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Melbourne’s housing market is breaking down fast. Mortgage stress has hit record highs across Victoria, with thousands of families struggling to keep their homes as repayments soar. Interest rates, rising living costs, and collapsing construction companies are putting Australia’s second-largest city under enormous pressure. According to recent data, one in four homeowners in Melbourne is now in mortgage stress, and experts warn the situation could worsen in 2026. This video examines why the Melbourne housing market is collapsing, how mortgage defaults are rising, and what this means for Australia’s real estate, construction industry, and economy. We look at rising interest rates, government policies, and the impact on families across Victoria. Share your thoughts in the comments — have you noticed housing prices or rents changing in your area?Subscribe for more updates on Australia’s housing crisis, real estate news, and economic analysis. (This video reflects my personal opinion and public data — not financial advice.)