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okwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 5 days ago

House prices are falling. So why are many Australians still struggling to buy?

www.sbs.com.au

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House prices are falling. So why are many Australians still struggling to buy?

www.sbs.com.au

okwithmydecay@leminal.space to Australia@aussie.zoneEnglish · 5 days ago
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Borrowing power is shrinking faster than house prices, leaving many buyers no closer to owning a home.
  • FistingEnthusiast@lemmy.world
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    5 days ago

    Because even if you earn enough to afford the repayments, it’s the deposit and stamp duty that fuck you

    • LumpyPancakes@piefed.social
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      5 days ago

      Stamp duty seems to be a scam to me. I won’t move or downsize if I’m going to lose a year’s income for doing so.

      • pHr34kY@lemmy.world
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        5 days ago

        I’ve saved so much money by never changing anything.

        • sqgl@sh.itjust.works
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          4 days ago

          deleted by creator

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