Aussies question mortgage breaking point as rate hike pressure mounts
With interest rate pressures grinding on, Australian borrowers are openly debating how many more hikes households can absorb before forced sales surge. While cafes and shops remain busy, indebted mortgage holders report reaching their financial limits.
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AI-assisted summary of the sources above. General information only, not financial advice.
What Reddit is saying: AusFinance posters pointed out that only a third of households have a mortgage, driving a two-speed economy where high government spending keeps inflation sticky.
Top comments on r/AusFinance
Remember when the BoM paid Accenture $100M for a website. This is the type of gov spending that must be stopped.
Take a look at your local cafe. Packed. Shopping centres-packed. Only 1/3 have a mortgage
From Reddit, ranked by upvotes. These are the views of the people who wrote them, not OzGhosty's.
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