Global X ETFs senior investment strategist Mark Chokoum says roughly 68% of
Australian household wealth is tied to residential property, creating a
concentrated shock risk. House prices have fallen for five consecutive months;
with borrowing costs rising, that concentration can amplify financial stress.
Mortgage stress is now the main reason Australians seek financial assistance and
some lenders report deterioration in >90‑day mortgage delinquency rates. Chokoum
said it is premature to label this a housing or mortgage crisis but the signals
merit close monitoring.
