RBA Interest Rates to plummet early 2023, page-2189

Anyone fully owned their house definitely considered rich & have spare cash... I mean the house is fully owned... any sort of income coning in is spare cash to save/enjoy/invest. That's 1/3 of the population.

1/3 are renters who rely on paycheck to paycheck just to pay rent for the rest of their useful life, isn't it? At one stage if they can't pay... then, they have to figure it out where to live... no safety blanket here...

1/3 are buying, many almost paying it off & halfway there... at least they are paying off something, rather than rent money going down the drain.