Great job, good education, no home: is Australia’s bloated property market destroying the middle class?
Posted by Sky_Crawler262
Great job, good education, no home: is Australia’s bloated property market destroying the middle class?
Posted by Sky_Crawler262
3 Comments
OMG YES
“Analysis by Treasury has found that nearly 40% of tax breaks to landlords went to the top 10% of earners.
Many affordability advocates have given up on genuine tax reform in Australia and are instead focusing their attention on rental rights. The thinking is that by improving tenancy rights, investment properties become less appealing, freeing up stock for owner-occupiers.
This would also make renting a more enticing option for households, as it is in some other countries such as Germany where many households prefer to rent.”
Or you know BUILD FUCKING MORE!!!
!ping YIMBY
You don’t have to own a house. Yes it’s better than renting long term, yes it builds generational wealth, yes it’s part of the social contract since the 50s, but you don’t have to. And the state doesn’t **have** to help you. Imagine if instead of a house, we were talking about a lifetime job, that people would get after 35. And that the state would help you keep and keep your wage increasing despite events in the job market