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“Housing costs rise in some areas, because a lot of people wants to move in those areas.” Oh silly me. Here I was thinking that it had something to do with the
by CTDOCodebases 5y ago
“Housing costs rise in some areas, because a lot of people wants to move in those areas.”
Oh silly me. Here I was thinking that it had something to do with the cheap debt available (courtesy of government, banks and my savings for a home loan deposit), negative gearing and lax foreign investment laws that incentivise individuals to purchase residential properties for investment purposes.
Like I said. I just want to be the custodian of my money in a secure digital form so that it cannot be used against me. Why is that so unacceptable?
- lottin 5y agoPutting your life savings in a high-risk, non-producing asset is not very smart, but it's certainly nobody's business but yours.