Oddbean new post about | logout
 The #AUStriches Housing Ponzi will mint 400,000 new paper millionaires by 2028.

The wealth disparity between the Boomer landed gentry and the actual productive members of society is totally out of control.

https://www.afr.com/wealth/personal-finance/australia-will-have-400-000-new-millionaires-by-2028-are-you-one-of-them-20240709-p5jsbh 
 loaf of bread in 2028 - 128,000 AUD 🤷‍♂️ 😜  
 A million dollars ain't what it used to be