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 to audadmin Cancel reply
Explore More
Peter Dutton should release minutes from shadow cabinet, says Rudd’s former chief economic adviser
Rudd’s former chief economic advisor urges Peter Dutton to make shadow cabinet minutes public.
Tropical Cyclone Alfred forecast to hit Brisbane early Friday morning [ABC NEWS youtube video 04:28]
Tropical Cyclone Alfred is expected to make landfall in Brisbane early Friday morning. [Watch the ABC News video, duration 04:28]
What is melioidosis and why do cases spike after flooding and heavy rainfall?
What is melioidosis, and why do we see an increase in cases following heavy rainfall and flooding?
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?