"And what is this linking unemployment to house sales, do unemployed people not need a house to live in? Average home owner's mortgage repayment are less than rent, make little sence they would sell"
Love the logic! So, the unemployed go out to their money tree in their 300sq meter backyard to use for their repayments.
Off course not - what you find is consolidation in the market. People move in with others (friends/family/mum/dad) to share the cost. Less houses are needed.
Do you really think you can afford mortgage repayments on centrelink?
- Forums
- Property
- thousands of homes on market!!
"And what is this linking unemployment to house sales, do...
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