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Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them? (www.theguardian.com)
submitted 3 weeks ago by to c/australia@aussie.zone
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In one in 10 suburbs and towns across the country, repayments are less than $200 a week higher than rent, for the typical property. In some suburbs, they are actually cheaper.

I hope someone here who is renting can find a place of their own.

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[–] [S] 1 point 2 weeks ago

Sure, but getting your foot in the door with a mortgage s still a great incentive for many who'd rather sleep on an inflatable mattress on the floor of their own place than rent for ever, especially at the exorbitant rental costs in this country.

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