Exactly right. Our PPP is terrible, we have the weakest currency in the first world and our housing market is a play toy for foreign investment and speculators.
The cost of living in our largest cities is appalling. The wealth inequality is insane.
But hey, we do now technically have a capital gains tax “called the brightline test” and a terrible attempt at regulating tax on rentals… that’s only going to make rentals more expensive.
Our current government is great at COVID management but has precisely no ideas on how to get our economy going. The minimum wage increase is good but it’s barely better than CPI in real terms, especially in this COVID fucked market.
Credit: Source link
