Starter Homes Special: Legitimising the myth of renting
The effect of home ownership on wealth is very real – the evidence is overwhelming
It’s an unfortunate reality, but repetition sometimes morphs into fact. Consider the Central Bank’s lending rules, for example. Some argue they are a force of good. However, the empirical evidence is a little more tenuous.
We regularly see headlines decrying poverty and wealth inequality. What we don’t see is how to remedy the issue or how housing is such a key component of wealth.
My formal training and livelihood as a financial...
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