Business
The property advice young Australians are increasingly ignoring – NEWS.com.au
The property advice young Australians are increasingly ignoring
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…
-
General21 hours agoGeelong Cats AFL star Bailey Smith details mental health battle during All-Australian speech
-
Noosa News12 hours agoBrisbane nation’s third-youngest capital; Leaders condemn anti-immigration rally
-
Noosa News20 hours agoQld nurses poised to strike deal with Crisafulli government
-
General17 hours agoUS CDC boss Susan Monarez refuses to quit, defying Trump’s White House