Property Investors Flaunt Portfolio on Sydney Harbour, Sparking Online Backlash
A video showcasing a group of property investors boasting about their real estate holdings has ignited controversy online, with many criticizing the display of wealth amidst Australia's ongoing housing crisis. The video, posted by The Scouting Australia Podcast, features individuals on a boat in Sydney Harbour revealing the number of investment properties they own. The participants, all employees of Australian Property Scout, a property investment firm, casually share their impressive portfolios, with one individual claiming to own 16 properties. While some viewers found the video inspiring, many others criticized it as tone-deaf and insensitive, considering the challenges faced by many Australians struggling to afford housing. With rising rental prices, soaring house prices, and a significant portion of homeowners struggling with mortgage repayments, the video struck a nerve with those grappling with the housing crisis. Critics pointed out the stark contrast […]