Tfw Sanders continues to make himself unelectable

Truly amazing

Your country on boomers

I'm gonna take a guess and assume a decent portion of that is directly connected to the rising value of housing.

Yes

Good guess

We never really had a property crash in 08

I mean, we sorta kinda did to some extent, but pretty sure it almost entirely effected property held by banks rather than actual people.

I'm talking about here, being australia

I mean, really, in the end, it's fairly stupid to use property value as a proxy for overall wealth in any sort of situation where you're living on said property anyway.

Ah, fair enough.

There are people that can barely afford food and property taxes that are wealthy on paper because the house the family has owned since 1920 is theoretically valuable.

people should have their houses torn down

so everyone could be the same

...man, I thought housing prices were bad here.

that would eliminate the wealth gap

That's just painful. How much of that is due to Chinese investors buying up property?

I've heard here and there that they're buying a lot of land in some of those places.

https://i.imgur.com/BgiKlaQ.jpg

Not as much as you'd think imo, but more due to taking in loads of migrants, not developing new areas, banks being fags, and boomers who see it as free money to buy houses

Mm. Mostly the same as in the US, then. A lot of the increase is population increasing way faster than new housing is being built.

Boomers are the worst :(

i mean older people also have made money for longer and bought more valuable things over time

Milennials are pure filth

I bet you're one

Shilling for socialism and voting for bernie and aoc

They are worse than boomers

Without them aoc wouldnt have won

Are you a milennial?

Gen z

Born in the 2000s?

Gen Z started 1995/1997

zoomer spotted

<:boomer:514203388704063489>

<:pepe_eyes:378719408362881024>

Yikes

Tero = millnnial