Australia's richest man apologises for supporting unemployment

[clearspira]

https://www.bbc.co.uk/news/business-66803279

Yeah, you read that right. Supporting unemployment. In his view, if unemployment went up by 50% then that would teach ungrateful workers their place in this new world of WFH, and ''fair pay'' and quiet quitting. Your employer owes you nothing in his eyes.

He is also on record as stating that the young cannot afford homes because they eat too much advocado on toast stating that when he was saving for his first home he "wasn't buying smashed avocado for $19 and four coffees at $4 each". Fun fact: in London at those prices, you would have to forgo 24,499 advocado toasts to afford a house. Another fun fact: he didn't save for his first house at all, he has a rich granddad.

This is like something out of Dickens's time.

[Madner Kami]

https://www.bbc.co.uk/news/business-66803279

Yeah, you read that right. Supporting unemployment. In his view, if unemployment went up by 50% then that would teach ungrateful workers their place in this new world of WFH, and ''fair pay'' and quiet quitting. Your employer owes you nothing in his eyes.

How convinient. Neither do I owe my employer anything other than what was contractually agreed upon. Though except that contradicts his complaint about "fair pay" and "quiet quitting", but heyho, rich, affluent arseholes who never had to work an actual hour in their life don't have a fucking clue about reality isn't news...

He is also on record as stating that the young cannot afford homes because they eat too much advocado on toast stating that when he was saving for his first home he "wasn't buying smashed avocado for $19 and four coffees at $4 each". Fun fact: in London at those prices, you would have to forgo 24,499 advocado toasts to afford a house. Another fun fact: he didn't save for his first house at all, he has a rich granddad.

A fucking classic, isn't it? They're convinced they earned everthing they own, by virtue of being born. Narcisstic, psychopathic arseholes, the lot of them. Oh and that avocado-thing? In the world he grew up in, avocado-toasts coast 10 times as much as they cost you, because rich affluent arseholes have no idea of the worth of things and so grifters can easily scam their money without them noticing. They got too much of it anyways, so I support grifters demanding 1 million Dollars/Euros for services that cost normal people a nickle and a dime, since governments vehemently refuse to properly tax the rich.

[TGLS]

Fun fact: in London at those prices, you would have to forgo 24,499 advocado toasts to afford a house. Another fun fact: he didn't save for his first house at all, he has a rich granddad.

I dunno what you're complaining about. If you kicked your 1 avocado toast a day habit you'd afford a house in 67 years...[/sarcasm]

[ProfessorDetective]

Ah, yes. Sacrifice Evey Little Thing that makes your life worth living... just to STILL not make enough to actually live it.

THIS is why the birth rate is down and the suicide rate is up: 95% of people can no longer afford to even EXIST AND/OR PROCREATE, anymore.

[Deledrius]

when he was saving for his first home he "wasn't buying smashed avocado for $19 and four coffees at $4 each".

I strongly suspect he would have had a hard time even finding a 4$ coffee back then, so this is even just superficially a disingenuous assertion for him to make.

[Fuzzy Necromancer]

Oh yeah, this asshole.

[BridgeConsoleMasher]

More and more people today just don't want 30 year mortgages to their name.

[McAvoy]

More and more people today just don't want 30 year mortgages to their name.

Well I don't. But it's a literal price to pay for me not to rent.

Though you can't use me as an example. Unless you want to be an licensed aircraft mechanic that is very undermanned. Hint hint.

[ProfessorDetective]

More and more people today just don't want 30 year mortgages to their name.

Well I don't. But it's a literal price to pay for me not to rent.

Though you can't use me as an example. Unless you want to be an licensed aircraft mechanic that is very undermanned. Hint hint.

I think they meant that it shouldn't take thirty years to pay off a house. It really shouldn't, unless the place is very large and/or very opulent.

Though, let's be real, those mortgages are probably closer to FIFTY years, now.

[McAvoy]

More and more people today just don't want 30 year mortgages to their name.

Well I don't. But it's a literal price to pay for me not to rent.

Though you can't use me as an example. Unless you want to be an licensed aircraft mechanic that is very undermanned. Hint hint.

I think they meant that it shouldn't take thirty years to pay off a house. It really shouldn't, unless the place is very large and/or very opulent.

Though, let's be real, those mortgages are probably closer to FIFTY years, now.

Technically you shouldn't. When you buy your house should reflect what you can pay now versus what you can pay in 30 years. Technically.

But with the BS that is happening with the market? Yeah good luck but at the same time it will crash some time too.

In my case I bought mine dirt cheap on thd idea that I would do all the work to fix it. I got the last laugh on that. I love that shit. I needed a new kitchen that didn't look like a helper Brady Bunch served Thanksgiving. Needed to redo the electical system in the house. New windows that were not made of wood. Among other fun stuff including redoing part of the downstairs bathroom due to termites.