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Ab · 18th January 2023, 18:05

I remember reading some mental stat back when the Auckland property boom was at its hottest, like if you'd owned a house in Auckland for more than 5 years that put in you in the global 1%.

Don't forget, though, the most important movements are at the bottom. In the past 20 years the number of people in the world living in extreme poverty has more than halved. That has changed the lives of a lot more people than the 1% growing richer.

18th January 2023, 18:05	#2055
Ab A mariachi ogre snorkel	I remember reading some mental stat back when the Auckland property boom was at its hottest, like if you'd owned a house in Auckland for more than 5 years that put in you in the global 1%. Don't forget, though, the most important movements are at the bottom. In the past 20 years the number of people in the world living in extreme poverty has more than halved. That has changed the lives of a lot more people than the 1% growing richer.