are property bears an edangered species ?, page-72

  1. 2,594 Posts.
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    Kincella
    The reason trades costs go up is not that the trademan is taking more money home each week but once again due the government. Once again 10% of payments are gst related and insurances like work cover ,car/truck, contracts works insurance,home onwers insuarance etc ,etc are always increasing faster than CPI. Indutrial rents from suppliers are going up these are passed onto consumers.
    IN the end inflation has grown more than real incomes and this has been possible up to due to EASY credit. It wont go on for ever unless your a ceo and pay yourself well above real inflation due to your own self importance.
 
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