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Rentvesting in Australia: A deep dive
Rentvesting in Australia: A deep dive 17 April 2024 Matthew Hughes Source: The Property Tribune Written By: Thierry Ng Rentvesting allows first-time buyers to rent where they want while investing in a more affordable property elsewhere. Evaluating location, price, and potential growth is crucial for choosing a suitable investment property for rentvesting. Seeking professional advice from qualified experts is essential for successfully implementing the rentvesting strategy. The state of Australia’s rental market is nothing short of sordid . The news cycle is rife with stories of rents punching through records— a pattern not likely to abate soon , considering how net migration continues to rise while the construction industry struggles to deliver new homes to cope with existing demand. As rent prices get closer to mortgage repayments in some areas , home buying has become more appealing to long-time renters eager to escape the rent trap. However, a cursory search of properties in areas most home buyers want to live in – lifestyle locations with easy access to amenities – will stump most homebuying aspirations. For the average Australian living on an average income, your first home wi
Source: The Property Tribune Written By: Thierry Ng Rentvesting allows first-time buyers to rent where… Read Article