Biko Konstantinos
@BikoKonstantin1
Aussie, Content Creator, Idependent Commentary, Housing & More
Wow
Australian median home price ≈ 9.5× annual household income vs USA at ≈ 4.8×. Add in 30-40% higher construction costs, stamp duty up to 5.5%, and negative gearing pumping investor demand—Aussies pay roughly double per square foot for a detached house and 2.5× for an apartment.…
And the world just blindly follows? wsj.com/business/world…
Here's the source article titled "Australia’s Housing Affordability Crisis: The 50-Year Surge in Property Prices" propertyupdate.com.au/australias-hou…
How is this even possible?
That's utterly incredible
Because Australia has a fiat monetary system where banks issue 96% of new money as loans, out of thin air, that borrowers spend decades working to pay interest on. Loan issuance grows much faster than wages. If that sounds like a scam, that's because it is. #Bitcoin fixes this.
Spot on - our money is becoming worthless like confetti
Currency devaluation.
Funny not funny?
Mass immigration has created an "everything shortage". Here's the list of ACT's critical skills for the purposes of visa applications- it contains over 500 nominated occupations! Funny how these shortages weren't around 20 years ago & how 20 years of mass immigration has only…
This has be deliberate - I've got no other explanation as to why housing demand has been artificially inflated for so long
Things could deteriorate quickly if job losses gather momentum. In this case, it's transport for NSW.
Tech stocks ARE the stock market: Technology stocks no reflect a record 46% of the S&P 500. This percentage has DOUBLED over the last 8 years. To put this into perspective, this percentage was ~33% at the 2000 Dot-Com Bubble peak. The top 5 stocks alone now reflect a record…
Seems like a strange decision
Spain has the highest youth unemployment rate in Europe, making it really tough for young people to start families. Can someone please explain the logic of Spain taking the most immigrants in Europe last year?
Yeah but house prices hit new all time highs???
New research from Everybody's Home shows homelessness in 🇦🇺 is ⬆️ & the availability of social housing is ⬇️ I wrote to the Housing Minister again yesterday urging the fed govt to do more, faster. abc.net.au/news/2025-07-2…
I wonder how overpriced they are in Australia?
Homes are 30% overpriced - Fox News
Renters are in for a treat they truly deserve in 2026
Protecting your freedom of speech
In a victory for transparency and free speech, the D.C. Circuit Court of Appeals has unanimously ruled in X’s favor to limit the U.S. government’s ability to issue gag orders. These gag orders prevent X from notifying the public when it receives government search warrants and…
That's what we need to happen. There needs to be a free market that contains investing risk
What happens when housing prices go down in a system designed for prices to rise? strongtowns.org/journal/2025/7…
