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gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
The founding document stuff was funny but the best bit was where they briefly (before the post was edited) told Recoome to “die in metho and drink a bunch of custody”

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gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Paracausal posted:

Weird that these guys also seem to subscribe to these other gems;
+ Putin was forced to invade Ukraine by NATO
+ Boris Johnson directed Ukraine to not pursue a peace treaty with Russia
+ Zelenskyy was installed by the CIA through a coup not a popular revolution
+ Slobadan Milosevic was unfairly attacked by NATO
Etc etc

So tankies basically

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
If I was a billionaire with a superyacht I can think of plenty of better and more fun places to park it than Sydney

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

SecretOfSteel posted:

Luckily that show's been canned. Lasted way longer than it deserved, who the gently caress could stomach an hour of listening to someone like Vandstone?

Sky News subscribers?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Is there anywhere to actually put new schools in those areas? Wouldn’t nearly all the land already be used for other poo poo?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Cartoon posted:

With the decline in bricks and mortar retailing there should be plenty of disussed shops to repurpose. The problem is the disconect between local and state planning.

They are typically small lots scattered throughout a suburb rather than a consolidated pocket that could be converted into a school.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
https://www.youtube.com/watch?v=1Zn_a2lKBmo

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

GoldStandardConure posted:

god drat it i was hoping to go to brisbane to watch the climbing in 2032 (assuming the world is still around then)

Yes, but the climbing will involve scrambling up a burning gum tree to escape floodwaters

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
I didn’t read the article but it seems to be saying the LNP are calling for greater protection for LGBT students? That seems out of character

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Some things are better off composted rather than recycled

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Wasn't the point of calling an election to get rid of a hung parliament?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Legalise drugs so the festival organisers can sell licenses to deal at their events. That poo poo would print cash.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Snowglobe of Doom posted:

I used to get a regular gig with some guys I know at the Boogie music festival up in Tallarook, roughly 100km north of Melbourne. It was a real pain in the rear end to get our stuff all the way out there, better transportation would have saved us a lot of pain

(A bike path wouldn't have helped much, though)

Just a quick ride over the dividing range, no biggie

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Rust Martialis posted:

Is there some naval base to convert into ferry parking nearby?

No, the naval base has been earmarked to be converted into megayacht parking

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Hopefully they can leave behind a bit of uxo to blow up a few billionaires

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

JBP posted:

This doesn't really compute compared to the number of home owners imo

If you include the landlord's mortgage it's closer

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Day on the green still does shows everywhere Bucky what the gently caress are you on about. A couple of festivals got canned but they’re run as businesses and businesses sometimes poo poo the bed. It’s not some catastrophe that requires a 10000000 word medium article to fix

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Bucky Fullminster posted:

the turnover in this industry is far higher than average. That's obviously due to a number of reasons, and each event is different.

Got a source for that champ?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Bucky Fullminster posted:

For which bit? The turnover? Look at the graveyard man. How many festivals that were around 10 years ago are still around today? How many festivals around today have been around longer than 5 years?

How can you claim it is a disaster or whatever without comparing to other industries over the same period?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Dunno if there’s enough builders line in the country to measure out a festival sized grid

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Meanwhile, half the east coast is on flood alert

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Surely you could get a bag and a cheap hooker for the night for $750

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

JBP posted:

*Rearranges spectacles scholarly* no I don't think so.

Show your workings

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

I would blow Dane Cook posted:

What are the seats that the Greens are aiming to pick up next election? I assume there is someone here who would know.
There’s a couple of ‘safe’ ones with a high Muslim population that the greens are having a crack at while Muslims are pissed off that it took Israel killing a white person to get the ALP to change their rhetoric on the war.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Donors?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Are the ABS usually pricks to deal with? I've had to deal with them at work this week and they've been loving rude about some surveys they want done. It's not like I'm sitting around twiddling my thumbs waiting for a survey to do, but some fuckwit kept talking over the top of me about how if I didn't complete this poo poo we'd be breaking the Census Act and the Statistician General or someone would write a letter demanding the info.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
The Age is reporting he had mental health issues, used meth and psychedelics, had a fascination with knives and frequented the strippers.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

JBP posted:

Vindicated on glass bbq once again.

I mean meth is the root of a lot of hosed up poo poo so it wasn't much of a reach

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Channel 7 keeps on winning

https://www.theage.com.au/national/...414-p5fjoo.html

quote:

A young Sydney man mistakenly identified as the Bondi Junction killer has hit out at those who “mindlessly” propagated the misinformation, including the Seven Network, saying it was distressing that so many were willing to spread the unverified claims.

Ben Cohen, a 20-year-old student at the University of Technology Sydney who lives in the eastern suburbs with his family, was misidentified as the person responsible for murdering six people at Westfield shopping centre in Bondi Junction on Saturday afternoon.

Cohen was named as the killer on social media, in particular on X, from about 8.30pm on Saturday. His name was soon trending, with thousands of comments, many of which drew attention to his Jewish identity.

The misinformation was then broadcast by Channel 7 on its YouTube channel in a promo for Sunrise. The network described him as “40-year-old lone-wolf attacker Benjamin Cohen”.

Hopefully he sues the poo poo out of them

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
The Lehrmann judgment is being announced now

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
How is she alleging people defamed her?

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
I thought the hun would have tried to paint him as a victim of woke judges or something

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
This priest that got stabbed sounds like a piece of poo poo

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
The ABC was quoting someone as saying the legal costs will probably bankrupt Bruce Lehrmann so that was nice to read this morning

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Synthbuttrange posted:


dont forage mushrooms unless you're absolutely sure about what you're doing!!!!
Nah, it’s pretty easy as long as you remember ‘Stains of blue, have a chew’

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
Negative gearing is in line with other tax deductions in that you deduct from your income any costs of getting that income. I don’t think it has a massive impact on the decision to invest in property but if you took it away from people who buy existing properties you would funnel a lot more investment into new builds.

I think the CGT discount is the big driver of investing in property, and reverting back to indexation for existing assets would be a great incentive to invest in new builds.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS
I feel like we’re witnessing the metamorphosis of a union organiser into a liberal voting landlord in real time

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

CAT INTERCEPTOR posted:

I don't have a huge issue with a mum and pa having a single rental property. I have a huge problem with shitheads gathering up large portfolios and commercial residential landlords. gently caress off with the housing is an investment bs that is ruining affordability

Those guys are often the worst, it's rarely some cute little ma and pa and mostly waspish karens indignant that 'their' renter wants a toilet that flushes.

Blamestorm posted:

We're seeing the convergence of a number of long term trends and policy settings contributing to it being absolutely broken.

First, there were actually fewer houses/apartments per capita in the 1970s but society has radically changed in terms of how many people live in the same house - fewer kids, more divorces/single parents, people living longer (and outliving a partner longer), fewer intergenerational households. So social and demographic changes have significantly affected housing demand. People living longer has also meant holding onto property longer in the inner cities.

Second, as discussed in the thread, policy settings from the Howard era (reinforced by inflationary state policies such as first home owner grants) have incentivised housing as an asset class for wealth accumulation. This has also affected construction and renovations as people have invested large amounts of capital to improve the value of rental/airbnb housing (especially obvious in coastal towns). State policy settings are also not great in their emphasis on stamp duty over land tax, which rewards people for hanging on to expensive property.

Third our retirement system is brutal against people who don't own a house, so there is a lot of pressure to get on the ladder for long term security (or cash out super - again, this drives prices up).

Fourth urbanisation and the hollowing out of regional towns. The global generators of economic growth and culture are the big cities and everyone wants to be there. It's also one of the most important things you can do to improve intergenerational mobility - take your kids and move them to a big city with good schools / connections. As other forms of social mobility have flattened out, moving house to desirable areas with high socio-economic communities remains one of the most desirable methods for lifting social status and opportunities for children. This further increases the value of inner city suburbs, which also cascades out. Note this is one of the key drivers you can see inflating housing in most OECD countries.

Fifth the decline in price in almost everything else. Clothes, food etc is MOSTLY a lot cheaper than it used to be in real terms compared with several decades ago. You can go get several outfits at kmart, everything you need for a kitchen etc for negligible amounts of money due to globalisation and cheap labour in the developing world. This means people have more disposable income to sink into housing (which again, is perceived as a much better way to build status and wealth than spending money on more or less anything else). Another global problem.

Sixth, the most desirable places to live in Australia are also some of the most desirable places to live globally. If you're rich, Sydney is one of the best places to live in the world - safe, great weather, great quality of life (if you're well off). This puts constant pressure at the top end which cascades down (including again to construction and property investors - they want to target the big fish with new housing). Another global problem in big desirable cities (SF etc).

Seventh, the design of our cities, appalling urban sprawl, NIMBYism and terrible urban planning at every level of government, including for infrastructure. We can't often just dump more housing in urban infill because our planning mechanisms are inadequate to also lift public transport, schools, hospitals at the same time so existing services don't get overloaded. I was reading about how some schools in Perth are massively overloaded because new housing plans weren't aligned with school planning. Then you can see the horror of new estates at the fringes of cities - hours away from the desirable jobs / nightlife / culture / people, completely lacking in green space and unprepared for climate change, lacking in basic infrastructure/services, etc. Total planning/regulatory failure. Aged care is also broken which means people want to grow old and die in their giant house rather than get put somewhere worse than prison.

Eighth, culture- amplified by all of the above and the lack of political leadership or vision at state and federal levels - all our home reno shows, the centrality of housing to Australians life and plans, how much media/TV is linked with property advertising - "the Australian dream". Holding on to big houses in old age. Older voters still have more influence in our political system (although this is changing) and despite often huge amounts of wealth locked up in housing / superannuation refuse to believe they will die or want to hand over millions to their grandkids (as we are one of the few OECD countries with no inheritance taxes) and are resistant to things like reverse mortgages or downsizing (although to be fair, appropriate stock for downsizing is also super limited).

So yeah basically lots of converging trends leading to a broken system. The ideal would be to really rethink our cities and how we live to encourage a more inclusive and fair system - but this is such a political hot button I have a hard time seeing revolutionary change. Mid sized cities such as Adelaide, Canberra, Newcastle might have more opportunity to shift gears than somewhere like Sydney, which seems colossally broken simply because somehow people can afford median house prices approaching $2 million over the next 3 years, which given average wages/wealth demonstrates the broken incentives we have in the system to permit that kind of expenditure.

edit: People have been talking about a housing bubble popping my entire life so I'm very dubious it can or will happen. Places like Sydney, San Francisco or Vancouver just seem fundamentally broken and I have no idea how all the people critical for maintaining a minimal quality of life in a big city (teachers, nurses, tradespeople, retail workers, restaurant staff etc) are going to be able to afford to live and work in somewhere like Sydney in ten years time based on current trends - I can't even understand how they manage to do it now! So surely there has to be some kind of correction. But as I said, I've been waiting for that correction for twenty years and it never happened.

edit 2: Timely: https://www.abc.net.au/news/2024-04...ce=abc_news_web - "Just 13.4 per cent of rental listings across the country are affordable for a family of four with both parents on a full-time minimum wage and only 1.8 per cent are affordable for a single parent on a full-time minimum wage."...

I think the bubble will pop eventually but there's going to be a lot of effort going into keeping it going because the consequences will be dire. Remember we had that little blip in the house prices around 2018 in the wake of lending standards being tightened after the royal commission? That caused a big reduction in household spending because falling house prices made people feel poorer so they spent less. No politician wants an actual crash and they'd probably legislate super funds buy houses to prop the market up or something before letting it happen on their watch.

People invest in houses for the capital growth and mathematically there's only so much it can go up before it sucks every last bit of capital out of the economy to keep it propped up. The higher it goes the more it becomes a political issue because you have a greater percentage of voters unable to afford one.

IMO the big change that is needed for a sustainable housing market is to change the incentives (e.g. CGT discount) and the mindset around housing so it is no longer seen as a growth asset (like shares) and instead treated as a defensive asset which maintains it's value but is predominantly used to generate income. You probably need a rental yield of between 5-10% for that to be attractive (similar to bond interest) which on current rents would translate to a roughly 50% decline in house prices.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

I would blow Dane Cook posted:

I wonder to what extent the housing crisis will accelerate the shift away from the major parties. Will it be a couple seats each for the greens and teals or something more dramatic. I wonder if the Tasmanian election result is a sign of things to come.

I don't know the actual numbers but it is already having an impact. Something like 1 in 5 newly registered voters support the LNP and I'm certain housing plays a big role in that.

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gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

birdstrike posted:

It was everyone thinking BILLL would win in 2019 and change the cgt discount / negative gearing and when Morrison won prices went back up

That was in part because they pressured APRA to relax lending standards again.

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