As interest rates rise, Sydney house prices are dropping and experts say it is a 'bellwether' for what is about to happen across the rest of the country.
"A lot of people are predicting a 10 per cent to 15 per cent fall in house prices, that will make it easier to put a deposit together."
From Sydney's east, where people have "overstretched", to Campbelltown in the city's south-west, mortgage stress is biting. "We've seen on our surveys people saying, well, you know, we have to eat, but we, we now maybe can't buy the kids clothes that we were expecting to buy.The map shows the number of households in each postcode that are experiencing financial stress.
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