Lockdown

All good we need to have a laugh when this planet is so ****d up

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MickPC said..

SP said..

MickPC said..

chrispy said..

MickPC said..

I will be thinking that if humans keep sitting doing nothing with a thumb up their arses and not trying to make change for a better world while we have the perfect opportunity to do so

Well I've been trying...removed myself from a work situation that was driving me bonkers last night. I think all we can do for now is try & improve our own personal lives within the parameters of what is seemingly out of our control...

Meanwhile the far left will be dividing us with their cancerous ideologies like the current identity politics in current full play.

As opposed to racist redneck far right? Are they brining us together?


Extremist views from both sides help noone.

But in general why would anyone be against or idealogical opposed to freedom, equality and human rights.

Which is essentially the foundation of left leaning ideology?

In reality it has nothing to do with a political affiliation it's basic human decency to treat others how you would like to be treated.

The left and right bull**** is media driven division..
Most people aren't hard wired either way and would support both idealogies in certain circumstances.

Saw this which made me laugh yesterday.

Imagine being this ****ing dopey..

www.pedestrian.tv/entertainment/rage-against-the-machine-political/

haha...

Well I'm more of a centrist...I'd make a pretty funny far right racist being married to a Japanese girl for 21 years & having a lot of aboriginal cousins, neices & nephews.

There is left & there is far left m8...nothing wrong with your definition of left & I agree with your statement...

It's definatley an interesting one. Society in say what 50 - 60 years has gone from being censored / guided by the right, religious authoritarian groups to the complete other side where the extreme liberal left seems to control "censorship" and what is socially acceptable.

Two weeks in and covid stops a NRL game.

www.smh.com.au/national/nsw/outside-of-work-hours-captain-cook-statue-defacer-identified-as-greens-staffer-20200614-p552g4.html?fbclid=IwAR1Sjpq1AvU8roEkucMTBC9VDRo-wJCNZXtmTa4nLvSaN97VU37HzIl9rgk

Just bare in mind when they stat the fatality rate, the same article also states that very little testing is being done.


asiatimes.com/2020/06/indonesias-new-normal-a-disaster-in-the-making/

Can't see Aussies returning to Bali anytime soon. Fark I can't see Aussies going anywhere overseas soon.

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Macaha said..

MickPC said..
Just bare in mind when they say stat the fatality rate, the same article also states that very little testing is being done.


asiatimes.com/2020/06/indonesias-new-normal-a-disaster-in-the-making/

Can't see Aussies returning to Bali anytime soon. Fark I can't see Aussies going anywhere overseas soon.

Do you think it's a good time to invest in Bali Mick?

If you mean property m8, NO. Too easy to get ripped off & its so cheap to rent why bother. Renting makes it easy to move around in tune with the season & swell.

mick i believe it depends where you are buying. crash boom what ever.there is thousands of so called real estates experts .
my wife was listening to two flogs years ago with a plethora of investment info and portfolios.i wouldn't drink their koolaid but she did. mate they said it was all over 4 years ago.
well they got that wrong. our sale in Jan this year made us very happy.
mick I'm mouthing the phrase location location location
i can get you a two story old style 1980s home100m from a beach on a 1/4 acre bloke with access to the mining sector 2hrs away for 230k.

now buy that in sydney.

also at that price most could ride out any storm from a recession to an interest rise of 8%.. can they do that in Sydney with a 800k loan?
probably not.

Housing bubble is a misnomer.
Bubbles don't go for 40 years. 7 odd % growth for 40 years is not a bubble.

Will house prices correct?

Maybe. You need sellers willing to take reductions or peope forced to sell.. Job losses could trigger some selling. But rates are low so repayments are low too. Defaults have risen but only slightly and not enough to affect prices.

Property growth is driven by wages, Inflation and access to funds. Wages are flat have been for years, Inflation is stable and funds are still relatively easy to come by as low rates means loans are easy to service.

These have definatley changed but no sign as yet of this correction that has been coming for years now according to some.

People have been calling for the "bubble to pop for a decaslde now.

Just cause there is risk doesn't mean there isn't returns to be had. Higher risk is usually rewarded with greater profit on the other end.

As cobra said location plays a big part in any property choice too.

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Nozza said..
Daughter No. 1 has just today bought in Torquay.
There was not much sign of the property market going off a cliff there.
Quite the reverse, and major shortage of supply in established dwellings.
She can walk to the surf, and the new place has an outside shower - what more could you ask.
Loan repayments will be cheaper than the rent she was paying, loan fixed for 2 years.
She has less fear than I do, but I can't see things going catastrophic, and even if they do she will be able to ride it out.

Epic good on her.

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Cobra said..
mick i believe it depends where you are buying. crash boom what ever.there is thousands of so called real estates experts .
my wife was listening to two flogs years ago with a plethora of investment info and portfolios.i wouldn't drink their koolaid but she did. mate they said it was all over 4 years ago.
well they got that wrong. our sale in Jan this year made us very happy.
mick I'm mouthing the phrase location location location
i can get you a two story old style 1980s home100m from a beach on a 1/4 acre bloke with access to the mining sector 2hrs away for 230k.

now buy that in sydney.

also at that price most could ride out any storm from a recession to an interest rise of 8%.. can they do that in Sydney with a 800k loan?
probably not.

That property sounds really nice. If all my Australian family were not here I'd love to live there. It looks magic when I watched that show with the dog trainer bloke.

I don't trust real estate agents at all, I do all my own research when it comes to property. When my dad died a bloke was swearing 450k was the going asking price for the property. I told the family I would not accept less than 800k...ended up going for 830k

Congratz on your satisfying sale, you sold at a good time.

Just to clarify further on what I said...I wouldn't buy right now because I think there's a good chance better opportunities will present themselves within the next 12 months. But of course if your buying a home you plan to live in that ticks all the boxes at what you perceive to be a good price. Go for it...Personally I wouldn't be acquiring investment properties just right now though.