How state and federal governments are helping to fuel the housing boom | 7.30
Record low interest rates have encouraged Australians to borrow more than ever. State and federal governments are helping to encourage it, with a raft of inducements encouraging would-be buyers to take the plunge.
The average new mortgage is now almost half a million dollars, the highest it's ever been, meaning it could be a bloodbath if property prices fall or interest rates go up.
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Видео How state and federal governments are helping to fuel the housing boom | 7.30 канала ABC News In-depth
The average new mortgage is now almost half a million dollars, the highest it's ever been, meaning it could be a bloodbath if property prices fall or interest rates go up.
Watch Part 1 of Betting on the House here: https://youtu.be/JhsHTyA4Y1c
Watch Part 2 of Betting on the House here: https://youtu.be/WymZN7uNEUw
For more from ABC News, click here: https://ab.co/2kd3ALi
You can watch more ABC News content on iview: https://ab.co/39iq2Xt
Subscribe to ABC News In-depth: https://www.youtube.com/c/abcnewsindepth
For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews
Видео How state and federal governments are helping to fuel the housing boom | 7.30 канала ABC News In-depth
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