Home ownership doesn’t guarantee happiness: Survey

PHOTO: Getting your money into a home is only part of the challenge.

SCRIMPING and savings for a home getting you down? Perhaps it’s time for a reality check: Owning a home doesn’t necessarily guarantee happiness, new research has found, with more than half of those with mortgages unhappy.

Researchers have found that the majority of Aussies consider their home loan a burden rather than a blessing.

The Gateway Mortgage Holders Sentiment Report found that 56 per cent of those who were currently paying off a mortgage or have paid off a mortgage found it a burden that somewhat limited their lifestyle.

READ MORE VIA REALESTATE.COM.AU