tzongocu on Nostr: 📰 News Alert: 🔖 Title: Aussies warm to ‘extend and pretend’ mortgage ...
📰 News Alert:
🔖 Title: Aussies warm to ‘extend and pretend’ mortgage slavery
🗓️ Published: Mon, 24 Feb 2025 02:30:06 +0000
📄 Summary: Australian housing affordability has reached a record low, with the percentage of income needed to meet mortgage repayments hitting 50.6% at the end of 2024. Rental affordability is also at a new low, posing challenges for first-time buyers. The recent 0.25% interest rate cut may provide some relief, but the future implications remain uncertain.
🔗 https://www.macrobusiness.com.au/2025/02/aussies-warm-to-extend-and-pretend-mortgage-slavery/
🗞️ Source: MacroBusiness
#bitcoin #crypto #news
🔖 Title: Aussies warm to ‘extend and pretend’ mortgage slavery
🗓️ Published: Mon, 24 Feb 2025 02:30:06 +0000
📄 Summary: Australian housing affordability has reached a record low, with the percentage of income needed to meet mortgage repayments hitting 50.6% at the end of 2024. Rental affordability is also at a new low, posing challenges for first-time buyers. The recent 0.25% interest rate cut may provide some relief, but the future implications remain uncertain.
🔗 https://www.macrobusiness.com.au/2025/02/aussies-warm-to-extend-and-pretend-mortgage-slavery/
🗞️ Source: MacroBusiness
#bitcoin #crypto #news