Comment by warent

It always strikes me as odd that I'm in the top 1% of income earners and even still the only hope I really have of ever owning a house is:

1. moving somewhere super rural

2. selling my business

3. sell my soul to Google or Facebook etc for 5-10 yrs

The situation is dire for me and basically hopeless for everyone else.

Put a huge tax on vacancies and cap the number of residential properties a business is allowed to purchase in a year.

EDIT: Apologies for the confusion everyone. I meant top 1% for my age bracket. Nowhere near rich old folk making 500k

Probably more like top 10% overall, thanks @geebee