Mortgage Crisis in Australia as $100 Increase Would COLLAPSE 57% of Australians!

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2017-10-02 04:25

Australia, like so many other countries has seen an influx of hot money into their countries, to buy up real estate, land, and resources. The people of Australia have been happy to see their real estate value go up so they can use it like a bank account. The only issue is when a small change, can cause such a massive disruption.

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Sources Used in This Video:
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Home loans: ‘Mortgage stress’ is cropping up in Australia’s richest suburbs
http://www.news.com.au/finance/economy/australian-economy/severe-mortgage-stress-is-cropping-up-in-some-of-australias-richest-suburbs/news-story/ee41e8bdff03d137405f7845f51d65d1
$100 tipping point for 57% of mortgage holders
http://www.brokernews.com.au/news/breaking-news/100-tipping-point-for-57-of-mortgage-holders-235519.aspx
2017 Best Home Loans from 3.44% | Compare 3,000+ Deals | RateCity
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