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The argument this article makes is that Australians as a whole are not richer thanks to higher home prices, which is natural if houses a viewed as non-productive capital.

Therefore "rich" can't be the problem to solve for, it's fairness and equality. Culturally "a fair go" used to be the equivalent of the American Dream, and I think it's fair to say both are dead to most of the unlanded classes.

I've also spent a lot of time in Japan, and in many ways culturally they at 10-20 years ahead. For many life became unfordable there for different reasons, and I buy into that this contributed to the plummeting birthrates.

Societies come under evolutionary pressure, just as life does. It's entirely possible that unsustainable societies will simply die a quiet death while others take over.




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