‘Incredibly difficult’ to buy a house ‘right now’ as interest rates rise

Public Affairs consultant Erin Watson says “trying to buy a home in this country is incredibly difficult right now” as the Reserve Bank of Australia has raised interest rates.

“On the one hand, living costs have increased tremendously, but what does this mean for the housing market now?” she told Sky News presenter Jenna Clarke.

“It’s so out of everyone’s reach.”

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