Anonymous
ID: YrDeH0S4
6/23/2025, 5:07:20 PM No.508464072
>Only around 13–14% of Australian households earn enough today to afford the average $1 million home, assuming they had a standard 20% deposit and took out a mortgage at current interest rates. That means if every homeowner today had to re-buy the home they already live in at its current value, over 85% of them wouldn’t qualify for the loan based on their current income. Most Australians now live in homes they could no longer afford to purchase.
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