Leigh Gant on Nostr: Continuing thoughts on #bitcoin as nadiagant Orange Pills me. I have always had an ...
Continuing thoughts on #bitcoin as nadiagant (npub1cw9…psr3) Orange Pills me.
I have always had an issue with #property in Australia - the median house price vs median salary is absurd, land taxes, council rates, stamp duty…on and on.
Crazy focus on wealth extraction rather than being productive.
Now, affordability has never been worse and renting is an even dire situation.
The government’s answer is to turn the printer on, hand out fiat and incentivise new home owners into think that a 30 year mortgage with only 5% equity is a great idea.
I think the orange pill is going to become very easy to swallow for more and more Aussies.
#auspol
I have always had an issue with #property in Australia - the median house price vs median salary is absurd, land taxes, council rates, stamp duty…on and on.
Crazy focus on wealth extraction rather than being productive.
Now, affordability has never been worse and renting is an even dire situation.
The government’s answer is to turn the printer on, hand out fiat and incentivise new home owners into think that a 30 year mortgage with only 5% equity is a great idea.
I think the orange pill is going to become very easy to swallow for more and more Aussies.
#auspol