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There's an old joke that's been kicking around for the past decade or so:
"If you're struggling to make conversation with an adult Aussie, ask them for their thoughts on the housing market."
Real estate can be a fraught topic in Australia - not least of all because it's so expensive. In fact, there's been a growing assumption that the only people who can afford to invest are the independently wealthy. Well, them, or people who bought into the market 30 years ago.
In this chapter of Aussie FIRE, Victor from the Frugal Samurai is here to bring property to everyone. He explores how to plan for an entry into property investment, and details the different strategies you could apply.
He also covers what he believes you should look for (and avoid) in real estate, and ponders the "rent vs buy" debate for your primary place of residence.
Listen to the chapter above, or read it here.
Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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