mozz "Despite the great aussie dream only 35% of NSWelshmen own their own home - the rest are renting. "
Simply not true.
About 35% own their homes without any mortgage.
About another 35% have a mortgage.
Only about 30% are renting.
Now you could argue I suppose, that having a home loan means you are renting from the bank, but people don't normally look at it that way.
house price will increase by 40 percent, page-33
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