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Actual Facts
Sky News Australia
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Comments by "Actual Facts" (@actualfacts1055) on "The 'uncomfortable reality' Australia faces" video.
People didn't complain when interest rates plummeted when the Coalition was in Government.
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@sleepyjoescumbag1663 I am a smart bank shareholder making money while stupid people borrow too much money when interest rates are low, I am the smart one. I am not a shareholder to subsidize stupid people. You probably wouldn't have the guts to invest in anything but whinge when other people profit from it.
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@sleepyjoescumbag1663 Just keep making your mortgage payments and I will keep getting fully franked dividends from my bank shares with no effort whatsoever.
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@sleepyjoescumbag1663 Borrow money to buy a home that will be affordable in the long term, no investment comes without risk whether it is property or the stock market. Bank shareholders or supermarket shareholders or petrol station shareholders are not there to subsidize people, they are there to try to maximise profit but it is not risk free just like any investment. Do I still sound like a houso or a self funded retiree ?
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Labor is only interested in making us all poorer by closing down our export industries and then confiscating yours and your parents life savings.
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Banks could increase the term of loans to reduce mortgage payments but you will pay more interest in the long term.
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