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Podcast: When the Facts Change
Episode: Summer reissue: An epic intergenerational wealth transfer
Description: When the Facts Change is taking a short break over summer. We'll be back with new episodes soon, but until then here's one of our most popular episodes of 2021.From July: Over the last 30 years, a generation of voters and politicians made a decision to stop investing in infrastructure β itβs expensive, and it means you canβt cut taxes or keep rates low. Now weβre seeing the collective catastrophe of this underinvestment landing on our heads in the form of labour shortages and massive housing affordability problems. In this episode, Bernard Hickey reveals an intergenerational wealth t...