mean that when the fixed term of his interest-only mortgage ends in January, he will suddenly be losing money on the modest, two-bedroom unit he bought in Logan, south Brisbane for $150,000 in December, 2020.The two bedroom villa unit in Logan, which David Holt purchased for $150,000 in 2020.
Yvonne said when she did a recent search of rental nearby properties, it showed up just 3 out of 50 that she could "afford", however these would also swallow up more than half of her income. Yvonne said the amount of rental assistance she received from the government had not changed in years. The unit, he said, was an investment he hoped to pass on to his son, who has epilepsy and cannot work full time.
"It's not like she has been living beyond her means in luxury. I don't know where she could get a more affordable place." "Unfortunately things are going to get tougher before they get better, but it will get better," the spokesperson said.showing the cost of renting a two-bedroom unit in Brisbane had increased 15 percent over the last 12 months to August.
Please ban airbnb
Stop foreign ownership without living in them. The left the party of the elite
there's a very easy solution: all rental properties are confiscated and repurposed as low-cost public housing
I don't think this guy should have to lay his whole life bare for the sake of a news story, but am interested in whether you looked at these figures at all emcpherson_9? Or _EverybodysHome, who presumably put him forward? It's a VERY skewed example.
What a dog.