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More wealth in fewer hands — the great housing rort
(www.abc.net.au)
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this post was submitted on 15 Oct 2024
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I reckon it would change when renters start to outnumber owners.
Which is part of the reason for first home buyers grants, stamp duty discounts etc, to funnel more people in to owning. The other being it is a great way to hand tax dollars to established real estate owners.