3 ms·

So basically it's 90+% of debt for housing (scroll down to the pie chart): https://www.finder.com.au/australias-personal-debt-reported-as-highest-in-the-world

So basically it's 90+% of debt for housing (scroll down to the pie chart): https://www.finder.com.au/australias-personal-debt-reported-as-highest-in-the-world https://www.finder.com.au/australias-personal-debt-reported-... I'm including 'Investment debt' cause who are we kidding? It's all investment properties.

siquick 5y ago
Feels like that chart is slightly misleading - it’s easy for credit card debt to appear to be low when there are so many high value mortgages. $20k CC debt is only 2% of the value of a $1m mortgage.
dannyw 5y ago
huh? plenty of brokers offer margin trading at decent interest rates.