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INTERVIEW: Australians are struggling to pay off their mortgage, let alone save a deposit

Dr Nicola Powell (Supplied).jpg

Dr Nicola Powell Source: Supplied

More Australians are facing mortgage stress compared to five years ago and its due to a number of economic factors. And while some cost of living pressures are easing there is a growing divide in housing between the top and the bottom of the market according to a new report by Domain. The group's Chief of Research and Economics, Dr. Nicola Powell told SBS reporter Cameron Carr there is a missing middle in the property ladder.


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By Cameron Carr

Source: SBS News



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More Australians are facing mortgage stress compared to five years ago and its due to a number of economic factors. And while some cost of living pressures are easing there is a growing divide in housing between the top and the bottom of the market according to a new report by Domain. The group's Chief of Research and Economics, Dr. Nicola Powell told SBS reporter Cameron Carr there is a missing middle in the property ladder.


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