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Originally Posted by leesa
I came back in to have another whinge because what you said just makes me cranky.
"propped up" the australian economy indeed.
You (sarcastically) say that mum and dad investors are rotten people trying to get ahead in life but that's exactly what they are. What a lazy way to try and get ahead in life. Creating an epidemic where people come and snap up all the houses which then makes them more expensive and it's a vicious cycle where they keep getting so much more expensive until people either can't afford their mortgage anymore or can't afford to buy a house at all.
Buy a few and then sit back for a few years while the market continues to inflate as people thrash like piranhas in a feeding frenzy to grab hold of whatever is left. No different from those assholes who take more than they need from the grocery store shelf when there's bad weather on the way. No care or consideration for what they're denying from others as long as they have more than they need.
It's a perfect example of the average lazy aussie - wanting to get ahead without doing a damn thing, just climbing up off the backs of others.
Ironically..... there's another thread here called "Australia - No Infrastructure" about how Australia doesn't have the ability to create awesome things. It's because we're lazy assholes who want maximum profit with no effort, and at any cost... even if it means stiffing every generation who is born after yours.
Now it sounds like the economy is ****ed and the banks can't move left or right without the whole bloody country falling down. Great job! Looks like the propping up worked a treat!
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Originally Posted by leesa
And like that wasn't bad enough then came the national effort to keep wages low so that they didn't also increase in proportion to the houses, just to scrape even more money out of people.
We introduced visas so that companies could claim they couldn't find suitably-qualified aussies to hire and instead bring someone over on dirt cheap wages. How many people lost their jobs? Couldn't find qualified people, my ***. More like 'couldn't find qualified people at the ridiculously low price that I want to pay'.
And whats-his-face introduced Work Choices which really sunk the boot in.
Anyway, my point is that there has been a concerted effort to block wage growth in this country. Now we're in this predicament for no other reason than the sheer greed of your average australian.
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Pity the Trump Thread is closed - you would had a cracker of a time in there
