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The success of the mandatory saving schemes will probably work for a while, but the current property crisis in Australia is going to put an end to that eventual
by elyobo 10y ago
The success of the mandatory saving schemes will probably work for a while, but the current property crisis in Australia is going to put an end to that eventually. Give it another 30 or 40 years once the non-boomers that have been unable to buy a place to live (and have therefore being paying rent their whole lives and will continue to do so in retirement) and there will be an even worse crisis.