Melbourne's multicultural suburbs hit hard by mortgage stress as interest rates rise - ABC News
8/18/2022 12:00:00 AM2 years 8 months ago
by Kristian Silva
by Kristian Silva
Migrants are at the forefront of Australia's mortgage stress crisis, financial experts say, with boom suburbs in Melbourne's fringe filled with owners struggling to make repayments.
Three years after migrating to Australia from Africa, Lea moved into her dream house in 2019. Key points:
- In some of Melbourne's most multicultural postcodes, an expert says up to 80 per ce… [+5099 chars] full article...