The Age
·general
·3 hours ago
Middle-income earners spend record 33.1 percent of income on rent
Middle-income earners in Australia face high rental costs, with households dedicating a record 33.1 percent of their income to rent. Some suburbs offer mortgage repayments that are lower than similar rental costs, with savings of up to $270 weekly. Analysts urge renters to consider purchasing homes as an alternative to their escalating rental expenses.
Summary by Glance · The Age
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