When I woke up this morning having somebody's boot in my mouth I knew that something went wrong in the Galaxy.
When I realised that this boot was bitten through and there was somebody's blood inside it - I understood that my evening sermon about fighting sin, vice and evil is inevitable. Something is out of balance in the Universe.
One leap to the computer - reading news - and here you are. Why media bothers to print lies when half of the people know what really goes on and another half does not give a damn?
Housing bubble yields billions in profits
Housing market ‘bloodbath’ is looming
I love reading this kind of nonsense. It gives me a feeling of intellectual superiority. Since 2003 the crowds of prophets worshiping the false God of "Housing bubble burst" aka "property crash" are dancing their shaman dances, beating the drums made of skinned "negative gearing" and casting dark spells.
Google "Steve Keen" "Edward Karan". One went to Mt Kosciusco on foot from Sydney (was a mistake that he did not have do it naked). The other one has disappeared. Both predicted "property crash in 2008".
When religion is involved, logic is totally redundant. This sect does not want to understand a simple things - like that something that is not in oversupply can not go down in price. Or that AU banks never did "substandard lending". Or that when US and UK (Spain, Greece) were building like mad, our intelligent Reserve Bank strangled all non-mining economy with the highest in the world interest rates.
I do get that there are "plenty of losers around" and "misery needs company". Anywhere, in any capital city of Australia in a radius of 200m you can find the worshiper of "housing bubble". Just simply a whinger incapable using a calculator. Struggling to "save a deposit".
At the same time unable to calculate how many "deposits" they get up in smoke and flush down the toilet. $15 for lunch? What about getting up 15 min earlier and making sandwiches at home? $5 for a coffee? What about $10 a kilo for coffee beans and 5 mins to grind and make your own? Barista makes better coffee? Do you need a PhD to make a good coffee? $20 for pizza delivered? Sorry to disappoint you, but I will make a pizza from scratch faster than you get your delivered one. $3 worth of ingredients. Can't do without sipping beer every second? What about brewing your own? Smoking? How about growing your own tobacco instead of paying $15 a pack?
Did you notice I do not even suggest changing any habits. Please keep all your terrible vices, only make them more affordable. Just sacrifice the time that you currently use to enlarge your bum sitting on a couch yapping about nothing.
This is all about average bloke or sheila. But what possesses people (supposedly with some education) to write the rubbish?
For quiet a long time I was deluded by the thought that they just read too much of "Mein Kampf". But this morning penny finally dropped.
When I was reaching for the pieces of rubber and leather from between my teeth, I finally realised -
They are not readers, they are writers. They most certainly added a chapter each to "Mein Kampf" before indulging into writing about property.
That perhaps would be enough rattling about the pleasant things, because the distance from "intellectual superiority" to the "world dominance" is surprisingly short. Before you blink, crowds pull you from your wormhole and carry you to the throne on their shoulders.
Luckily, there were some unpleasantries in the media lately reminding me of a grim reality - namely that there are people far more intelligent than myself.
Like this one:
Tells that we are not that expensive by any measure. And the ratio of rent to price is 40% under long term average, i.e. Australia is REALLY UNDERPRICED. Long way to go even to the smallest of the bubbles.
Or this one:
26 years ago people did not know that property was absolutely unaffordable, they were buying when they could whinge (like today's losers).
Or this one:
Mining boom over, mines are closing, "long dollar" chasers coming back from mining villages back to capital cities. Need somewhere to live.
Everybody knows how much I like talking about myself. But this time evemn I got bored. So - finally - some good news for everyone.
Not exactly. Those who still have not bought a home - it is terrible news.
Adelaide property price growth outperforms all other capital cities
Not exactly. While it is certainly correct statistically, just ask me one question:
"Where would you feel more safe - next to RP Data interpreting statistics or next to the monkey playing with the live hand grenade?"
Answer - monkey with the hand grenade is much safer. If pin is pulled you still have 3 seconds to hide.
1.7% "decline" for Sydney and Melbourne? Yeah, my rectum. Auction clearance rates steady above 80% - means about 30% yearly capital growth. What has happened - "poorer buyers" started to flood the market. Most of the sales now happening not close to the City, but on outskirts - hence the "decline".
Good news (not for all) for Adelaide. Buyers (investors) moving to cheaper areas with better rental returns (of which Adelaide is a champion).
And the summary. If you see (read) someone pronouncing words "property bubble" - take shelter, spread the hand with crucifix at front of you, sprinkle them with holy water. Otherwise you might be destined for the grim life without holidays, depression, credit card debt and boring corporate parties. Remember - government wants you to die at work.
Oh, yes. Again about me - getting old and forgetful. Please do not indulge into the sin of pride (pleasing people you do not like)
Melbourne mansion owners accused of putting on facade for neighbours
Again and again - if you do not combine other sins with adultery - something is wrong with you. May be you are a weak person -involved in yielding yourself to the temptation to deny yourself a pleasure.