Mortgage Stress centred in safe Labor seats

The centre of the housing affordability crisis is south-west Sydney where it is estimated more than half of all families are paying in excess of 30 per cent of their income on housing repayments. Data prepared by the Housing Industry Association (HIA) has revealed that the problem is at its worst in a number of safe Labor seats, with only one government held seat (Wentworth) in the top ten electorates under mortgage stress.

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