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Forget record low rates, younger generations pay most for housing

July 23, 2021 - 11:30 -- Admin

Think Tank Per Capita has released a new discussion paper entitled “Generation Stressed”, which shows that Australian households have experienced “a significant increase in the lifetime expenditure on the median mortgage” over the generations, specifically: “For a Silent Generation family buying in 1970, the average repayment cost over the course of the mortgage was 11.2%

The post Forget record low rates, younger generations pay most for housing appeared first on MacroBusiness.

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