- Oct 3, 2003
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Maybe a year or two ago, but not now. It's absolute carnage in the university sector.That's exactly what it's like in universities these days.
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Maybe a year or two ago, but not now. It's absolute carnage in the university sector.That's exactly what it's like in universities these days.
There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.providing rental accommodation is very much like any other business for this one reason:
neither is altruistic but they are social goods. Employment and housing needs to be provided
There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.
The truth is we need both because there's good and bad in both groups.
(Disclaimer - neither a landlord nor tenant)
Maybe a year or two ago, but not now. It's absolute carnage in the university sector.
Like working at a bank. Actual bankers outnumbered by "finance partners," "risk partners," "people partners," "product owners," "corporate & social responsibility." Always made me think of a cricket match. Thousands of people watching 15 on the field of play.It is carnage, but falling disproportionately on those doing the actual work of universities, i.e., the academics, without whom there would be no need for the institution. In addition, they are the only ones who earn ranking points for the institution.
Yet, the administrators doing the government bidding proliferate, contributing exactly nil. At my institution, leading international researchers are getting the sack, while all the emails from the VC ask us to welcome the latest pro-VC for "insert some useless function here". It's non-stop.
When the lights go out, it will be an administrator who turns off the switch, as there won't be any academics or techos left. In the old days, when the professors ran the place without much government interference, the morale was far better.
It is carnage, but falling disproportionately on those doing the actual work of universities, i.e., the academics, without whom there would be no need for the institution. In addition, they are the only ones who earn ranking points for the institution.
Yet, the administrators doing the government bidding proliferate, contributing exactly nil. At my institution, leading international researchers are getting the sack, while all the emails from the VC ask us to welcome the latest pro-VC for "insert some useless function here". It's non-stop.
When the lights go out, it will be an administrator who turns off the switch, as there won't be any academics or techos left. In the old days, when the professors ran the place without much government interference, the morale was far better.
Money has a spectacularly small influence on how well someone does their job or how committed they are to improvement.
I actually have a very good landlord, have had for a few years now. I have had some ordinary landlords over the journey, but I am lucky enough to be able to pick and choose where I rent and who I rent from. If I have a bad landlord, I simply break the lease and go somewhere else. I fully understand that this is not within the means of most people renting.
The above said, I don't think that landlords are fulfulling a necessary role in society for the provision of housing.
Like working at a bank. Actual bankers outnumbered by "finance partners," "risk partners," "people partners," "product owners," "corporate & social responsibility." Always made me think of a cricket match. Thousands of people watching 15 on the field of play.
The difference is the spectators at the cricket know they are spectators. The corporate spectators actually think they are doing something meaningful.
Anyone that thinks landlords do it for altruistic reasons are surely kidding themselves. They do it to become wealthy. End of story.
has anyone ever suggested that?
It's like that in every organisation over a certain size.That's exactly what it's like in universities these days.
I've heard that a few times before, I can can absolutely say, with conviction that it's pure bullshit.There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.
The truth is we need both because there's good and bad in both groups.
(Disclaimer - neither a landlord nor tenant)
That's a weird idea that's come up a few times in this conversation - people assuming on other's behalf that they think themselves altrusitic for property investing, when there's never been any indication that anyone thinks that. Obviously people do it for money. It's literally called "investing".Anyone that thinks landlords do it for altruistic reasons are surely kidding themselves. They do it to become wealthy. End of story.
Which part do you disagree with - the <20 or >40?I've heard that a few times before, I can can absolutely say, with conviction that it's pure bullshit.
It assumes a certain perspective that I just don't agree with.
Which part do you disagree with - the <20 or >40?
Can't argue with thatI'm older than 40, and I'm someone who believes that markets need solid regulations, and that social services are best delivered by the government.
I'm older than 40, and I'm someone who believes that markets need solid regulations, and that social services are best delivered by the government.
Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.For anyone continuing to argue the ridiculous proposition re Boomers not having it SO MUCH easier, just spend 5 minutes here. Otherwise you are just embarrassing yourselves.
The chart is not very hard to understand. In 30 years, average city property prices are up 5.5x, whilst incomes are up 2.6x. You dont have to be very smart to understand what this means. SO please stop the bull$hit of its always been hard to get into property markets etc. Perhaps it has been but now its SO MUCH HARDER than previously its not funny.
Another idiotic 'Boomer versus Millennial' housing debate
The AFR’s war on rate cuts took a new an ever more stupid turn on the weekend: Baby Boomers and Millennials are trading blows about who is responsible for deteriorating economic conditions that weaken their chances of home ownership or retirement security. Millennials allege profligate Boomers...www.macrobusiness.com.au
Millennials are struggling. Is it the fault of the baby boomers?
The postwar generation, now retiring in luxury, stands accused of a wilful failure to safeguard young people’s interestswww.theguardian.com
Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.
Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.
Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.
My parents had nothing to pass on to us...one Could argue that our child(ren) will be at a distinct advantage because they won’t be in debt in their vulnerable years, and then the next generation will benefit earlier. Our parents weren’t so lucky.Oh and my older sister is almost 40, my boomer parents are in their 60s and on average will have 20+ years left. Great to set yourself up when you are in your sixties.
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Yeah it wasn’t Queensland University. but there have been massive changes there as well. many good minds have been lost. Many good administrators had enough and taking the redundancy packages. I know architecture at UQ basically sacked all contract staff and then rehired smaller numbers at lesser rates. The academics quit because of it. Some faculties have suffered worse than others.I can't speak of where you work, but it's the absolute opposite in Queensland. Most academics are fine, but lesser teaching and support staff are seeing massive cuts.
At UQ, if the Academic staff had waived their annual 2% raises for a year, it could have saved dozens of jobs. But they voted to get the raises and sack the staff.
Of course, it is MUCH easier to make support staff redundant.
Edit: actually, I think it was actually Griffith Uni, and the vote happened within Law.