Affordability remains key issue as investors flock to COVID-free states - REIA
Real Estate Institute of Australia (REIA) President, Adrian Kelly said new loan commitments to owner occupiers fell while investors increased their interest in zero COVID states.
Consulting Economist for ME Bank, Jeff Oughton and Shane Garrett, senior economist at HIA discusses mortgage stress as ME Bank releases its 14th Household Financial Comfort Report today.
More than half of households are contributing more than 30 per cent of their disposable household income - a common benchmark for financial stress - towards rent or paying off their mortgage.
