Sky News host Gary Hardgrave says rising house prices and mortgage repayments are “at the heart of a lot of the big problems everyday Australians are facing”. “We’re hearing in Brisbane the catastrophising of what has been extraordinary house prices,” he said. “They’re now saying maybe, could be, possibly, in a year or two’s time, $160,000 on average less but people have borrowed big, house prices fall – this is a prison for them.”
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