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Old 30-08-2017, 08:13 PM   #264
b0son
FF.Com.Au Hardcore
 
Join Date: Feb 2005
Posts: 4,999
Default Re: Australia housing bubble

Quote:
Originally Posted by FairmontGS View Post
I couldn't make any inroad on my mortgage back then, but I could afford to buy a house initially. It's the reverse situation for many now.
Something few consider. Interest rates may be lower, but the house is far more as a % of income. Trying to get a deposit together is way harder, with prices often rising faster than people can save.
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