Higher interest rates smashed landlord profits, but negative gearing means few sold up
makingStuffForFun @ makingStuffForFun @lemmy.ml Posts 165Comments 2,096Joined 2 yr. ago

makingStuffForFun @ makingStuffForFun @lemmy.ml
Posts
165
Comments
2,096
Joined
2 yr. ago
Flinders Street Station. Melbourne, Australia
Guess how old my dog is, watercolor on paper.
Gen x here. Agree. We get leveled. Again. Whilst the boomers just coast through it, mortgage free, reaping bucket tonnes from their multiple properties and huge super, and sipping their laté in delight.