Australia - third world country?

You lost the power because you squandered it. You wasted it for personal gain. So since you sin against the word and God. You will forever be forsaken.

"bcnichMEMBER
June 21, 2020 at 6:59 am
After hearing Daniel Andrews reversing and delaying the easing of restrictions, this is a disaster for the VIC economy
Small business closure
No visitors
No immigration
The list goes on
VIC economy (Melb) is about to go off a cliff
In a few months once the current prospective property buyers dry up, there will be very minimal buyers around going forward
We talk in theory about a property price crash in Australia but when it happens it’s very specific to certain areas
Melbourne has been so overpriced relative to other great spots for a very long time

If any from Melb could help me to find some new interests in Melb
I used to go to the pub for a few drinks and a laugh, go to the footy, go out to restaurants (most will be closed)
So if all sporting venues, restaurants cafes shopping plays theatre no spring carnival no Grand Prix no Tennis open etc
What is there to do in Melb ?? Why would anyone come here, only 5 family members allowed to gather so extended family can’t visit
Add in the no immigration and add in net net leaving VIC
No international students
No tourism
Pencil in 50% price falls Melbounre property this time next year, Melb will be level with Brisbane prices in 12 months , this is guaranteed now. There is no valid argument against

And you can’t make the statement Aust property prices will fall 40% because some great areas will do well

Don’t even waste your time looking at any house price index

Melbourne will be in full blown economic depression in H1 21
I’d say if we look back on Melb 2021, it’ll be multiple times worse than 1930s

Melbounre truly is facing Economic Armageddon"

Look at their sidewalk and bike track. It looks like African. This is in their city of BOONDALL near Brisbane.

Good information in this thread , but Op you’re a real jerk . You’re typing on a keyboard, doubt you’re so rude in real life.

Australia is a prison/re-education boat you call an 'aircraft carrier' that is full of planes and prisoners.

It might be but thats not the topic so please feel free to start your own thread if you want to discuss this topic.

This topic is about Australia and in particular the video and the "elite" "old money" "rich" suburbs depicted.

Your third world apartments are third world and there are at least 4 big ones with cracks and scares and evacced and about a thousand with third world cladding

[link to www.macrobusiness.com.au (secure)]

Nothin to see

[link to www.macrobusiness.com.au (secure)]

You are home to third world crims

[link to www.macrobusiness.com.au (secure)]

"What is this really about?

The Hong Kong criminal class (which is the vast bulk of the Chinese there – either HK or mainland Chinese born) whipping up a seperatist smokescreen.

They are protesting a proposed ‘extradition treaty’ with China.

Hong Kong has extradition treaties with other countries
China has many (40) extradition treaties with other countries including in Europe.

This is all about the Hong Kong criminal Chinese hiding behind the facade of ‘Hong Kong independence’ (no such thing) to protect their looting of China & their dirty money laundering.

-> Imagine the blood on the streets in Australia if we ever signed an extradition & proceeds of crime treaty with China. (Or HK)

And to the theme of MB / Houses & Holes it goes right to the heart of our so called housing bubble.

( a housing bubble almost exactly correlated to the pattens of the migrant influx and the type of property the foreign criminals acquired as both a safe haven & cash flow inco

–

$80 billion looted out of China, and via HK and washed into modest Australian established housing.

Over 500,000 ex Australian established modest houses & units bought with Chinese dirty money.

Not the fancy mansions that gets the media attention or new housing that is explicit foreign investors.

Nope – the vast majority are little old 2 bed walkup & tower blocn units & small humpy little houses out west.

Bought with the dirty Chinese foreign criminal syndicates for both ‘safe haven’ & cash flow’

Bought via a local Chinese PR proxy to avoid the FIRB and to run as migrant guestworker cash in hand sublet bunkshare.
A little squalid unit in Burwoo or Rhodes or Mascot Square, or some old run down fibro humpy in Granville.

With 6, 8, 10 fake foreign students or 3 migrant families as the tenants – paying some $1,100 – $1,500 cash rent a week.
Only $400 or so declared.
The other $1,000 a week going back to the Chinese criminal syndicates.
The local PR proxy claiming negative gearing.

How many dwellings like this?
In just Sydney or Melbourne well over 400,000.
2 decades of low end / first home owner level housing gobbled up by the Chinese criminals.

And the tenants?
Half the 1.9 million PR – third world unskilled old &useless, most on welfare and renting invariably from a ‘Chinese’ owner / landlord.
So there is 800,000 or so – mostly in Sydney or Melbourne.

But the vast bulk are the 2.3 million of the 2.561 million third world unskilled TR who rent – some 2.3 million in just Sydney and Melbourne alone.
-> That’s 3.3 million
93% in ‘private shared accommodation’ (ABS)

Say 3 million in Sydney & Melbourne.
At x 6 per dwelling
That’s = > 500,000 modest small established units & little old run down houses – now foreign acquired with dirty money via a local proxy and used for migrant guestworker slum share.

Where do the MB readers think the 2.561 million TR Guestworkers all live? And how?
Who do you think they pay rent to?

They live in vast migrant only slums – foreign owned & now ex Australian modest housing – that now stretches from the CBD to the south (mascot) and way out west like a set of chancres on our city. Same in Melbourne.

Go out west – its all on display / if you want to see it.

-/-

An Australian China repatriation treaty and ‘sharing of proceeds of crime agreement’ would see the criminal Chinese panic & flee the local market.

Tens of thousands, maybe hundreds of thousands of Australian dwellings bought with Chinese dirty money would be seized & sold. China would provide the information on the criminal Chinese – their property and other assets seized, & sold.
The proceeds of crime then shared with China.

The Chinese criminals & proxies repatriated back to China?
Most of the 1.3 million Chinese mainland born communists in Australia are on a PR or TR as Chinese Nationals. Less than 1 in 5 (18% or 238,000) are actually Australian citizens).
At least half of these Chinese mainland born communists are Hukuo underclass petty criminals and undesirables and many can also be exited back.
And all of this is long overdue.
They should never have been allowed in.

Housing impact?
Our low end / first home buyer housing in Sydney & Melbourne would drop some 75% in price.

That small 50 sq metre 50 year old 2 bed unit in the centre of Burwoo?
Bought for $600,000 in Chinese dirty money via the PR proxy to be used for migrant cash in hand bunkshare subletting.
With 8 Chinese TR living in it.

Now the Chinese are exited & the unit seized sanitised & sold…
‘Normal Australian usage’ -$140 a week rent at say 5% Yield is circa $150,000.

▪️That small 2 bed fibro shack in Granville on a small block and near a busy road?
Chinese foreign criminal syndicate, local PR Proxy and then rented out cash sublet to 12 Nepalese, Indians & Malays etc paying $140 a week for the ‘bunk rice wifi & toilet roll deal’. $1,680 cash a week, only $400 declared. That’s was why they paid $750,000.

Now if the migrant infestation cleansed & deported , the house seized & sold and Australian normal tenancy at say $250 a week rent.
Was $740,000 – now $270,000 (5% rent yield).

That’s all they are really worth – if you take the Chinese dirty money and 2.561 million third would migrant guestworker housing demand out of the equation."

Australia - like Argenina but with Fat Women

[link to www.zerohedge.com (secure)]

sound infrastructure .

This "Sherwud" and "Chellmer" looks like a third world dump but is touted by the video author as being "upper class" and "old money" "upmarket" and "rich"

[link to www.youtube.com (secure)]

LANGUAGE WARNING FOR VIDEO

I can see that the NZers like going to Australia and kiss the ground because it is slightly better than their country which is really third world and I can see that the people from the Brown Crescent from India all the way across the jungle asia up to Chiner like to go to Australia so I would guess that its a setup up for them but still third world.

The streets and houses and stores all look pretty rough like something you would find in Africa.