If you're drowning in the Australian housing affordability crisis, watching house prices in Australia soar while your deposit savings barely move, you're not alone. For first home buyers in Australia, the market has never been tougher. With dwelling values now 8x the average income, mortgage repayments consuming 50% of household earnings, and rent taking up 33% - the dream of owning property feels out of reach. This episode breaks down the harsh reality with data that will shock you. But...
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If you're drowning in the Australian housing affordability crisis, watching house prices in Australia soar while your deposit savings barely move, you're not alone. For first home buyers in Australia, the market has never been tougher. With dwelling values now 8x the average income, mortgage repayments consuming 50% of household earnings, and rent taking up 33% - the dream of owning property feels out of reach. This episode breaks down the harsh reality with data that will shock you. But...
DON’T Choose The FIRST HOME GUARANTEE Without Considering This First
Rentvesting
20 minutes
6 months ago
DON’T Choose The FIRST HOME GUARANTEE Without Considering This First
Many first-time property buyers across Australia are sacrificing their lifestyle and financial flexibility for the illusion of homeownership - through the First Home Guarantee scheme. Today, Steve is diving into the pros and cons of the First Home Guarantee scheme versus the rentvesting strategy for first-time property buyers in Australia. While the 5% deposit requirement sounds attractive at first glance, Steve explores how this approach can force buyers into undesirable locations, limit...
Rentvesting
If you're drowning in the Australian housing affordability crisis, watching house prices in Australia soar while your deposit savings barely move, you're not alone. For first home buyers in Australia, the market has never been tougher. With dwelling values now 8x the average income, mortgage repayments consuming 50% of household earnings, and rent taking up 33% - the dream of owning property feels out of reach. This episode breaks down the harsh reality with data that will shock you. But...