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Name: Vulnerable homeowners face the prospect of selling into a weakening property market
Uploaded: 2023-06-21T10:58:59.528Z
Duration: 1 min 46 s
Description: Borrowers in some of Australia's most vulnerable areas risk falling into negative equity, if interest rates continue to climb. Some experts say this is a time bomb and could spell disaster for some homeowners, who may be forced to either risk holding on and hope for a market recovery or sell at a loss.

Vulnerable homeowners face the prospect of selling into a weakening property market

Published 21 June 2023, 8:59 am

Borrowers in some of Australia's most vulnerable areas risk falling into negative equity, if interest rates continue to climb. Some experts say this is a time bomb and could spell disaster for some homeowners, who may be forced to either risk holding on and hope for a market recovery or sell at a loss.

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Australia

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