Latest / Early Edition with Ryan Bridge
Ryan Bridge: Buying a house is hard, but still worth it
Buying a house is hard, but still worth it.
There's new CoreLogic data out this morning, it's a housing affordability report looking at median property values versus median income for households.
Let's put all the detail aside for a second and cut to the chase. Basically, the good news for you, houses are worth 7.9% household income – they were worth 10 times.
So that is good news.
Also good news: the time it takes to save for a deposit is now 10 years. It's better than the 13 years that it took in 2021.
So that's the good news.
The bad news from the start of this morning: mortgage payments…
The skinny
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