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In today's podcast episode, we’ll be chatting about a very spicy topic, which is why your home is for living in and not for growing wealth. This statement is one that came from a certain Instagram post from the Guardian sharing that ‘Australian housing wealth is meaningless, destructive and fundamentally changing our society:” Cat jumped on the IG stories, and had a great response to this from her followers, so here we are. Ready to discuss.
Specifically, we chat about: - The data about the Australian housing market and how it's changed over three generations
- What the possible implications are if you were to solely build your wealth through property
- Why property wealth is heavily skewed towards families who own properties already
- The arguments as to why our society should start considering other investments outside of property
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Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz |