Mortgage Trauma in Brunswick: Thomson

Brunswick Labor.net


Categories

ALP
   Brunswick Branch
   Brunswick North Branch
   Brunswick South Branch
   Brunswick West Branch
   Campaign 2006
   Coburg Branch
   Coburg South Branch
   Labor History
Brunswick
Carlo Carli MP
   About Carlo
   Human Rights
   Office
   Papers & Speeches
   Parliament
   Press Releases
Community Campaigns
   Brunswick Baths
   Multicuturalism
   Refugees
   Rights at Work
Community Notices
Issues
   Climate Change
      Energy
      Water
   Democracy
   Education
   Health
   Housing
   Jobs & Economy
   Sport
   Transport

All categories

Downloads

Carlo Carli's GM Canola Submission
Carlo Carli's East West Link Needs Submission
Delivering for Brunswick
Racial & Religious Tolerance Act Kit
Carlo Carli's Young Driving Inquiry Submission

Petitions & Campaigns


Increase renewable energy generation
Save Brunswick Baths
Make Australia Nuclear Free Petition
Workers Rights
Workers Rights - Local
Women's Health
Unfair Dismissal Letter
A Just Australia

Links


Bronwyn Pike MP
Richard Wynne MP
Lindsay Tanner MP
Paula Rizzuto's Blog
Rank and Vile
Victorian Labor
Parliament
Moreland Council
CERES
Moreland Energy Foundation
Moreland Community Health Service
Brunswick Secondary College
Coburg Senior High School
Brickworks Collective
Melbourne Victory FC

About This Site


Australian Labor Partywww.brunswicklabor.net is a website/blog devoted to the dissemination of news about Labor in Brunswick, Carlo Carli MP and progressive/radical ideas.

www.carlocarli.net is authorised by Christopher Anderson, 3/58 Heller Cres, Brunswick West, 3055. chris@brunswicklabor.net

Blog Administration

Open login screen

Syndicate This Blog

XML RSS 0.91 feed
XML RSS 1.0 feed
XML RSS 2.0 feed
ATOM/XML ATOM 0.3 feed
XML RSS 2.0 Comments
XML OPML 1.0 feed

Powered by

Serendipity PHP Weblog

Monday, August 6. 2007

Mortgage Trauma in Brunswick: Thomson


Kelvin Thomson, Federal Labor MP for Wills has labelled John Howard's failure to keep interest rates low as "Mortgage Trauma".

He says...
In Brunswick we have monthly repayments on an average 25 year mortgage reaching dizzying heights of $3196.

This equates to 68.37% of the average household income being allocated to paying off a median priced home in Brunswick.

Mortgage stress occurs when more than 30% of a household income is used to pay off a mortgage, but the situation in Brunswick is twice this figure.

The better expression for the situation would be ‘Mortgage Trauma’!
More information here.
 
Posted by Chris Anderson in ALP, Jobs & Economy at 12:28

Trackbacks
Trackback specific URI for this entry

No Trackbacks

Comments
Display comments as (Linear | Threaded)
No comments.

Add Comment
Name
Email
Homepage
In reply to
Comment
Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
Standard emoticons like :-) and ;-) are converted to images.

To prevent automatted Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Only if the strings match, your comment will be submitted. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA