the rich getting richer, poor getting poorer

  1. 17,117 Posts.
    and guess who are the richest....increased by 15% since 2006.......?????? can you guess
    the poor's wealth grew 4%
    the rich grew 15%

    the poor have assets of $32,000...
    the rich $2,200,000

    A= homeowners.....sigh

    extract....
    The family home was the biggest contributor to household wealth. About 2.7 million households owned their home outright, with an average value of $541,000. For those with a mortgage, the average house value was $521,000 with an average mortgage of $188,000.

    ...........
    this flies in the face of the bears forecasts.....on housing...again and again and again.....sigh

    http://www.theaustralian.com.au/news/nation/australian-bureau-of-statistics-figures-show-the-nations-rich-are-getting-richer-poor-are-struggling/story-e6frg6nf-1226166633412
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.