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Old 25-10-2014, 12:30 AM
xelasnave's Avatar
xelasnave
Gravity does not Suck

xelasnave is offline
 
Join Date: Mar 2005
Location: Tabulam
Posts: 17,003
Land is very cheap $1000 an acre if you look.
We have a secure title system so getting 100 acres is easy really...that is one way to get some wealth.
And even city real estate is cheap.
Investing in real estate is subsidised via negative gearing.
Do we have slums ..no I don't think so.
The poorest guy I know can still buy a lap top and a car while on the dole.
I think we are very well off....just spend less than you get in and you will be ok.
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