Australians with big mortgages are stressed out – and the mental health toll is heavy

Mortgage holders like Emily Knights say financial pressure is causing serious anxiety, as a study reveals the effects of debt stress and rising rates Get our breaking news email , free app or daily news podcast When Emily Knights bought a quaint two-bedroom starter home with her then-partner in Geelong, Victoria, the milestone marked years of financial sacrifice.

However, the end of their relationship shortly afterwards left her shouldering the entire mortgage on a home that needed renovation and had “no working oven”.

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