Here's some more Recreational Statistics (a branch of Recreation Mathematics):
There are about 11.1 million residential properties in Australia, 30% of which, some 3.25 million residential properties, are held by investors.[1]
There are 25 million people in Australia, about 17.5 million of those are adults aged 25 years or older, of which about 12.8%, or 2.25 million, own one or more investment properties.[1,2]
Let's assume the majority of investment property owners also own their own home.
So, about 13% of Australian adults own about 60% of the housing.
Does that sound reasonable? I don't know if there's some alternate timeline where housing is more evenly distributed and life is better, or how to get there if we think that's a good idea.
There are about 11.1 million residential properties in Australia, 30% of which, some 3.25 million residential properties, are held by investors.[1]
There are 25 million people in Australia, about 17.5 million of those are adults aged 25 years or older, of which about 12.8%, or 2.25 million, own one or more investment properties.[1,2]
Let's assume the majority of investment property owners also own their own home.
So, about 13% of Australian adults own about 60% of the housing.
Does that sound reasonable? I don't know if there's some alternate timeline where housing is more evenly distributed and life is better, or how to get there if we think that's a good idea.
1. https://realtyai.com.au/inside-australias-property-boom-how-...
2. https://realtyai.com.au/inside-australias-property-boom-how-...