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this post was submitted on 04 Sep 2025
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Doesn't matter how active they are. Yeah, most of of them don't give a shit that a particular scheme of theirs that some firm runs on their behalf buys new houses and uses them as assets. They are still the reason this all happens, they are the main catalyst for this shady practice. I mean, there is also shady corpos, but I pretty much lump all of that in one shitty ball of greed, like a hatesphere of evil of some sorts.
Treating houses as assets contributes to housing problem everywhere where there is no strong regulations against it.
Sorry chief. You're just making up nonsense based on the vibe. Everyone hates billionaires for good reason but they're not driving the housing crisis in Australia.