nostr:note1l0rzdhuxsjce24dz4ct2c45r4ag5u9d7qrxgrwchqjs9fx4slygsqmvkdnLOL AU housing makes me feel ridiculously poor, like I have to multiply these figures by 12, i'd have to take out a 100 year mortgage and sign over the first born to complete the payments upon my working till death in my 80s to make that work and even then I think that debt would pass down 3 generations
Discussion
If it makes you feel any better, the same goes for the average Aussie who would need a mortgage just to get the deposit on a house. This is completely out of reach for all bar wealthy Boomers or foreign investors.