One of the most perverse aspects of capital gains concessions and negative gearing is it makes residential property a very attractive safe haven during instability and recessions, such as now ... delivering *more* expensive housing during downturns, along with the ever expanding bubble.
It's just so fucked up. Labor are cowards for failing to address it (although they did have a go in 2019) and the Coalition are just bastards 'cause it's exactly what they want.
@Longplay_Games @OutofPrintArchive It's really unnerving! Kind of like being trapped in a time bubble.
It's not like there's any lack of great new music, although I suppose streaming might have torpedoed traditional record industry relationships somewhat.
These folks can't be serious thought leaders because they aren't in touch with reality outside the privilege bubble.
It's fine to ignore them. They haven't been right for a decade, and I think that's long enough.
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