Few first home buyers have ever or will ever put down 20% they do 5% and pay LMI. If it is 680pw or $870 a week the fact is that buying a place...
Because they're not comparing square meterage's. They're answering the question "if you need somewhere to live how much does it cost ?" Should...
Question - are you currently paying that mortgage at current interest rates or is that just a hypothetical ? You're looking at about $720 a week...
They probably compare like for like. You're cherry picking some far away bottom of the barrel house to what is probably the average right in the...
Australia for 800k : live in a very far away suburb surrounded by nothing but housing little in the way of amenity or transport links or really...
Depends on your premise. If you compare Australia to other wealthy developed nations it comes off pretty short. If you compare it to anglosphere...
My take is yes: this is what the fundamentals suggest. However, govt often intervenes.
lol I don't work
I don't think anyone will be crying in their tea over landlords tbh.
Of course they will. You can't have rents jumping 50% and wages stagnant.
Landlords are digging their own grave making troubles for governments with these harsh rental increases and evictions and not putting places up...
There will almost certainly be rental controls and bans on evictions.
I do not believe this is true it sounds like hyperbole. There is no need to lie to me the RBA isn't listening to property chat.
Also lots of wages went up 25% to 50% during covid and look like they aren't going to fall too quickly. A lot didn't. Oh well.
How is there possibly suffering with rates at just 3.60. I conceded if you borrowed close to your maximum recently there may be some difficult but...
Agree with this the gov has set the scene for price increases. However, I disagree on your assumptions that rates will rightfully be cut. If rates...
I don't think there is widespread suffering in the economy. The well off are doing fine, the poor are still poor, possibly poorer, but that is...
Entry level mortgages are already quite unaffordable given how expensive everything else is in this country. The difference between an entry level...
I simply believe those who are consuming right now are quite "well off" (is that a better term) and will keep buying ipads for their kids...
Oh, I guess that depends on how you define rich. Sorry I'm just a commoner so rich to me means different to you.
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