Adam @adamgeny
Engineer, Investor, Australian Real Estate Permabear. Any stocks mentioned - My opinion only / Do your own research / Not Advice Perth, Western Australia Joined October 2019-
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Mining boom unwinding - 530 jobs goneski Commodity cycle is brutal - boom and bust living in Perth and not living on mining wages is hell on earth - massive demand inflation, particularly in rental market perth trades like a volatile mining town,not big enough to absorb Influx
Mining boom unwinding - 530 jobs goneski Commodity cycle is brutal - boom and bust living in Perth and not living on mining wages is hell on earth - massive demand inflation, particularly in rental market perth trades like a volatile mining town,not big enough to absorb Influx https://t.co/rnw0HYyTYz
The rba meets every 6 weeks and has 2 days to make monetary policy decision it should be handing down its decision tomorrow will it be increasing after a 6 month hiatus and evidence of reinflation? 🤔
And they want to turn off coal power by 2030 in wa 🤔🤦♂️
trying my best to help persuade the rba to increase interest rates bought new bbq and cooked a $75 black Angus tomahawk steak
I am very confused where refugees live when entering Australia when there is such a long social housing wait list also I don’t think the priority wait list is immediate either - hence why we have vulnerable people in tents public housing investment is not lot in scheme of thgs
I am very confused where refugees live when entering Australia when there is such a long social housing wait list also I don’t think the priority wait list is immediate either - hence why we have vulnerable people in tents public housing investment is not lot in scheme of thgs
If albo spent 1/10th the time on real issues that impact a significant portion of the population than fringe issues that impact a small % of population I think I would have more respect for him sadly talking about accurate but bad issues makes you look bad in politics it seems
Don’t go to post office which does passports on a saturday esp not close to closing time went to pick up parcel and everyone lined up doing photos and passport application and verification of paperwork and only had 2 staff line was 20-30 min long
vitamin D wonder drug i Think the beach bums are on to something - sunshine a day keeps the doctor away
Wow couple in the west prepared to pay the big bikkies and still cannot find a rental perhaps the part they lose out on is not having a rental history in their name
Who’s ready for the anti immigration backlash federal election in about a years time I am - i Could not handle another 3 more years of the status quo - not worth working hard to just making do
Finally … 😂🤦♂️ i Use google search as my calc
Finally … 😂🤦♂️ i Use google search as my calc
What BS property council of Australia trying to deflect international students as contributor to housing crisis it is almost as if the housing crisis is caused by nobody 🤡 youtu.be/uP2-VHQBxIY?si…
Dune 2 was so long 😂
3 rate increases? Whhhaaaattt? The economists told me 3 rate cuts this year not long ago Dumber than dumb - the lot of them 🐑🐑🐑 Let the mortgage defaults begin news.com.au/finance/econom…
I put in application for $150 child subsidy in wa took me a bit of time to fill out and govt said will be processed with 1-2 weeks all info was factual and easily verifiable now this 🤦♂️😭
The irony of very profitable mining industry rejecting super profits tax in Rudd era and now sees writing on the wall and sniffing around for govt bailouts in expected future iron ore rout the biggest tragedy was no sovereign wealth fund from royalties news.com.au/finance/busine…
So basically my and many peoples “higher for longer” inflation forecast is proving correct once again Economists have proved wrong again with their forecasts worse than the weatherman‘s my main issue with economists is the blatant groupthink 🐑🐑🐑
What is happening guys? gold coast now Melbourne quarterly falls sky is falling in vibes 😂🤦♂️
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@adamgeny I know people with PHDs that are picking boxes in warehouses
Bold of the NewsCorps to assume we’re all levered long hooms.
Graduates that end up driving Uber, trucks, Cleaners, 7-11 attendants. OH well atleast rents are up for all the politicians hooms. Back when my parents moved to this country you had to bring something to the table... Now you don't. Zero value
When will Australian politicians govern in the interests of Australians? Because Labor, the Coalition and the Greens do not seem capable of doing so. macrobusiness.com.au/2024/04/coalit…
@adamgeny @solo_dio_ I own 4 town houses there. I let rents go front 280 to 430 back to 280 and now to 600
@adamgeny @solo_dio_ Comedy. A representative of the real estate institute telling people property prices could rise? 🤡🤡🤡
@adamgeny @solo_dio_ I could be wrong but I have not seen Albanese even try to address this and the homeless, yet he is supposed to be our leader supporting all Aussies. Building more houses is a loser option. How can any PM be satisfied with this disastrous situation, created by his own Government
@nascentjude @adamgeny @solo_dio_ Yes, I well remember this happening. Perth was almost as expensive as Sydney and then the whole thing imploded for a while - then came back - then flat-lined between 2015-2020.
@adamgeny @solo_dio_ It's getting into insurrection territory
@TrueBlue_76 @adamgeny @solo_dio_ " own " australian vernacular I owe 80% to a bank That place is a shithole make that the whole cuntry. Meanwhile they are all crowing about thier unrealized gains on social media . Australians really are cringeworthy
@Sebsez @adamgeny @solo_dio_ Agreed they should bump it 20% and wipe out the market, like ripping off a bandaid hey panski
@adamgeny @solo_dio_ At this stage Adam, I think Camillo is out of your price range. You might have to start looking at Jarrahdale/Serpentine 🤣
I hate everything about this. afr.com/technology/lab…
@adamgeny Overleveraged property owners awaiting their fate 😆Spoiler alert; rates going up
Why are the Liberals so retarded?
Four months into office, Argentine President Javier Milei has pulled off a critical feat in a country long ravaged by runaway inflation: He stabilized the currency, per Bloomberg.
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