The property advice young Australians are increasingly ignoring – NEWS.com.au

Brendon Hillsley is one of many young Australians choosing to skip the stepping stone home to reap the benefits of buying an investment property instead.The 35-year-old is ignoring the old piece of advice that “rent money is dead money” as house prices continue to boom, putting his dream home well out of reach.
Lloyd Edge, director of buyers agency Aus Property Professionals, said the practice of rentvesting had become more popular in the past two or three years.
“People used to think ‘rent money…

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