db8f87ae4b8b5d0ee39173cda14a4b86b7cd916690646743a2a9af3d67048bdb on Nostr: Not enough, most people in Australia are just numb to leverage ...

Not enough, most people in Australia are just numb to leverage

quoting
note1xtl…zl04

It has become normalized to put down 8-20% for a mortgage downpayment.

I wonder how many people consider that they are effectively going leverage long property approx 5-12x?