Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them? pred 9 urami in 11 minutami As house prices plateau, the gap between the cost of buying and renting is narrowing in dozens of suburbsGet our breaking news email, free app or daily news podcastHigh rents and falling property prices have opened a rare window for Australian tenants to become homeowners, with mortgage repayments cheaper than rent in dozens of suburbs.
Guardian Australia’s analysis of Cotality data shows that median rents in inner-city Melbourne, suburban Canberra and Darwin are now nearly matching weekly home loan repayments.In one in 10 suburbs and towns across the country, repayments are less than $200 a week higher than rent, for the typical property. In some suburbs, they are actually cheaper. Continue reading...(The Guardian)
Trump in Georgia falsely claims election of Jon Ossoff was illegitimate pred 9 urami in 12 minutami President appears at rally for struggling Mike Collins, dismisses critics and touts ‘most successful’ two-year runAt a rally in north Georgia, Donald Trump again claimed that the 2020 election in Georgia was fraudulent, alleging that the election of US senator Jon Ossoff was illegitimate.Ossoff, who faces US congressman Mike Collins in November, does not represent Georgia’s values, Trump said. Continue reading...(The Guardian)
Reform councillor resigns after being filmed making racist remarks pred 9 urami in 41 minutami Alan Feeney, who sat on Solihull and Birmingham councils, said there was ‘no excuse’ for his comments Alan Feeney has resigned as a Reform councillor for Solihull and Birmingham after backlash over racist comments that were captured in an undercover investigation.In a Facebook post on Friday, Feeney wrote: “There is no excuse for my comments. With responsibility comes accountability, and it is for that reason that I have resigned every post I hold on both Solihull borough council and Birmingham city council.” Continue reading...(The Guardian)
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