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The Canberra Times
The Canberra Times
Brittney Levinson

REVEALED: Mortgage affordability in act at its worst since 1990 - The Real Truth

Canberra home owners are having to fork out the same percentage of their income to pay off their mortgage as they were in late 1990 - when the cash rate was a whopping 14 per cent.

But housing experts remain optimistic a mass of distressed home sales is unlikely.

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