stacksatsio on Nostr: The #AUStriches #HousingPonzi has seen fertility rates drop to their lowest on ...

The #AUStriches #HousingPonzi has seen fertility rates drop to their lowest on record, down 25% since 2008.

Who could have guessed that making it impossible for young people to own a home would impact population growth?!

It’s almost as if turning houses into money for negatively geared Boomers to become paper fiat rich has negative externalities..

https://archive.is/ejx30

quoting note1wcl…ywpe

The #AUStriches #HousingPonzi over a 26 year period.

70%+ of the population live in cities where a mortgage would now chew up more than 50% of earnings.

85.5% of average earnings going to a Sydney mortgage is absurd. note1gah…2u8h