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Re:What Do Millennials Spend All Their Money On? by lobster_johnson on Sunday May 21, 2017 @07:20PM (#14389795)
What's the cause of the increase?
Re:What Do Millennials Spend All Their Money On? by kolokolo on Sunday May 21, 2017 @07:28PM (#14389833)
Inorganic population growth by immigration. There are heaps of millionaires in China and the banks are giving them quite some leverage.
Re:What Do Millennials Spend All Their Money On? by Mao_Zedang on Sunday May 21, 2017 @07:25PM (#14389818)
- pensions being invested in real estate

- overseas investment

- generous tax incentives where you can reduce your taxable income to zero, "negative gearing"