Property analysts say a mix of economic conditions, policy settings and demographic shifts are among the reasons for the city's subdued dwelling price growth in the past five years.
You understand that buying a house requires good credit and a sizeable deposit? Both of which are things that many Australians are struggling to earn with the increase in rent and cost of basic needs.
If it were easy to “pay their own mortgage”, don’t you think more people would be doing that?
Even the people with deposits and pre-approved loans are struggling to find homes when well established slum-lords can outbid them by 100k on even the saddest 1x1.
You understand that buying a house requires good credit and a sizeable deposit? Both of which are things that many Australians are struggling to earn with the increase in rent and cost of basic needs.
If it were easy to “pay their own mortgage”, don’t you think more people would be doing that?
Even the people with deposits and pre-approved loans are struggling to find homes when well established slum-lords can outbid them by 100k on even the saddest 1x1.