Page 37 of herald sun written by Nick Gardner states that almost half of first home buyers who took out first home buyer grants are in stress already and many are in arrears .
A survey by fujitsu consulting has revealed that 45 percent of first home buyers who entered in the last 18 months are experiencing mortgage stress or severe mort. stress .
This writer has quoted Prof. Keen so make of it what u will .
I also note some sales around my area in the last week where I sold in December did not make boom time prices with many sales under 400 k .
I feel sad for those in mortgage stress and hope they can resolve their problems . cheers
