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912 Posts.
35
15/11/23
17:58
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Total garbage.
If you have a 250k mortgage on 17% like many did you pay 40k a year
You have 600k on 5% you pay $3, 6% 36k, for years they had below average rates to help them along and could have fixed.
And guess what the punters today are earning a lot more so its a smaller part of their income v the people who copped 17%.
Simple bloody math.
But nah, I want to live in a $2m home first up.
And these morons don't have to worry about retirement to boot like our parents and grand parents did because they get paid super.
Sooks one and all.