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Older borrowers taking out later-in-life loans risk post-retirement mortgage pain (www.abc.net.au)

submitted 9 months ago by hanrahan@slrpnk.net to c/ausfinance@aussie.zone

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Australians are increasingly taking out home loans later in life as higher property prices delay first-home buyers getting into the market — with some analysts warning it could lead to post-retirement mortgage pain.

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[–] dgriffith@aussie.zone 0 points 9 months ago* (last edited 9 months ago)

risk post-retirement mortgage pain

Hahahahaha, "retirement", that's a good one.

- GenX with a 700k mortgage.

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