Lindsay David @linzcom
Views my own Sydney Joined January 2009-
Tweets5
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Australia much closer to a rate rise than a cut right now.
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Number of boats for sale on boatsales.com.au 5/22-11,320 9/22-11,469 12/22-12,652 2/23-13,084 3/23-13,723 4/23-14,775 5/23- 14,740 6/23-14,891 8/23-15,175 10/23-15,090 11/23-15,114 12/23/15,089 1/24-14,797 3/24-15,858 Today-16,427
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44K Followers 22 Following memes for high net-worth individuals (or soon to be) 🥂@linzcom yep, a lot of so called experts and analysts don't understand the severity of the problem, subsidies have reduced headline inflation number, inflation rate is much higher
It was @linzcom and I who first revealed the federal politicians property interests in 2014. And yes, it is a major reason why nothing gets done about making housing affordable. They ought to be forced to sell off all their investment properties before they enter Parliament.
FACT: Many of the politicians that support mass migration have multiple investment properties. While you suffer higher rents and house prices, they enjoy higher rents and higher house prices. It's time to balance the housing market again. #Pause24
@PhilipSoos Where has @linzcom gone? Account seems mostly wiped.
@linzcom This is absolutely shameful. I missed this story at the time. There’s all this apologetics going around like “we didn’t know better”, “locked downs were the science” etc But everything should be on the table at an inquiry?
@linzcom Interesting thought experiment. But a 3% annual asset tax is huge, cut out the "just". CGT plus a 3% asset tax would mean that (probably more than) all of the real return from all the property in Australia ends up in government hands. It's swapping one big burden for another.
"Instead, Anthony Albanese and Mark Butler stood up and treated the Australian people like idiots." They've been doing that for a while now
🎯 “…so utterly disingenuous and patronising that the government would have more credibility had it just broken its promise altogether and done nothing. Instead, Anthony Albanese and Mark Butler stood up and treated the Australian people like idiots.” afr.com/politics/feder…
@linzcom Exactly my thoughts today. This inquiry will run for 1 year. If it comes back saying that denying the right of citizens to leave and return to their country is just and necessary in case of another pandemic, then I am packing and leaving. No way I am enduring this torture again.
Lockdowns, school closures, vaccine mandates and state border closures appear to be exempt from the Albanese government’s long-awaited inquiry into the COVID-19 pandemic #ausbiz #auspol afr.com/politics/feder…
@linzcom The paper value of that property would of course collapse once encumbered by that tax.. undermining the revenue it’s meant to raise. not that property/land taxes are bad, but theoretical revenue of asset taxes can be very inflated without consideration that assets price in taxes!
@AvidCommentator @linzcom Another way of looking at it. Lag core inflation by 9 months (to allow for wage effects to work thru). This suggests the only cuts that looked 'odd' were those Sept '08 to Jun '09 (GFC impacted).
@linzcom Yep, they have been trigger happy cutting rates even when underlying inflation doesn't warrant it. This is part of why I think there is a good change they will out dove the Fed in the end.
@linzcom Been here my whole life. I firmly believe the peak for Melbourne was around 2006 to 2010 at most. Since then, rapidly down hill. The increase in homeless has been very very fast.
@samstrades @linzcom Same here, was lucky enough to be away. Got back a month ago. Not really the same place. Obvious decline in actual quality of life. The ones that were here all through can't notice it; Just take it as it is.
@linzcom good job mate, i agree, i travelled to more than 40 countries, wasn't easy due to some restrictions but glad I left and wasn't here during those two crazy years, strict lockdowns in Oz were insane
@linzcom Gas went from like $1.90 to $2.30 per liter over night this week.
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