Inequality in NZ too is booming! Inflation bites at the wage earners. The government tries to impose wage moderation while house prices have been skyrocketing. So moderation for wage earners while asset owners reep the rewards from government policy?
Those with equity in a house and other assets have been watching their values increase, so a feel good factor there. Those with assets (predominately real estate in NZ) are more likely to vote?
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