nyonyamansor09

The only thing that comes second to my distaste for the confidence game that is the real estate industry, is my pure and pathological hatred for politicians. The seething anger that I feel, combined with the acidity of the words I could spew from deep within my bile duct at the moment, would burn the pubic hair off a scrotum from ten feet away. Thanks to the treacherous, mid GFC, Rudd government policy of boosting the first home owner’s grant, which was sold by the doe-eyed, “she wouldn’t tell me a lie”, Sussex Street Snake, Tanya Plibersek, we can relive a 'Brief History of Home Ownership' with Matthew Tregent and Sarah Zajac. I won't comment on their ongoing media appearances , maybe they’re under mortgage stress, maybe they aren’t, but one thing seems clear – those boosted first home owner’s grants, when rates were at all time lows, are going to take us off a cliff. Sure, yesterday I was talking personal responsibility, but personal responsibility is one thing if you’ve ...

It was an act of treachery, the likes of which this country had never seen. In the midst of a global financial crisis, investment banks were falling, countries were going broke and people were losing their life savings to scam artists. Just at this time, the leadership of the country decided to throw $14,000 packages out of the trenches, into the battlefields, and hope its most financially illiterate citizens would chase them. It worked. Thousands chased the money, chased up house prices and grabbed themselves a big debt backpack right when interest rates were at extreme lows. Of course in defending this, we found that truth was not the first casualty of war, truth became the first casualty when Kevin Rudd and Tanya Plibersek opened their mouths. Gone was the talk of the first home owner's grant causing unaffordability, now it was the one thing helping kiddies buy their own house. And most nearly anyone with a dollop of grey matter between their ears knew what the real game was - p...