Anthony Albanese - How long? -2-

[peetoo]

Looking at how our government crushes protest and unions recently..... locking up whistleblowers.... we live in one of those authoritarian states.

Which was absolutely clear during covid. Our roots are a prison colony after all

 

[Seeds]

You sacrifice your life to own investment properties.
It's fantasy to think every landlord is sitting there with no actual job living off rental income.
You would have to own 5 properties outright to be able to do that.

I work with alot of new Australians. They are the ones buying their own houses because they are prepared to work multiple jobs to do it.

It's the lazy entitled white Australians who want to own their own house by just working a fulltime job.

Im not saying we should get rid of landlords or they dont put in hard work to earn returns. They do. But the returns have been so far, above and beyond what they should of been over the last 25 years it has been ridiculous. And those excess returns have not been earned through extra hard work and sacrifice on landlords behalf. They have been obtained through governments not releasing enough land and poor tax policies. All to chase the baby boomer vote once baby boomers came of age to snap up lots of property.

Being a landlord is not a highly skilled job. It doesnt take expertise. it doesnt have high barriers to entry. The returns should be low as a result. They havent been. Those excess returns are not earned by landlords.