News Formal

Our housing market is looking shaky

  • 📰 theage
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Property values are being held up artificially. What happens when the various safety nets disappear? | OPINION by economics writer Jess_Irvine

Who will be the first person to lose their home to COVID-19? It's only a matter of time.

In the new year, some households will be forced to confront the harsh reality that either by joblessness or reduced income they are unable to keep up with their old loan payments.At some point, our economy – suspended in mid-air, carefully frozen in time since March 2020 – must stand on its own two feet again.

No one is saying the taps will be turned off tomorrow but at some point, they will. Then the real pain will come. For decades, Australians have built their wealth and funded their retirements through rapidly rising home values. To date, home values have fallen only slightly since COVID-19, keeping a floor under household confidence.

 

コメントありがとうございます。コメントは審査後に公開されます。

Jess_Irvine Good article

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 8. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

ASX to recover, as Amazon and tech stocks boost Wall StreetThe Australian share market is set to rebound this morning, as it tries to claw back some of its heavy losses in the past four days.
ソース: abcnews - 🏆 5. / 83 続きを読む »