Cost of living: Houses now take 40+ years on average to pay off in parts of Australia — HtAG Analytics
Rapidly increasing home prices and rising interest rates mean homebuyers may now need to spend up to 144 years to pay off their mortgages, shock new research reveals. Property technology firm HtAG Analytics showed how housing affordability continued to plummet by analysing their “years to own” metric, which estimated the number of years it would … [Read more…]