stacksatsio on Nostr: The #AUStriches #HousingPonzi has seen fertility rates drop to their lowest on ...
The #AUStriches #HousingPonzi has seen fertility rates drop to their lowest on record, down 25% since 2008.
Who could have guessed that making it impossible for young people to own a home would impact population growth?!
It’s almost as if turning houses into money for negatively geared Boomers to become paper fiat rich has negative externalities..
https://archive.is/ejx30
Who could have guessed that making it impossible for young people to own a home would impact population growth?!
It’s almost as if turning houses into money for negatively geared Boomers to become paper fiat rich has negative externalities..
https://archive.is/ejx30
quoting note1wcl…ywpeThe #AUStriches #HousingPonzi over a 26 year period.
70%+ of the population live in cities where a mortgage would now chew up more than 50% of earnings.
85.5% of average earnings going to a Sydney mortgage is absurd.note1gah…2u8h