and from your own article >https://www.savings.com.au/home-loans/by-the-numbers-australian-home-ownership-tenancy-statisticsOwning housing for non-residential purposes
According to the 2017-18 stats, one in five Australian households – that’s 1.86 million – own property besides the one they’re residing in.
This includes those that own investment properties and/or holiday homes.
Of those:
- 71% (1.3 million) owned one property (besides their current place of residence)
- 18% (343,100) owned two properties
- 5.8% (108,000) owned three properties
- 4.6% (86,000) owned four or more properties
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- Economics
- Charles Hugh Smith article on MMT (Modern Monetary Theory)
Charles Hugh Smith article on MMT (Modern Monetary Theory), page-42
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