Vic Daniel Andrews and the Statue of Limitations

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I’m still firmly of the belief that the one policy decision the Government has available to them that will have a beneficial impact is a hefty tax on short term rentals. Short term rentals do nothing for the property market but take available housing stock away and pump up returns to investors.

I’ve had countless clients ditch long term rentals in favour of Airbnb & Stayz and generate much better returns. We need to disincentive that and look to get these landlords back into the long term rental market and assist in easing supply shortages.

No government assistance whatsoever for investment properties in the short term markets. No negative gearing, no CGT discounts, all you get is the remaining capital gains after you've paid 100% capital gains tax when you sell.

Landlords in the long term rental market complain about bad tenants trashing their properties, fine, the taxpayer will pay your insurance premiums and if your property is out of action while being repaired due to a bad tenant then you will be paid market rates rent during that period (like defence homes).

As the landlord, your property has to be safe and habitable and lease terms must be at least 12mths any shorter duration can only be at the request of the tenant.

These incentives will only be available to domestic buyers.
 
How much did you pay for this stage production service?
I think it cost around $5k; tax deductible as well, and I think it did increase the selling price by more than that (got significantly over my expectations) when I did sell (2018)
 
I think it cost around $5k; tax deductible as well, and I think it did increase the selling price by more than that (got significantly over my expectations) when I did sell (2018)
Staging isn’t tax deductible but it would be added to the cost base of the property to reduce any capital gain.

There’s lot of things that are done to make properties look more presentable that owner occupiers and investors do. Another common one is agents photoshop the grassed areas in photos to make them look lush and green. You then go and inspect the property and the grass is dead and brown.
 

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Staging properties is extremely common. People lack imagination, so if they go into a property with furniture etc... they can start to see potential in the property.

How do you not know this?

I knew about it, but don’t consider it an essential service.

Also, my house has character, it doesn’t need a fake stage production.
 
I knew about it, but don’t consider it an essential service.

Also, my house has character, it doesn’t need a fake stage production.
When we sold our townhouse, the agent brought in a car load of stuff I presume she uses at every place to stage an outdoor setting (we didn't have one) and some additional cushions etc. Brought them in for photos and inspections and took them away after.

I'm not surprised that for tenanted properties who would have a lot less furniture (and worse quality) than owner-occupiers would require such a service of their agent.

I would think that for any property worth over $700k, the better staging benefit would outweigh the rent loss. Also very much depends on the tenant. A messy family would be very problematic for a sale, as would pets. A DINK situation would be probably a lot easier.
 
When we sold our townhouse, the agent brought in a car load of stuff I presume she uses at every place to stage an outdoor setting (we didn't have one) and some additional cushions etc. Brought them in for photos and inspections and took them away after.

I'm not surprised that for tenanted properties who would have a lot less furniture (and worse quality) than owner-occupiers would require such a service of their agent.

I would think that for any property worth over $700k, the better staging benefit would outweigh the rent loss. Also very much depends on the tenant. A messy family would be very problematic for a sale, as would pets. A DINK situation would be probably a lot easier.

I was surprised that next door sold their place without removing the tenant first, looking at photos he had an interesting decorating style.

But the place remained on the market for a while until finally being sold and the new owners kicked the tenant out.
 
He has an alcohol problem. He needs help. Not that it an excuse.
he was meant to get help after 2019

he's claiming innocence and the Police issued a statement saying no victim has come forward to press charges so they won't be looking into the matter unless they do
 
he was meant to get help after 2019

he's claiming innocence and the Police issued a statement saying no victim has come forward to press charges so they won't be looking into the matter unless they do
he did go missing for a while as he was in rehab, sadly it's not shocking that it's come up again
 
So here’s a new one, straight out of Utopia!

The government is denying it broke a promise made prior to the 2018 election to build two new railway lines in Melbourne’s west, under the banner, the "Western Rail Plan". It was never a promise but an “EVOLVING COMMITMENT”


 
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So here’s a new one, straight out of Utopia!

The government is denying it broke a promise made prior to the 2018 election to build two new railway lines in Melbourne’s west, under the banner, the "Western Rail Plan". It was never a promise but an “EVOLVING COMMITMENT”


It would certainly be a wiser idea to keep V/Line and Metro trains separated.

Seems like electrification on the cheap.
 
So here’s a new one, straight out of Utopia!

The government is denying it broke a promise made prior to the 2018 election to build two new railway lines in Melbourne’s west, under the banner, the "Western Rail Plan". It was never a promise but an “EVOLVING COMMITMENT”


Yeah, I was more focused on the language. Election promises are no longer promises but evolving commitments, like an evolving commitment is meaningless.
 

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So here’s a new one, straight out of Utopia!

The government is denying it broke a promise made prior to the 2018 election to build two new railway lines in Melbourne’s west, under the banner, the "Western Rail Plan". It was never a promise but an “EVOLVING COMMITMENT”


Electrification to Melton has been talked about for about 10 years less than Airport rail and about as likely as an Airport rail
 
Electrification to Melton has been talked about for about 10 years less than Airport rail and about as likely as an Airport rail

Does that involve The Rock in any way shape or form?
 
Electrification to Melton has been talked about for about 10 years less than Airport rail and about as likely as an Airport rail
Earlier than that!



This is the 1972 destination roll off a Hitachi Train. Both Deer Park West and Melton are on it.
 
I knew about it, but don’t consider it an essential service.

Also, my house has character, it doesn’t need a fake stage production.

Its not about being fake, celebrities and high-profile people will stage their home to protect their privacy.
 
It's kinda like staging for a free kick.
Only if you think staging is deceptive? When you buy a property in Australia you are buying an empty shell. The whole idea of staging is to present the property in the most appealing way. Some buyers are incapable of visualising what an empty house or apartment could look like if furnished.
 
It would certainly be a wiser idea to keep V/Line and Metro trains separated.

Seems like electrification on the cheap.
Converting the RRL from VLine services to Metro services would provide better service, but they'd still have to figure out how to fit the VLines and Metro trains (as well as the future airport trains) through the section between Sunshine and Southern Cross. They keep skimping on expanding capacity between Sunshine and Southern Cross and it hamstrings the whole western network.

This change was entirely foreseeable. Metro 2 with a new track pair between Newport and Fishermans Bend and through the CBD in a new tunnel (also carrying Geelong Services direct and faster) is the real solution and at this rate, not that much more expensive than other options for capacity in the west.
 
Converting the RRL from VLine services to Metro services would provide better service, but they'd still have to figure out how to fit the VLines and Metro trains (as well as the future airport trains) through the section between Sunshine and Southern Cross. They keep skimping on expanding capacity between Sunshine and Southern Cross and it hamstrings the whole western network.

This change was entirely foreseeable. Metro 2 with a new track pair between Newport and Fishermans Bend and through the CBD in a new tunnel (also carrying Geelong Services direct and faster) is the real solution and at this rate, not that much more expensive than other options for capacity in the west.
Sunshine to Southern Cross things are split with the RRL. Sunbury trains will enter the metro tunnel at South Ken. Melton and Airport trains are supposed to do the same. West Footscray into the tunnel has CBTC.

The bit that got binned is Sunshine to Melton.

You only have to look at the Pakenham line to see why having Vline and Metro trains share tracks isn't great.
Vline trains just end up behind metro trains no real ability to overtake
 
Its not about being fake, celebrities and high-profile people will stage their home to protect their privacy.
It's completely about being fake... If it wasn't you'd just leave your own stuff there. I'm not saying it's a bad thing, but it is fake in the extreme, trying to make your home look like a display house (I have used "home" and "house" deliberately there).
 

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Vic Daniel Andrews and the Statue of Limitations

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