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Is buying a house becoming increasingly challenging for Australians?

HOUSING STOCK

Experts believe creating more homes can be part of the solution. Source: AAP / RUSSELL FREEMAN/AAPIMAGE

A new housing report shows a harsh picture for Australians hoping to buy a home - revealing housing affordability is at its worst level in three decades. Experts suggest rising house prices and mortgage rates are the main reasons.


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By Mahnaz Angury, Catriona Stirrat, Priyanka Hatwalne

Source: SBS



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A new housing report shows a harsh picture for Australians hoping to buy a home - revealing housing affordability is at its worst level in three decades. Experts suggest rising house prices and mortgage rates are the main reasons.


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