12/12/2022
Did you know that Australians have one of the highest rates of home ownership in the world? While owning a home is often seen as a sign of success, the high demand for residential property could become a concern as interest rates continue to rise. Higher interest rates can make it more difficult for people to afford their mortgage payments, potentially leading to defaults and foreclosures. What do you think about the state of Australia's housing market? Let us know in the comments below!