No.... its not different his time.
you have a choice to buy a house ranging from 150k-millions.
If people choose to buy 500k houses on low incomes then it serves them right they are in mortgage stress.
perhaps they shouldnt have bought unrequired things like plasmas and luxury cars.
How do u define mortgage stress?
Anyone who has a mortgae doesnt enjoy paying it, so in reality we are all in stress to some degree.
Just because some government economist puts perameters on who is in the "stressed" box means very little.
If u cant afford it, sell and buy something cheaper.
its really not that hard to work out....is it?
Interest rates coming down will help also.
In saying that, the whole population didnt buy in the last 12 months.
U guys seem to put everyone into one basket fits all.
No.... its not different his time.you have a choice to buy a...
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