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More Australians defaulting on mortgages: report

1points Posted 626 days, 21 hours ago by jj
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With the next critical meeting of the Reserve Bank only a week away, there is fresh evidence of growing mortgage stress across Australia.

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Source: http://www.abc.net.au/news/stories/2007/10/30/2074387.htm

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No mention of stress in WA, but with the costs of everything so high here I don’t think we can be far behind.

I find it hard to figure out how young people are affording mortgages at all.

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