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First homebuyer reality: ‘Rent forever’ or retire with a mortgage

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Jonathon Greenwood and Olivia Maclean, in their early 30s, have just bought their first home with a five per cent deposit – a two bedroom townhouse in Cairns, but they fear they may struggle to pay off the mortgage before retiremend. Picture: Brendan Radke.


Coming from Melbourne, Olivia…



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