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submitted 2 years ago* (last edited 2 years ago) by Designate6361@lemmy.ml to c/australia@lemmy.ml

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Who else is having their mortgage fecked by interest rates at the moment.

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[–] Designate6361@lemmy.ml 2 points 2 years ago (1 children)

Yeah i was hearing that a couple of days ago. Who the fuck is cashed up enough for that ....

Ohhhhhhh thats right.... Investors .....

[–] min0nim@aussie.zone 2 points 2 years ago

It was likely a lot of oldies who were still exiting the cities - selling their mortgage free homes and buying with the cash in the burbs & regions.