Post #2096240

@phocks TBH, as long as monied people are buying residential property as investments, prices and inequality will be driven up. Tons of well-heeled Australians who have a second, third, or fourth "investment" house are surprised to learn that their kids can't afford to buy anywhere near them, if at all. Once in that investment mindset, they also can't easily pull out and will fight any effort to reduce scarcity or pricing