As rates rise, who is buying and selling houses in Australia?
The Briefing · LiSTNR
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Show Notes
The Reserve Bank has today once again lifted the cash rate by 25 basis points, up to 4.35%.
It’s the 13th rate rise since last year, with many Australian homeowners struggling more than ever to afford their growing mortgage. Despite this, house prices are soaring to record levels across the country.
Today in this extra episode of The Briefing, we speak with two young Australians - one who is buying a home amidst the cost-of-living crisis, and one who has recently made the decision to sell. What influenced their decisions, and what is their advice to you?
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