The haves and the have nots - the tale of two cities. Keep in mind, MG, that a lot of people have made a fortune over the last 3 Covid years, conversely with a lot of people going to the wall. The already flush baby boomers were the major recipients with their paper assets in RE and stocks seeing a dramatic rise, followed by the millennials having entered the stock market with a zest over that period and making a killing.
Of course, this could all change on the drop of a dime, but for now 'the bank of mum and dad is strong and many of the millennials are raking it in; even your once humble tradesman is making a net income of circa $200,000 pa.
The dynamic of rich man, poor man hasn't been more evident since the 18/19 hundreds, but with an equal number of poor and rich; indeed, the tale of two unequal cities.
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