‘We never would have bought’: Australian mortgage holders feel the pain as interest rates rise again
‘We never would have bought’: Australian mortgage holders feel the pain as interest rates rise again
www.theguardian.com
‘We never would have bought’: Australian mortgage holders feel the pain as interest rates rise again
The RBA’s widely anticipated decision marks the end of the shortest rate-cutting cycle in the reserve’s modern history, hitting mortgagees hard
They have decided to sell their newly finished home and pivot to the tiny house movement due to “cost of living and lack of freedom”.
“Humans are not meant to live this way,” she says. “It’s causing a cascade of issues, health issues, a mental health crisis and the fact that so many people aren’t having kids because they simply can’t afford it.”