Abbie Chatfield
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's only so much money that you can have that would change your life and your family's life and your family's family's life.
Like when you get to a billion dollars, everyone around you is completely fine.
I can't comprehend it.
Next question is about hoarding of wealth.
So someone asked, we know older generations are hoarding wealth, causing younger Australians to feel like we don't have the same fair go as our parents and grandparents had.
How will this inequality change as the older generations begin to pass their assets and they're redistributed amongst families?
What can we expect from the housing market, i.e., basically, do we have to wait for boomers to die so we can hold on to hope of any affordable housing in the future?
See, I worry about the inheritance of wealth because I fear that it will actually have more of a stronghold.
Yes.
Solidify like a class system.
The next question is about renters.
We've got two questions.
We'll ask them both in a row because they're both kind of connected.
It says, what does this budget mean for renters?
Is there a risk that landlords will be raising the rent more often or selling their houses and then leaving renters without anywhere to live?
And then someone said, where does the narrative of raising rent come from?
Does it have any merit?
So we can have that.
It's so sad that when I was a kid, even 20 years ago, when I was like six, I
I, it was still viable.