Is It More Affordable To Buy Now Than In 1990?

Property is more affordable now than in 1990, according to research carried out by the Property Investment Professionals of Australia (PIPA). Do you believe it?

In 1990, mortgage repayments would eat up 49% of the average salary, whereas today 41% of the average salary is taken up by mortgage repayments.

Our partner in Property Education for over a decade and the Chairman of PIPA, Peter ‘the Property Professor’ Koulizos, appears on Kevin Turner’s 4BC radio program to discuss housing affordability

 

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