A Victorian Investor’s Lament (A Ballad in B Minor)

Cry havoc! The tyranny is here!
The state, in its wisdom, dared to tax my land.
Not just the one house, but the three… or four… spread far and near.
A bill! A statement! How dare they make a stand?

So I’ve packed my portfolios, tears upon my cheek,
Fleeing north and west, a tragic, noble flight.
To friendlier shores where coffers stay unique,
And negative gearing is a sacred, hallowed right.

But weep for Victoria! A paradise soon lost!
For who will house the renters? (At a tidy sum, of course?)
It won’t be us! We’re recklessly embossed
By the greedy, grubby first-home buyer, that new, predatory force.

Yes, they’ll live in them. The sheer audacity!
Planting gardens, paying mortgages, a truly bleak affair.
While we, the prudent, driven out by land tax lunacy,
Must simply find new states to gently… well, invest in there.

And when the rental crisis deepens (as it surely, sadly will),
Remember who they chased away with pen and paper blunt.
The saviours with a spreadsheet, who performed a public till—
Now replaced by folks who want a home. The economic runt.

#ausproperty #vicvotes #victoria
#VictorianExodus #LandTaxLunacy #InvestorsInMourning #RentersWillPay (We Promise) #FirstHomeBuyerGreed #QLDLovesMyMoney #SurvivalMode #ItsNotAnAirbnbItsACryForHelp #PropertyFeels

https://www.youtube.com/watch?v=IuIg1MKkp6Q

This is interesting, The Age has a tool that allows you to search on specific polling booth results at the recent state election. I’ve attached a screenshot of the booth I voted at in North Melbourne, looks pretty leftie! :)
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Find out how your neighbours voted in the Victorian election - and the suburbs that swung https://www.theage.com.au/politics/victoria/find-out-how-your-neighbours-voted-in-the-victorian-election-and-the-suburbs-that-swung-20221220-p5c7ti.html

#VicPol #VicVotes #SpringSt #Politics #Victoria #Australia

Today's blog post is about the Victorian Legislative Council, and how different electoral systems would have produced different seat results. It's a follow-up to a number of posts I did before the election based on 2018 data.

https://www.tallyroom.com.au/50522

#VicVotes