immigration to keep the Ponzi scheme going, have all but guaranteed at least a generation of stagnation at best - recession and financial disaster at worst.

Economic mismanagement by successive governments, squandering the profits of our mining boom have done nothing to offset the pain that is to come.

Because fuck you thats why get a fucking job cunt hurh urhurhrurhr

the fucking australian government quit funding a company I was vested in, and it's now in administration and my stock went to zero. Fuck you australia

Yuan

yes.

but I never got taught any skills from my parents. they had the consumer mentality held right to their hearts.

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What about the montefiores?

Pro-tip. Never invest in anything that relies on government intervention to turn a profit.

>blame tradies
Where does the ((( cash))) come from?

This. You only need 2.5 - 3 million dollars to afford this great house for your family.

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Dude, you're a white male. According to our government, you can fucking teleport, your money is also limitless as are your opportunities.

Educate yourself: youtube.com/watch?v=BwC3v49Xxx8

>Buy a new car the other day
>Go to register it
>That will be $1089
>Thought I misheard
>$1089 dollars for the years registration sir

This shit is out of fucking control man.

I'm not blaming tradies - you'd be a muppet not to take advantage of the cash sloshing around if you were in a position to do so. I am saying that our economy is a "two-trick" pony. Its based on housing speculation and exporting minerals. We don't value add to anything, we don't build companies that create jobs and innovate and add value to our nation as a whole.

Just to clarify, not a brand new car, second hand. Cost $3500, three years of rego is almost the cost of the vehicle.

ehh just play it smart and find a comfy job that lets you work online, fly to SEA and live in a hostel fucking tinder girls until you have to fly home for 1 day to refresh your tourist VISA and repeat

ez life mate and stretches those kangaroo bucks to infinity

That's BEFORE insurance. Shit is insane. Our income is taxed, we have GST and pay 1,000 per car in tax and now property is being taxed increasingly which is popping the bubble.

We are so fucking fucked mate.

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because fuck off thats why

Non-whites

As a national democracy we dont....
As an incorporated jewish anglo american family... we do

Nah that was with the mandatory insurance included, but still. Needless to say I will be selling it as soon as it runs out and buying a motorbike and running it unregistered, fuck supporting this horseshit.

Is it a big dirty v8?

got more details on this plan? seems lit.

Not even, just a medium size V6 because I can't tow anything with a cuck townie car.

It's all designed to suppress you.

Waste all your money paying just for a roof over your head and you won't be breeding or advancing.

The solutions is thus:
youtu.be/FeNYjYA2lVg

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Same reason as every Eurocuck country out there and your brother New Zealand
Socialism
Now all of you non-American non-Jap posters, go fuck yourselves
>It's the chinamen's fault that Straya was retarded enough to sell massive chunks of their clay to foreigners
Eat shit you cunt, they were sellin so Wang bought it you don't like it don't sell fucking 40% of your land mass to a foreign nation

>don't sell fucking 40% of your land mass to a foreign nation
worked pretty well in my country till the new nigger government took it all back, killing millions in the process

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It's really sad, ever since I was 13 I've wanted to fuck me an Aussie chick
But they're all junkies or whores who have bagged no less than 20 guys
And not only does it make my dick sad but their really good genetics are wasted because if they do have kids it'll be with a subhuman or some mixed motherfucker.
You guys got some of the best Dutch breeding stock to come out of the Netherlands in centuries and you shit it all away
>inb4 muh bitish oiland
Original settlers were prisoners from all over fucking Europe for fuck sake and after that it was open season on anyone willing to go there to farm/mione

Rhodes didn't buy Rhodesia for the crown he bought it for himself and used the mining resources to keep the anglo scum from taking it over

They have ONE idea in their head.

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Boomers, it's always the boomers.

Because you expect to be ableto.afford.to.live where you grew up.
>grew up in East Malvern
I flew north where houses were the price of east malvern cars.

Hello friend.

I met a guy in Boracay (party/tourist island in the Philippines) in a hostel from Australia that was doing exactly what I described.

Costs about ~$5-6 dollars a day US with drinks and food included. Plenty of Japanese tourists go there too if thats your cup of tea.

Fu asio.

They do it by engine capacity up here. 4.8 beemer costs me 980.00

We are creating service jobs. Ever accelerating our society to haves... and the nots.

yo

Ah, yes - service jobs. Those vapid vocations providing "services" to people with excess cash that can't be fucked mowing their own lawns or washing their own dogs. All well and good while people have plenty of disposable income...

Almost all of those jobs along with a shitload of hospo jobs are just going to disappear when boomers get stuffed into retirement homes.

>Auckland

It sounds like Australia could use some saving!

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Certain services will still be essential

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I would do this but I love Australia too much and dislike being around the walking pollutants that are south east Asians

That and the humidity. No thanks, I like my dry southern country too much. Hopefully the niggers fuck off home soon

>hospo jobs

already happening thanks to immigrant labour
go ask a nursing graduate if they got a job, only a 1 in 5 chance apparently

>living in sydney
>living in nsw
>living south of the tropic of capricorn
you get what you deserve, wetback

>foreign nurse

just leave me on the street

you cucks are taxed into poverty for bogan and abbo centerlink thats spent on vb and ice, as well as the impending socialised healthcare costs when darren or chaggawunba get into fistfights over a cigarette

its not much different here except we have shitskins on welfare and have to pay for their everything, you just have whitetrash

Capitalism being capitalism.

inflation due to massive amounts of lending and mass immigration keeping wages low.

it's the banks creating the problem, the chinks just feed it. so it is more the jews, what did you expect?

corrupt government on state and federal levels

Even local councils are fucked.

LearnAustrianEconomics(.com) and you'll know all about how governments make things unaffordable.

local councils will always be prone to being fucked up, because that's just the way things go, it's relativity, but if the higher levels have been corrupted too then there is no chance for the local ones to ever be in a position where corruption is properly discouraged

this entire country has been turned into a cash cow

Just be happy you don’t live in Kiwi-land.

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It isnt

Found the boomer.

Chinamen are the jews of asian people.

well i cant speak for the rest of the country but most of NSW/Sydney is 3rd world tier

Lol no they won't.

I love when people compare things to "The United States" when we are closer to 50 independent countries than one line on a graph.

There are cities/states with prices here more jew'd than even New Zealand or Australia and other places where you can buy them for nothing... doesn't really make any sense but every European I have met thinks the US is either NY, California or Texas.

depends where you live

my mom has a near million dollar house thru pushing out kids to multiple dudes and investing child support in upgrading property, she's done nothing to earn what she's free ride her only job was being a nude bar attendant, yet i can't even get my buisness of the ground due to all the centrelink requirements wasting my time with bullshit, boomers don't give a fuck about what you can offer the world they only care about what they can milk out of the younger ones, cant wait to put my parents in a home and forget about them
yea go work at coles/woolies and have your human rights infringed upon by some boomer ceo for the privledge todo so,
don't drive, then nortec cant force you take shit jobs and your free to focus on entrepreneurship
not bad, my online work isn't enough to live off in aus but in sea, hmm i would be a king.
ok we will just go hitman the pedo ring cunts running us into the ground? sounds good, yea no im not getting shot for this cuckshit.
one word, meth....
yea lets pay some fkhead to waste our time pretending to get us a job when all they do is keep there paycheck flowing and keep a monopoly on the job market.
age war when?
and this is why when commbank asked me security engineer for them i said fk ya ill take the dole over 100k trash pay anyday, im worth 20k+ gig tf u think im going to bow to some jew for chump change.

>giant poisonous everything
>land spontaneously combusts every now and then
>great place to live
Nah, I'll pass.

Fuck off cunt. Go buy a trolley full of shit and report back on how much it costs. Take this along with every other necessary expense and you've lost at least 3/4 of your average weekly or bi-weekly wage. This is (((BY DESIGN)))

Post in store prices

Fuck this country
Just move out bush and squat in abandoned properties and make your own community.

>buy a trolley full of shit
Why?

Stop buying garbage and you won't throw as much money away.

The fact is that people's expenditure grows to the maximum amount that they can sustain, and then they feel poor. The truth is that they're not poor - they're just surrounded by junk they bought that they don't even want.

Australian incomes are high and Australia's disposable income is amongst the highest per capita. These are facts. If you feel poor then maybe you are, but Australia is not.

We are, however, an unequal society. Income inequality and wealth inequality is on the rise, and this is why I suggest you vote Labor at the next federal election.

>Why is Australia so unaffordable?
Socialism/nanny state society/"free" healthcare. All that cash is gotta come from somewhere.
>taxes

The US has a general tendency to have low cost housing. NYC, San Fran, Chicago, Boston etc. are notable exceptions.

Compare that to e.g. Germany, we have a completely different housing structure. ALL our large cities without exception are expensive and people live in apartments and not houses in these cities. Cheap housing is only available in rural areas, small towns and in East Germany where apartments and houses are below US housing prices.

>Vote labor

I was going to reply to your dumb cunt points but I now know you're either fully retarded or a corporate shill.

Totally affordable.
Chinks, aka TrueBlueAussies, feel everything is dirt cheap here. They buy a house every weekend like grocery shopping.

I've always been attracted to Saxony. Is it affordable there?

thats not a Pajeet

land is plentiful in the us. housing is plentiful in the us (many unfilled and cheap) but still we trend the same way as many other countries where the higher paying jobs are located in expensive cities where some jew landlord owns every single building and demands whatever price he wants.

these ideas are not exclusive to NYC, San Fran, Chicago, Boston... its literally every major city now, in every state. It has become a ratrace to monopolize the property and demand the highest price the market can stand to pay. A lot of these cities are forced to do things like subsidized housing or "housing lotteries" for people to even be able to afford to live and the rest are forced to commute insane distances (as much as an hour an a half one way) to afford housing.

People should be rioting in the streets and killing everyone, yet.... nothing is happening. Housing is insane. The french are starting a revolution for less than we put up with. This country AND its people are a fucking joke.

Shutup you retarded boomer.

I don't understand how people can just blatantly ignore facts.

investopedia.com/articles/markets-economy/090616/5-countries-most-money-capita.asp
>Australia's household net-adjusted disposable income per capita is $33,138, which is 14.2% above the average.

>"but america has 41k"
Yes, but the average American spends 10k per annum on healthcare, insurance, etc. etc. etc. Plus inequality is higher in America, meaning that the average is more skewed to the top end than it is in Australia.

So you can see that Australia is right there at the top of the world when it comes to disposable income.

You are simply wrong. You are demonstrably, factually wrong. Your feelings are irrelevant on this topic. We can actually look up the numbers and come to an objective judgement on the relative unaffordability of living, and we have, and the results are in, and you are wrong.

I just don't get how you can persist in your nonsense in the face of this.

There are criticisms of the metric I am using, of course. I've already named the biggest one twice - it doesn't capture inequality. Australia is a relatively unequal country. But even so.

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Where in Britain are your ancestors from?

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Facts > feelings.

what year did you buy your house

I rent.

then quit being a poof and taking your ass fucking lying down

33,000 adjusted is realllyyyy poor... like your and your wife both work at mcdonalds part time for minimum wage poor

Congratulations, you have just realised that most people don't make very much money at all. The median personal income in the USA is 30,000.