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NikolaiFyodorov · 524 days ago · link · · parent · post: The End of Homeownership -- Canadians have been sold on the promise of homeownership. The promise was always flawed. Today it’s simply broken.
Excellent read. So much of what is written here applies exactly the same to Australia and New Zealand. Except for this part: > More than a fifth of our national wealth is tied up in housing. In Australia, it's closer to two-thirds.