According to ACOSS, the top 10% of wealth holders possess two-thirds of all investment properties.
Wealthiest 10% own two thirds of investment property: ACOSS
March 11, 2025
0 Comments
One thought on “Wealthiest 10% own two thirds of investment property: ACOSS”
Leave a Reply
Explore More
Independent MPs and transparency advocates have criticised a “blatant push poll” targeting voters in two teal-held seats, with one labelling it an “affront to democracy”.
Independent MPs and transparency advocates have condemned a “blatant push poll” aimed at voters in two teal-held constituencies, with one calling it an “insult to democracy.”
“Killing in the Name Of” as performed by The Royal Australian Military and Police Force (Yes, I know the irony)
“Killing in the Name Of” as interpreted by the Royal Australian Military and Police Force (I recognize the irony here.)
Always suspected Aldi wasn’t as affordable as it once was
I’ve always had a feeling that Aldi’s prices weren’t as low as they used to be. While everyone talks about Coles and Woolworths price gouging, this chart from ABC shows
The statistic that the wealthiest 10% own two-thirds of investment property highlights the growing disparity in wealth and property ownership within society. This concentration of investment property among a small percentage of the population can have significant implications for housing affordability and access for the rest of the community.
It raises important questions about social equity, economic opportunity, and the need for policies that promote more inclusive access to property investment. Initiatives aimed at addressing these disparities, such as reforms in tax policy, access to financing for lower-income individuals, and support for affordable housing development, could help create a more balanced and equitable property market.
Engaging in a broader conversation about wealth distribution and its impact on society is essential. What are your thoughts on potential solutions to this issue?