mega mortgage mug
(n) – a dual income (or more) h/hold who partic-p-tes in propping up the australian housing bubble by buying houses by taking out an excessively large housing loan. the resulting interest payments leave them to lead a life of poverty, but hey atleast they have a roof over their heads.
$600,000 to purchase a median property in melbourne now, you’d have to be a mega mortgage mug to even consider buying at these prices.
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