/biz/ - Business & Finance

Anonymous Sat Oct 20 18:58:43 2018 No.11466685 [View]
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>The number of Australian homeowners over the age of 65 still carrying mortgage debt has trebled since 2002, raising concerns the nation's retirement savings could be absorbed into the housing boom.

>In 2002 only 4 per cent of homeowners aged over 65 carried mortgage debt, figures from the Australian Bureau of Statistics show. By 2015, the latest figure available, that had grown to 12 per cent.

lol

https://www.sMh.com.au/money/borrowing/rapid-rise-in-retirees-with-mortgage-debt-20181018-p50aea.html

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