Rising mortgage debt is affecting everything from employment to spending as Australians approach retirement, our study has found.
Higher levels of housing debt among pre-retirees are linked to them working for longer.
We found for a home owner aged 45-64 years, the chances of being employed are around 40 per cent higher for every additional $100,000 in mortgage …
Read the full article at: http://www.abc.net.au/news/2017-06-30/australians-working-longer-to-pay-off-their-growing-mortage-debt/8667672
