@russtime99@RBASHAGGER True - extending the correction to business is bizarre and stupid. Hopefully they will revert that part - before the far-right throws out the baby with the bathwater.
@Blazer55 Um… so what?? How many times do economists/scientists have to scream this? Housing is not an investment!
If you want to invest, pick something that creates economic value instead of squeezing the poor. The S&P500 has done 11.4% YOY over the past 20 years and no need to borrow.
Shelter is a human right. It was never meant to be an investment.
If you want to invest, the share market and the S&P 500.
@PopTheOzBubble@RBASHAGGER
Is it still profitable to be a landlord? | Alan Kohler | ABC NEWS https://t.co/Gy7extSl2l via @YouTube
"In order to deal with housing affordability, ... we need to stop seeing it as a way to build wealth. We have to accept that house prices won't rise for a while, and might even fall"
https://t.co/uGOanwexrs
@justthink1@PopTheOzBubble@RBASHAGGER@AdamBandt
@BikoKonstantin1 Life is not a game of Monopoly.
In fact, the game itself was created to demonstrate the evils of, um, monopolies.
Not should shelter be an 'investment'.
If you want to invest, financial markets are made just for that, and is what drives the largest economy on earth (the US)
@matt_barrie Are you against people having a roof over their heads?
Also on what planet would anyone achieve a vacancy rate of 50%. Try being realistic.