

This is how the news for corona virus started. Only to find out China had been suppressing it and it was much further along than anyone else knew.


This is how the news for corona virus started. Only to find out China had been suppressing it and it was much further along than anyone else knew.


I’ve never had the opportunity to own a home so idk the ins and outs of it all, but at the rate the property prices are growing I assume it’s profitable at sale time. Houses are the investment to have in Australia, and the government is doing everything it can to prop up the value of the investments.
A quick look at the tax office info tells me you have to pay capital gains tax on property you have used as a rental, but it’s discounted by 50% if you owned it more than 12 months, and can be offset by capital losses - in this case your negative income from the rent can offset a good chunk, if not all of it. And as far as I can find CGT is the extra fee for selling a house you never occupied.


I think they’re banking on the fact that property prices continue to rise at exponential rates, while taking advantage of negative gearing - which is a big contributor to the housing crisis.
Essentially, operating a rental at a negative income rate allows you to offset the “loss” against other tax obligations like your income. So they’re probably breaking even, or at least saving taxes/paying zero taxes, and the house will be able to be sold for a huge profit in a couple years. Labor (our major left wing party - more like centre right these days) lost the election pretty hard a few years ago when they tried to end negative gearing. It was the talking point of the right back then and it worked because all the boomers and well off have investment homes.


Building/land developers. Husband is a software dev and we still can’t afford a mortgage in Australia lol
The house were renting for $700/week was built in 2014 and sold for $215,000. Current owner lives on the other side of the country and bought it two years ago for $890,000. We’re in a rural suburb 60km from the city.
People were looking forwards to it?


Are you trying to tell me the old ones don’t listen already?


Things started out free and ad free. Google for example started ad free and proudly started that fact. Now it’s become a core strategy for them. Release a new product, get it on everyone’s devices then load it up with ads.


That’s… The point of the post. They’re talking about ai specifically, but everything is monetized these days. Including people chatting with each other online.
Are people still fans of corporations these days?


Funny, America laid off all its air traffic controllers and has had to close airports due to the lack.
I have a hairy chest and a beard that grows back to full from clean shaven in a month. I do not shave. I still do not have anywhere near as much hair as that man.
Genetics are what’s stopping 99% of men from looking like that. That’s insane.
I used to work in a whiskey bar and the amount of times women would come in and get all upset because “whisky makes me depressed” and “gin makes me sleepy”, “why do you only have one vodka?”.
Bitch. It’s fucking ethanol. The only difference is the flavour. Drink the one vodka we have or go to a different bar. It’s a whisky bar.
Yes, I understand the joke in the op, I’m just easily triggered and have hospitality related PTSD.