/biz/ - Business & Finance

>>55470439
cant wait until people rise up and lynch their overlords for allowing this bullshit

>>55470443
No one put a gun to their head and forced them to buy the top of an obvious bubble

>>55470443
lol.
even if they would (they wont) there will always be a literal army of people dedicated to maintaining the status quo

>>55470450
Funnily, you were given up to $45000 in rebates if you bought around covid time (which would have dropped your rates down if you were smart enough to put in in an offset). Imagine being so bad with money, even with those grants that you manage to lose your house.

>>55470443
Kek they would sooner lynch landowners with 3+ properties since thats where their hate is directed by media

>>55470443
These cunts are to blame for pushing prices so high when they couldn't afford it. You reap what you sow.

>>55470450
>no one forced you to buy a house bro lol just waste more precious years renting instead!

>>55470490
homeowners tend to be a highly organized voting bloc in most nations and are thus courted heavily by officials. Losing them due to shit like this is political suicide.

>>55470506
people are smart enough to know central banks set the rates and are deliberately trying to engineer recession to drive down wage and other cost growth

>>55470510
>you reap what you sow

yeah government crooks are going to find that out the hard way

>>55470439
>people are selling
>I don't have enough cash to buy
>I don't have enough income for a homeloan yet

>>55470443
>rise up
KEK! Did you learn nothing from covid?

>>55470439
>fat, tattoos, fresh haircut, extra protein
riiiiiiight

>>55470439
Welcome to the club, mate.
Now you know how everyone else in the English-speaking world is doing in these hard times.

>>55470439
westerners let the govts obliterate the economy with covid and other retardation. this is the result. inshallah their interest rates consume their disposable income in its entirety.

>>55470439
Imagine not thinking the first home buyers assistance scheme was just a Jewish trick to indenture more goys in the lead up to the biggest financial collapse in history

>>55470439
>not having a fixed-rate mortgage
What type of cucked pozzed shit is that? My 2.75% APR is locked in for the next 28 years lmao

>>55471341
You can't in Australia or NZ, and I think Canada.

>>55470443
>

>>55471132
Same bro.
We just have to keep saving and hope for the best.

>>55471645
I think I'll be good when interest rates drop and I expect my income to rise a lot over the next couple years.
The future is bright frend

>>55471341
2.9% for 28 more years here. But a 5 bedroom on an acre with an inground pool. 325k when we bought. Lol no reason to sell.

>>55470439

>Elites/Gov print enormous amounts of money to enrich them selves.
>when inflation hits force everyday Australians to pay for it via higher unemployment, astronomical consumer good prices, higher interests rates and lower wages

Reminder: Vote No to the voice and you'll be visited by ASIO agents for white supremacy terrorism.

>>55471341
>>55471348
Fixed rate loans in Australia are only fixed for a short period of time. Across all the banks only like 3 of them offer 10 year fixed loans and they all lock in a higher interest rate so they dont even save you that much.
The future is dark.

>>55470443
Allowing overleveraged "investors" to face consequence?

>>55470439
they were going to end up doing it anyway, who wouldn't want to sell their house after waking up with 3 giant spiders every morning? I'd even trade it for an OBAYC nft kek

>>55470443
>punishing people for poor financial decisions is bad

Everyone who bought in the last 10 years deserves to lose everything. Such an obvious bubble.