Financial Pressure Reports: May 2024 - 2. Mortgage Stress

This is the second part in a series of posts which deep dives into our latest survey results, with a focus on mortgage stress.

If you want details of a particular post code, drop it in the comments below, and I will endeavour to add it to a later show.

The full 2,000 post code series is available by subscription from our Patreon channel below.

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[bloodmuffin]

People still aren't selling though.

[prancer]

The way we all burning through money is unbelievable it never stops 70% of people must be struggling so much 🤔🤔😳

[jetplane]

Hello Martin 🙂

Great idea doing chapters, that is much improved

[moeuramo]

I think any sitting politician should be asked to resign as they can not wash their hands of this pain that has been inflicted on the youngest and most vulnerable young people who are now betrayed by having university costing them a fortune and housing costing them more than the entire lifetime of earnings . Its diabolical. Sorry to use such strong language but I believe it is warranted .

[rogerk]

Postcode 3111 thanks for your wonderful shows Martin!

[scorer]

Do you have any data from your suveys regarding how many people are on mortgage holiday?

[AUThePunisher]

FED will have to raise, guess what will happen with Pacific Peso?

[rogerk]

Postcode 3111 please - thanks for your brilliant work Martin

[BaconSandwich]

Thanks for your work Martin. Interested in NSW 2261 Glenning Valley

[Scargoman]

Post code 3875 Bairnsdale Vic and the “oldest” Victorian post code ….. 3880 Paynesville Vic. The second one, 3880, should be on the very edge of the statistical bell curve, not that most inhabitants can hear a bell these days😂

[vlo]

Thanks for the great videos Martin. Post code 2060 please

[Scargoman]

Great to see US reintroducing the “no deposit buy a home scam” (oops scheme)……at least APRA’s reduced the lending criteria to the “sure to fail” setting for new home buyers ….. welcome to Aussie, all you new Australians, where to Roos keep hopping and the banks keep robbing!

[downtoearth]

Every owner is being exploited by councils with valuations yielding rste rises.

[meech.]

Thanks for the video Martin,

Out of curiosity, in your opinion, do you think that the tides are turning in WA or will the rent/mortgage stress carry on for way, way longer?

Mitch 🫡