ONE OF the most alarming statistics to come out of this week’s release of the 2016 census figures was the dramatic decrease in outright home-ownership over the past quarter century.
It was coupled with a large increase in the portion of people renting – mostly from people who have taken out investment loans.
It bespeaks a gluttonous baby-boomer generation stealing from the next generation, egged on by greedy banks and poor monetary policy, and compounded by cowered do-nothing governments. Continue reading “The alarming Census: debt and population”