Logo

Cybergate9.Net

Open the gate.. welcome to this dimension..

Home

Rebuild22

Witterings

Commentary

Shorts

Essays

Ephemera

Yes, and..? (nothing to see here..)

⊰ 2022-06-22 by ShaunO ⊱

Of course this is behind a paywall.. But I'm a little surprised by the headline and the fact that it's clearly trying to 'categorise politicians' as unusual.. They're not, they're high income earners ($200K+ which puts them in top 10%, if not top 5%) who, like all high income earners in Australia have investments galore, and some of those investments are property..

Statistically there is nothing surprising about this - >15% of taxpayers have an investment property, >25% of all housing stock in this country is owned by private investors (i.e. us, well the well-healed versions of us anyway :-P). The entire system is setup to support this 'investment vehicle' - change the system or stop moaning about it..

Not sure what crikey's trying to achieve here besides 'click-bait' or 'virtue-signalling' (of which, more later, but there is much too much of that going on recently..)

buggered if I know :-P

The new federal cabinet is full of landlords. When will renters be represented?

[Original]


you're at: Home > Witterings