Average NSW home loan jumps $78,100 in a year – Sydney Morning Herald

English: Sydney Harbour Bridge

English: Sydney Harbour Bridge (Photo credit: Wikipedia)

According to the SMH, home buyers are piling on debt, with new figures showing the average new mortgage is growing even faster than the turbocharged property market.

Source: Average NSW home loan jumps $78,100 in a year

Surely, it’s obvious to Australians that there’s an increasing risk of the bubble bursting?

Thoughts?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: