15 November 2018

The false economy of Melbourne's real estate market

Melbourne's property prices have gone through the roof, as a result of many factors, where one of the most important ones which stands out is caused by the massive influx of migrants allowed to enter the country.

This post is not going to be of book size proportion or megabytes of text, explaining or touching the various other aspects that effect the good people of Australia with regards to something that is deliberately erroneously referred to as population 'growth' by the mainstream media, but rather migration influx or the indiscriminate dumping of humans into another country, as a result of corrupt governments screwing over the 'good' people of other countries that leads to people fleeing their native land.

At a current rate of 2,500 imports per week into Melbourne alone, the current infrastructure and tax enslaved general population is struggling to support the newcomers, despite what the 'authorities' will tell you.

For the purpose of this post, we'll just look at one very small problem created by the authorities with regards to the 'supply and demand' in the current rental market in Melbourne.

Let's have a look at the following gem of a house in a very dodgy Melbourne suburb, that is on the market for $350 per week.


As you can see from the above photo it seems that the renter must supply their own kitchen, for this is a room that looks like it had a kitchen in it, once upon a time.

When a house is built in Victoria before it can be inhabited by humans it must come with a certificate of occupancy which guarantees the premises contains facilities conducive to sustaining life, like heating, water, toilet, tiles to wet areas and also, you guessed it, a kitchen.

It seems that this place is not fit to sustain humans.

The house is advertised in the following format:

"Centrally located with easy access to amenities, schools and transport, the 3 bedroom, 1 bathroom residence will let you enjoy the conveniences.
With plenty of local reserves for an active lifestyle, don't let this charming hope miss you by."

No mention that one may need a kitchen as it is obviously marketed to humans who do not need to eat or require the complexities of a domestic kitchen

While the second house comes thoughtfully with a kitchen, the industrial  duct that comes through(?) the corner bench, up the wall and along the ceiling indicates something is NQR (Not Quite Right).


On a thoughtful note the  landlord does allow the renter to have pets, but that could be an act of laziness on the landlord's behalf as one's 'pets' would used eat the other 'pets' that come with the rental property, like cockroaches and rats.

Although the dump seems to show an advertised price of 499 (dollars per week?), under the 'hero' photo, the price per calendar month is $1304.

Whatever, it's still dodgy!

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