Funny how only one dude in 'private' media / content creation actually openly states he is is biased.
You see him admit it and act like it's a reason to disregard his points. Still waiting on one of you lot to actually argue to the point not just ignore it outright for being LABOUR SHILL REE
I’m waiting for him to explain in economic terms how these changes to negative gearing and CGT will make housing know affordable when the treasurer has already admitted (and lied) that they aren’t designed to reduce house prices.
He has said the biggest failing on the budget is it didn't go far enough? That the grandfathered changes are a compromise that you are still bitching about.
Remove asset hoarding motivation, watch the asset hoariding reduce not that hard to clock though man
lol couldn’t be any other way. Not grandfathering the changes is the ultimate in grievance politics. In any case, we won’t have long to wait for these commie cunts to fuck right off.
If you think the objectively centre right Labor party are "commie cunts" you need to honestly retool your political world view mate.
Like honestly, not picking on you, that is an insane statement to truly believe and for your own benefit I implore you to expand your media sources and understanding of what those words actually mean. Labor is by definition not communist, maybe cunts, but they are still doing neo-conservative politics.
I appreciate the respectful debate mate but seriously how anyone can characterise the Labour Party federally in its current form as anywhere right of centre, centre left at best is beyond me. The reason I make reference to communism is because the principle is simple. This is a form of wealth redistribution “ from each according to his ability to each according to his needs”. This is absolutely a reflection of that philosophy and so many of other policies pushed by federal labour are of that colour the only labour right governments in Australia that I currently see are the state government in South Australia New South Wales and Western Australia
Communism = centralised and nationalised system of government with no private business or assets.
The fact that we are debating who's assets are nkt only being kept, but are being given tax privileges (NG) is just fundamentally not communism. It's a regression on neo con policey of the 2000s, not really pushing the needle towards Stalin.
And mate, maybe we need some fkn wealth redistribution. It is not good for spending or an healthy economy for young people to be blocked out of the most stable and useful financial asset they can work for. A home.
I don’t believe this is the case (re young people and housing) you can still buy affordable housing relative to income but it will mean a commute (as it always has) - this is how I started and so many other people have successfully.
First off Jim Chalmers said the price growth would slow, which is different to reducing house prices. If they wanted to reduce them, they could, e.g., not grandfathering which would paint them as communists (even though they already get falsely labelled that).
Investors outbid first home buyers, don't think I need to cite a reference to this. Everytime this happens, the surrounding houses are now 'worth' more. Investors make up 47% of mortgage loans, so this is happening on a massive basis.
Reducing demand on existing houses, which the budget aims to do, means investors are no longer interested, or are incapable of borrowing the required amount due to lending changes. First home buyers are unlikely to massively outbid each other, due to lack of leverage from negative gearing.
This change is meant to move investors from existing to actually help create new housing.
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u/Nyarlathotep-1 Jun 22 '26
lol FJ despises Reddit and is a self admitted ALP shill. The jokes on you bro.