According to ACOSS, the top 10% of wealth holders possess two-thirds of all investment properties.

According to ACOSS, the top 10% of wealth holders possess two-thirds of all investment properties.
[no-politics] Friday Frustration 14/Mar/2025 Nominate your neighbor, your car, the weather, or those pesky broken trampoline springs. Share any non-political annoyance in your life and let off some steam!
Productivity Commission Urges Accountability as Only Four Closing the Gap Targets Show Progress
Channel 10, if you can’t broadcast F1 without cramming in an ad every 15 minutes, then maybe it’s time to let another platform take over. Today’s Melbourne F1 telecast was
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?