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  1. 19-03-2024, 10:16 AM #27
    Bjauck
    Bjauck is offline
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    Taking on debt was certainly the way to accumulate equity in the past, in an environment of falling interest rates and surging asset (especially residential property) prices from the 1980’s onwards. However from today, whether this will continue to the same extent without workforce productivity gains and/or a shift away from income tax to capital or estate taxes, seems quite speculative to me.
    Last edited by Bjauck; 19-03-2024 at 10:19 AM.
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