50% missed their mortagage. i would imagine it be much higher for student loans and auto loans. to make thing worse, Australia's debt service ratio is actually higher than US, JK is keepjng everything together and the tapering of stimulus is beggining - VERY VERY GRIM
source
https://medium.com/@avidcommentator/crisis-debt-and-demographics-the-australian-property-markets-perfect-storm-da71a48493f2
Mon, 13 July - Bring it on!, page-11
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