if people are no longer buying multiple investment properties that should mean more property available to buy for non-investors

but the cgt changes to shares will make it harder for younger people to save up a deposit

which will have a bigger impact?

  • TheCriticalMember@aussie.zoneEnglish
    8·
    3 days ago

    I gave up trying to make sense of it over the last 5 years when I realised I’m now on the wrong side of the K and that’s unlikely to change within any timeframe that will make a meaningful difference to my life.

    Here’s a guarantee - rich people will be fine, and poor people will keep getting poorer.

    • Hanrahan@slrpnk.netEnglish
      5·
      3 days ago

      Here’s a guarantee - rich people will be fine, and poor people will keep getting poorer.

      Amen - Jesus

      Rich get richer, the poor get the picture - Midnight Oil

      and another sad guarantee, the poor will make sure they stay that way by enabling the rich eg voting for One Nation etc

  • YeahToast@aussie.zone
    2·
    3 days ago

    Id be curious to know the percentage of young people that are purchasing ETFs (most likely 12+ month hold) with the intention to then sell on for a first home purchase.