@tomhawleymortgagebroker: In Perisher, an adult day lift pass now costs $249, up from $46 in 1990. Adjusting for inflation, the pass should cost $118. This stark increase highlights a growing divide between rich and poor in Australia. The rich can afford such luxuries, while average people are increasingly priced out. Inflation drives up prices but also widens the wealth gap. Inflation increases the value of hard assets like real estate, commodities, investments, and businesses, which benefits the wealthy. Conversely, it diminishes purchasing power, making everyday expenses harder to manage for the poor. This economic disparity is more pronounced due to underreported inflation rates. The rich get richer by owning appreciating assets, while the poor struggle as the value of money decreases. Video Credit: @Outback Mike #inflation #wealth #perisher #reaction #mortgage #fypシ #fyp #ski

Tom Hawley

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Region: AU

Saturday 10 August 2024 05:54:04 GMT

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32569 years old :

I just walk the hills

2024-08-12 01:16:03

Outback Mike :

Howdy Tom. That’s me. Do you think the RBA deliberately hides what the real inflation rate is? Is there a more reputable/credible measure or resource that more reflects actual inflation?

2024-08-19 08:06:56

Finanzas, Ahorro, lnversiones :

Dm@Austin_scott_trade

2024-08-10 19:44:03

Pengy :

Inflation sorry bro, this time it’s corporate profiteering. Vail has lifted the price of their owned sites across the world.

2024-08-12 10:51:08

Dany :

it costs more than playing golf. I'll pass sking 😏

2024-08-10 07:11:56

Dr Smith :

Hey! I've successfully verified and withdraw mine with the help of@Waqar Asim

2024-08-10 17:03:52

User69696969 :

Who tf goes skiing anyway

2024-08-12 04:23:41

ajtheastute :

Isn’t it more to do with the added 10 million people increase in Aus since 1990? There are more or less a fixed number of ski fields. This is very very simple stuff.

2024-09-02 01:18:43

coldstream3 :

Seriously though, how good is a ski trip to Japan or Canada!

2024-08-10 16:36:24

drb :

If you meet someone on a ski trip you know they’re not poor 😂

2024-08-12 00:42:39

James :

cheaper to fly to NZ and actually enjoy the skiing over there than the idiots who run the ones here

2024-08-12 06:46:21

Kim | PERTH Diamonds :

What about the increases in salary for employees as the minimum wage has increased, safety measures required for such a business ie. insurance, maintenance cost, vacancy if demand is high, these are all expensive factors for a business that should also be considered. I think the pricing is fair. Bottom line is the ski lodge is a business and it needs to run a profitable business.

2025-02-24 15:33:55

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