$1450 a Week for This? Sydney Rental Sparks Outrage Amid Cost-of-Living Crunch
The video shows Natasha Pincevic and Jazmin Refik, both of whom work at CMP Real Estate. They work as a property manager and property associate, respectively.
The property is located in Leppington, 53 kilometres southeast from Sydney's CBD. It has six bedrooms, five bathrooms, and three ensuites on a 450-square-metre block.
Notably, this issue was put into light just days after the average home price in Australia was revealed. It has officially surpassed the $1-million mark, reaching approximately $1,002,500. Quick Summary of the Issue The property in Leppington leased for $1450
This story began in an earlier video with over 180,000 views on social media. It featured the agents asking 'Would you pay $1450 per week for this?'
Commenters noted that it was too high. Notable remarks were that 'it doesn't even have a pool,' and '1450 in the middle of nowhere, lol.'
The most recent video from the agents intended to clap back at their critics who had issues with rent pricing. However, it backfired and appeared tone deaf relative to cost-of-living concerns.
It was captioned 'keep doubting us' with a shushing emoji. It shows Ms. Pincevic asking how Ms. Refik managed to lease it considering its weekly $1450 price.
'The one with no pool. Is in the middle of nowhere,' said Pincevic. Ms. Refik added 'And a job site next door,' pointing out a nearby construction area.
While the tandem intended to clap back at critics who deemed prices too high, it backfired and appeared tone deaf to the existing cost-of-living crisis.
The two high-five before Pincevic references the children's classic Bananas in Pyjamas. 'Well done, B2,' with Refik replying 'See you in the next one, B1.' Video Backlash
Since being posted last Tuesday on the 10th, the new video has drawn a ton of negative comments.
'You basically just told everyone, we're here to rip everyone off,' one commenter said. 'Are we proud of these ridiculous prices? Have some mercy people, seriously,' said another.
Others were poking fun at the video's caption, saying 'Keep doubting us? No one doubts that you can lease a property in a housing crisis.'
Interestingly, some viewers came to the defence of the duo citing market realities.
'Not the agents' fault. It's the market price, supply, and demand decides the price,' one person said. 'Dual income family, $1450 is affordable,' another added. The Agency's Response
CMP Real Estate addressed this by talking to Daily Mail Australia. They said that their video was meant as a tongue-in-cheek response for online critics. Their advertisements for rental property were being made fun of and the follow-up clip was taken out of context.
CMP Founder Christina Pincevic also weighed in, who has been in the real estate industry for 11 years. She said that the rental price in the video reflects current market conditions. 'We've leased homes of similar size for over $2000 before,' she said.
To add, she also cited infrastructure developments like the Western Sydney Airport and the Metro line. These are a couple of the factors behind rising property values in the area.
Originally published on IBTimes UK
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Int'l Business Times
6 hours ago
- Int'l Business Times
Raghavender Reddy Grudhanti Modernizing Telecom CRM Integration with MuleSoft and Salesforce
The telecommunications industry thrives on seamless customer experiences, efficient billing systems, and real-time data integration. As digital transformation accelerates, integrating Customer Relationship Management (CRM) platforms like Salesforce with core telecom systems has become a critical challenge. Leading this technological evolution is Raghavender Reddy Grudhanti, an expert in MuleSoft middleware and CRM integration, who is helping telecom companies unlock new levels of efficiency, automation, and customer satisfaction. The Need for CRM Integration in Telecom Telecom operators manage vast amounts of customer data across billing, service provisioning, support, and marketing. However, siloed systems often lead to: Disjointed customer experiences due to inconsistent data across platforms. due to inconsistent data across platforms. Manual processes slowing down service delivery and issue resolution. slowing down service delivery and issue resolution. Inefficient sales cycles caused by lack of real-time customer insights. Raghavender addresses these challenges by leveraging MuleSoft's Anypoint Platform to seamlessly connect Salesforce CRM with telecom OSS/BSS (Operational/Business Support Systems), enabling a unified, data-driven approach. Raghavender's Expertise: MuleSoft-Driven Salesforce Integration 1. Unified Customer Data for Enhanced Experiences By integrating Salesforce with telecom backend systems (billing, ERP, network management), Raghavender ensures: 360-degree customer views —agents access real-time service history, billing status, and support tickets directly in Salesforce. —agents access real-time service history, billing status, and support tickets directly in Salesforce. Automated lead-to-cash processes —sales teams can provision services faster with automated order fulfillment. —sales teams can provision services faster with automated order fulfillment. Personalized marketing—CRM data syncs with customer analytics platforms for targeted campaigns. 2. Streamlining Billing & Support Operations Telecom billing systems are complex, often requiring integration with payment gateways, fraud detection, and invoicing tools. Raghavender's MuleSoft-based solutions enable: Automated billing updates in Salesforce, reducing manual errors. in Salesforce, reducing manual errors. AI-driven dispute resolution by linking CRM cases with billing systems. by linking CRM cases with billing systems. Self-service portals where customers can view and pay bills via Salesforce-integrated apps. 3. Boosting Agent Productivity with AI & Automation Raghavender enhances Salesforce with AI-powered MuleSoft integrations, including: Chatbot integrations that pull customer data from telecom databases into Salesforce Service Cloud. that pull customer data from telecom databases into Salesforce Service Cloud. Predictive analytics to anticipate service issues before they impact customers. to anticipate service issues before they impact customers. Automated case routing based on customer history and service level agreements (SLAs). Raghavender's work has helped leading telecom providers achieve: 40% faster service activation by automating Salesforce-to-OSS workflows. by automating Salesforce-to-OSS workflows. 30% reduction in customer churn through proactive support powered by real-time CRM data. through proactive support powered by real-time CRM data. 50% improvement in billing accuracy with automated Salesforce-ERP synchronization. The Future of Telecom CRM: API-First, AI-Driven As telecom companies embrace 5G, IoT, and hyper-personalization, Raghavender's approach ensures that MuleSoft and Salesforce remain at the heart of digital transformation. His vision includes: Embedding generative AI in CRM workflows for automated customer interactions. in CRM workflows for automated customer interactions. Expanding API ecosystems to integrate Salesforce with edge computing and IoT platforms. to integrate Salesforce with edge computing and IoT platforms. Enhancing low-code integrations for faster deployment of telecom-specific CRM solutions. Raghavender Reddy Grudhanti is a pioneer in MuleSoft and Salesforce CRM integration for the telecom sector. His expertise bridges the gap between customer-facing platforms and backend systems, enabling telecom providers to deliver faster, smarter, and more personalized services. For telecom companies looking to modernize their CRM strategy with MuleSoft and Salesforce, Raghavender's solutions provide a proven roadmap to success in the digital age.
Int'l Business Times
2 days ago
- Int'l Business Times
Air Canada To Resume Flights After Govt Directive Ends Strike
Air Canada said it will resume flying on Sunday after the country's industrial relations board ordered an end to a strike by 10,000 flight attendants that effectively shut down the airline and snarled summer travel. The Canada Industrial Relations Board (CIRB) "directed Air Canada to resume airline operations and for all Air Canada and Air Canada Rouge flight attendants to resume their duties by 14:00 EDT on August 17, 2025," the airline said in a statement. While it plans to resume flights on Sunday evening, Canada's flag carrier warned it would take "several days before its operations return to normal." Some flights are still set to be cancelled over the next seven to 10 days, it added. Air Canada cabin crew walked off the job early Saturday over a wage dispute. Hours later, Canada's labor policy minister, Patty Hajdu, invoked a legal provision to halt the strike and force both sides into binding arbitration. "The directive, under section 107 of the Canada Labour Code, and the CIRB's order, ends the strike at Air Canada that resulted in the suspension of more than 700 flights," the Montreal-based carrier said. The Canadian Union of Public Employees (CUPE), which is representing the workers, sought wage increases as well as to address uncompensated ground work, including during the boarding process. It had previously said its members would remain on strike until the government formally issued an order that they return to work. It had urged passengers not to go to the airport if they had a ticket for Air Canada or its lower-cost subsidiary Air Canada Rouge. While it did not immediately issue a response to the back-to-work directive, the CUPE earlier slammed the Canadian government's intervention as "rewarding Air Canada's refusal to negotiate fairly by giving them exactly what they wanted." "This sets a terrible precedent," it said. The union also pointed out that the chairwoman of CIRB, Maryse Tremblay, previously worked as legal counsel for Air Canada. Tremblay's ruling on whether to end the strike was "an almost unthinkable display of conflict-of-interest," the union posted on Facebook. On Thursday, Air Canada detailed the terms offered to cabin crew, indicating a senior flight attendant would on average make CAN$87,000 ($65,000) by 2027. CUPE has described Air Canada's offers as "below inflation (and) below market value." In a statement issued before the strike began, the Business Council of Canada warned an Air Canada work stoppage would exacerbate the economic pinch already being felt from US President Donald Trump's tariffs. Canada's flag carrier counts around 130,000 daily passengers and flies directly to 180 cities worldwide.
DW
5 days ago
- DW
Trump signs order to ease commercial spaceflight regulations – DW – 08/14/2025
The move is set to remove "inefficient" regulations for private space ventures in a move that could benefit former Trump advisor Elon Musk. Environmental groups criticized the order. US President Donald Trump signed an executive order on Wednesday that he claimed would ease regulations that govern commercial rocket launches. The order directs the US transportation secretary to eliminate or expedite environmental reviews for launch licenses given by the Federal Aviation Administration (FAA). "Inefficient permitting processes discourage investment and innovation, limiting the ability of US companies to lead in global space markets," the executive order reads. It also calls for the cancellation of "outdated, redundant or overly restrictive rules for launch and reentry vehicles," according to a statement released by the White House. Trump's latest executive order also states that "inefficient" permitting processes "discourage investment and innovation," which in turn limits US companies' ability to lead in global space markets. The move could benefit private space companies such as SpaceX, the company owned by former Trump advisor Elon Musk, despite the two falling out publicly in recent months. The company — which dominates the global private space launches market — plans missions to the Moon and Mars using its Starship rockets, which saw a series of setbackslastly in June as a routine test ended up in an explosion. Environmental groups have criticized Trump's moves to deregulate commercial spaceflight. "This reckless order puts people and wildlife at risk from private companies launching giant rockets that often explode and wreak devastation on surrounding areas," Jared Margolis of the US-based nonprofit Center for Biological Diversity said in a statement. The FAA approved an increase in annual SpaceX Starship launches from five to 25 in early may, saying it would not negatively affect the environment. SpaceX boss Musk, the world's richest man, has repeatedly complained that studies over the environmental impact of Starship slow the tests of the rocket, together with post-flight mishap investigations and licensing reviews required by the FAA.
