We’ve just been punched in the throat again.

The RBA just delivered a shock rate hike for the 12th time in over a year.

This event has been described as ‘the final nail in the coffin’.

Mortgage costs have spiralled.

The middle class is being wiped out and if you have a mortgage, you’re toast.

If you’re already under the pump, just know this is just the beginning because the RBA is not done yet.

We will see desperate people selling their homes at whatever price they can get. This could be you.

But our politicians are busy making statements from their $12 million mansions to reassure people that their decisions are for everyone’s best interest.

Needless to say, the economy is in a total mess.

You’re about to see the rug pulled out from under you.

You have 18 months to take the necessary measures to avoid being wiped out financially.

But that’s not all.

There’s something MUCH bigger going on beneath the surface.

Something that the media is not talking about, and something that Australians are missing completely.

I’m talking about new developments that are going to have much worse implications than the 12 consecutive rate rises.

Look, we are being punished by inflation that’s out of control and on top of that, we’re being forced to sell our home and become renters again.

Here’s what’s happening right now:

Hundreds of thousands of mortgage holders are scrambling to pay their bills, let alone put food on the table.

A property in Australia is now about 12 times the annual Australian household income.

Rents have gone up 10% while wages have only gone up 4%.