Supercharged inequality: rich investors stifle budget. The current housing crisis isn’t a market failure—it’s the system working exactly as intended for those at the top. While wealthy investors use tax concessions like negative gearing to treat shelter as a high-yield asset, millions of people are being locked out of the basic right to a home. We need a fundamental shift that prioritizes people over portfolios and ends the policies that supercharge inequality.
#housingjustice #auspol #wealthgap #fairhousing
https://au.finance.yahoo.com/news/supercharged-inequality-rich-investors-stifle-023450552.html