500,000 Aussies facing mortgage ‘cliff’ as ultra-low fixed-rate terms wind down

by Boo_Randy The housing bubble busts in the hottest markets like Australia and New Zealand, where people borrowed as much as 11X their income due to insanely overpriced housing, are going to be spectacular. Got popcorn? https://www.news.com.au/finance/economy/interest-rates/500000-aussies-facing-mortgage-cliff-as-ultralow-fixedrate-terms-wind-down/news-story/c12c6a483498468ee017a48dba58d37d Hundreds of thousands …

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