Roy Morgan research shows 1.5 million people – almost a third of all mortgage holders – are spending 25 to 45% of their income on their home loan
  • Lintson
    10·
    10 months ago

    The wealth of so many Australians is tethered to property ownership that to threaten housing prices is to basically ask to lose an election.

    • Pons_Aelius@kbin.social
      7·
      10 months ago

      Only while there are more home owners than renters voting. But with the population being 2/3 owners (half with a mortgage) and 1/3 renters that will not change for a long while.

      • Taleya
        2·
        10 months ago

        Not quite accurate: not every homeowner wants this goddamn insanity to continue.