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It's not just the little people being stung by the US economy's downturn even Hollywood celebrities are copping it as the value of their properties plummets.
Looking for a new pad? How about the world's most expensive property, just sold in London?
As expected the Reserve Bank of Australia has left official interest rates on hold at 7.25 percent.
ninemsn Money readers have given firsthand accounts of life at the financial margins as rising interest rates and living costs take their toll.
Who can afford to pay 50 per cent more for a house? And, of those who can afford it, who would?
House prices are the soft spot in Australia's economic psyche. Fuel and food prices might rise, but nothing has the emotional impact of the prospect of losing one's house.
Along with petrol prices, food and interest rates, house prices are the key financial pain point for many Australians.
Talk of the high interest rate regime being here to stay for quite a while begs the question of how can you make your current home loan more manageable?
What value should you put on a home loans rewards scheme?
With yet another RBA interest rate rise to contend with, it's looking less and less likely that you can move up to a luxury home with the lot including a beautiful bathroom and ensuite.