Mortgage repayments as a percentage of gross annual household income were at 49 percent in the fourth quarter of last year. Since the first quarter of 2022, this measure has been in a range of 49 percent to 52 percent.
That doesn’t sound like rich people to me. It sounds like people desperately trying to escape renting, and own their own home.
That doesn’t sound like rich people to me. It sounds like people desperately trying to escape renting, and own their own home.