Key Takeaway
KPMG analysis rebuts claims older generations had it harder when it came to buying and paying off a homeGet our breaking news email, free app or daily news podcastAustralia’s national mortgage burden is heavier now than it was when lending rates reached 17% at the end of the 1980s, new analysis reveals. Terry Rawnsley, an urban economist at KPMG, said…
Published July 1, 2026 · Category: News
Overview
KPMG analysis rebuts claims older generations had it harder when it came to buying and paying off a home
Australia’s national mortgage burden is heavier now than it was when lending rates reached 17% at the end of the 1980s, new analysis reveals.
Details
Terry Rawnsley, an urban economist at KPMG, said his research was in part a “myth-busting” exercise aimed at rebutting oft-repeated claims that previous generations had it harder when it came to buying and paying off a home.
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Source
Originally published at www.theguardian.com.
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KPMG analysis rebuts claims older generations had it harder when it came to buying and paying off a homeGet our breaking news email, free app or daily news podcastAustralia’s national mortgage burden is heavier now than it was when lending rates reached 17% at the end of the 1980s, new analysis reveals.Terry Rawnsley, an urban economist at KPMG, said his research was in part a “myth-busting” exercise aimed at rebutting oft-repeated claims that previous generations had it harder when it came to b
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This story was reported by The Guardian World.