Thursday, November 10, 2011

Rental Ownership + Home Ownership

Proportion of income required to meet rental repayments has risen to 24.8% from 21.8% in 2001.

Proportion of income required to meet home loan repayments has risen to 34.6% from 25.1 in 2001

Interesting to see that both homeowners (34.6%) and renters (24.8%) are paying out a greater % of their income to have a roof over their head.

This has been rising since 2001 when it was 25.1% and 21.8% respectively.

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