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Why Australians Are Not Selling Their House

houseSteven Cross’ news article on discusses the rate of Australians that hold onto their homes in the last ten years. The statistics show that the percentage of Australians not selling their house has increased due to several reasons.

One reason is that the cost of living in Australia has gone up so not many could really afford to buy a house every ten years. Another reason is that moving can also be very expensive. The third reason is that DIY projects have become really popular. Because of this, people have found out that renovating is a lot cheaper than moving.

Read the full article here.