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Breaking News: local investor "devastated" after decade of doing absolutely nothing nets them $400,000 instead of $407,000 (aussie.zone)
submitted 4 months ago by to c/ausmemes@aussie.zone
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Source: House You.

House You campaign meme in style of newspaper column - BREAKING: local investor "devastated" after decade of doing absolutely nothing nets them $400,000 instead of $407,000. Sources say the house hoarder was "up all night" after their fourth investment property dipped in value by 0.7%, a loss they described as "basically the GFC". Meanwhile, renters, essential workers and single parents continue to not own a single home, despite working really hard and doing everything 'right'. Experts have confirmed this is not a housing crash. It's just "the number stopped going up as fast" and it happens when the tax dodge that's been inflating prices for 26 years is finally reformed. Investor demand is dropping. Prices are easing off the accelerator, even if just by $7K. Nobody's losing their family home because of this tiny dip, you couldn't even call a speed bump. The only people panicking are the ones who forgot housing was supposed to be shelter, not a money machine. Much more work to do. Rental controls, public housing and legislation that ensures housing is treated as the human right it is are required. More to come. We won't stop until everybody gets a house
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[–] 2 points 4 months ago

Actually from what I've observed it's mostly conservative nutters who are complaining about this.

The people I've heard complaining are those who complain about everything Albo does.

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