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Dont forget the 50% increase (inflation) of council rates, water...

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buc

7,893 Posts.

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01/05/17

22:12

Post #: 24395097
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Originally posted by Barneydebear ↑

you are wealthier because you can use that 50% increase in equity to purchase unproductive assets that increase household debt. That then increases your requirement to work longer hours for less income into the future.

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Dont forget the 50% increase (inflation) of council rates, water and electricity over the same period.
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