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The price gap between renting and buying has hit the widest point since 2000
(www.marketwatch.com)
this post was submitted on 25 Sep 2023
161 points (97.1% liked)
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In Australia it seems like the opposite.
$2000 a month in rent? They're basically asking for bank statements, payslips, work reference, ID and a whole bunch of fuckery. Way more information than what they should need.
But can they afford $1600 a month on a mortgage? Nah bank will deny them seemily because they can't afford it twice over.