Why Aussies are ditching homes they bought a couple of years ago | The Business

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 9 months ago by XaniaNews

36 Views

The proportion of homes for sale that were purchased less than two years ago is at the highest level since at least 2014. Analysts and agents say the figures likely reflect rising mortgage stress after 12 interest rate hikes since 2022.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-07-31/jump-in-quick-home-resales-blamed-on-rising-mortgage-stress/102656590

Financial counsellors are urging borrowers in trouble to seek advice early about their options so they remain in control of any sale process.

ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNews #ABCNewsAustralia

Category: News and politics
Tags: Australia, abc, abc news

Top 20 Videos with the Most Views in 2023 from YouTu...
YouTube is the world’s most popular video-sharing platform, where users can upload, watch, share...
YouTube vs YouTube Premium: What are the differences...
YouTube is the most popular video streaming platform in the world, with billions of hours of content uploaded...
YouTube Premium: What is it and why you should get it
YouTube Premium is a subscription service that offers a range of benefits for YouTube and YouTube Music...
How YouTube can be useful for learning games for chi...
YouTube is a popular online platform that allows users to upload, watch, and share videos on various topics. One...
How YouTube can be useful for getting more views on ...
YouTube is a popular online platform that allows users to upload, watch, and share videos on various topics. One...
How YouTube can be useful for the construction of DI...
YouTube is a popular online platform that allows users to upload, watch, and share videos on various topics. One...
The reasons why videos on sharing platforms are so w...
Videos are one of the most popular and engaging forms of online content, especially on sharing platforms like...
The Most Popular Types of Videos on YouTube
YouTube, the world's largest video-sharing platform, is home to a vast array of content that captures the...
The Different Types of Videos on Sharing Platforms
In today's digital world, sharing platforms have become popular spaces for people to upload and watch videos...
The Largest Video Sharing Platforms in 2023
Video sharing platforms are websites that allow users to upload, store, and deliver video content, and leverage it...