• hitmyspot@aussie.zone
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    2 days ago

    A lot of the cash will go on healthcare. But a bunch will go on trips in retirement and other stuff…of course no wealth transfer any more except for the uber wealthy.

    It’s a case of the young no longer having a large sun of money at once to buy a house while also taking housing off the market. This reduces supply and demand keeping prices somewhat affordable for corps but out of reach for people. Renting is the new serfdom.