stacksatsio on Nostr: The #AUStriches Housing Ponzi shows where all the Covid money printing ended up ...
The #AUStriches Housing Ponzi shows where all the Covid money printing ended up going.
Sydney is completely unaffordable. Doctors are priced out. You literally have to be a real estate agent, a drug dealer to a real estate agent, or a banker to be able to afford living anywhere near the city nowadays.
Sydney is completely unaffordable. Doctors are priced out. You literally have to be a real estate agent, a drug dealer to a real estate agent, or a banker to be able to afford living anywhere near the city nowadays.
quoting note1994…hg47The #AUStriches Housing Ponzi will be kept afloat with 50-year mortgages.
Nevermind that it now takes 26 years for a school-leaver to save up for a deposit on the average home meaning these people will be in their 90s by the time they pay off their hooom; the Boomers must be kept dumb and happy at all costs!
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