Whilst doing research for a client project today, it has come to my attention to that on my current income, I will not be able to borrow more than $200,000 for a 15 year loan from at least 2 of the major banks. With median house prices between $400,000 and $500,000 it appears that I will not be buying a new house anytime soon.
Thankfully, despite being born and raised in Australia, my Asian heritage allows for me to continue to live at home and leech off of my parents for all of eternity without it being frowned upon :)
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