Join our investing community

Older generation in best position

Discussion in 'Real Estate' started by Jacque, 19th Sep, 2007.

  1. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    When it comes to housing and affordability, Ross Gittins (SMH journalist and finance writer) blames the older generation of baby boomers for their increasing tax-free wealth in PPOR's as a reason for the current affordability crisis.

    Read the full article here
     
  2. DaveA

    DaveA Well-Known Member

    Joined:
    19th Feb, 2007
    Posts:
    617
    Location:
    Sydney, NSW
    yeah i read this and found it quite interesting, i dont know if i believe in his thoughts but are an interesting philosophy...

    im interested to hear other peoples opinions on this...