In a country where real estate borrowing is most often at variable rates, every decision of the central bank is scrutinized with anxiety. In Sydney, where real estate prices have more than quadrupled since the early 2000s, even wealthy households struggle to repay their loans.
In a country where real estate borrowing is most often at variable rates, every decision of the central bank is scrutinized with anxiety. In Sydney, where real estate prices have more than quadrupled since the early 2000s, even wealthy households struggle to repay their loans.