What happens if both RENTS double as housing/MORTGAGES double.
Yes current wage is $60K including over time, = $42K Net
Average RENT in Australia is now $450pw, if prices double thats $900pw = $47K (MORE than INCOME)
average Mortage now is $360K in australia, home loans before current emergancy rates applied were 10%, a home loan at 10% on $360K costs $39K P.A if house prices double than the loan size will double and it will cost $78K P.A (HIGHER THAN INCOME)
YOUR SOLUTION - TWO INCOMES WILL COVER IT
so how about now replying to my question you keep dodging? i assume that because you wont address it you know its correct and dont want to look at it?
