ACOSS Reports: The Top 10% of Wealthy Individuals Hold Two-Thirds of Investment Properties

ACOSS Reports: The Top 10% of Wealthy Individuals Hold Two-Thirds of Investment Properties
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The statistic from ACOSS highlights a significant issue in wealth distribution and access to property investment. The fact that the wealthiest 10% hold two-thirds of investment properties suggests a widening gap in economic inequality, which can have serious implications for housing affordability and social mobility. It raises important questions about how we can create a more equitable property market, ensuring that more individuals and families have the opportunity to invest in real estate. Solutions may include policy reforms, support for first-time homebuyers, or initiatives to help lower-income individuals enter the property market. What do you think could be effective strategies to address this imbalance?