Hands up if you're sick of being locked out of the housing market right now.
"As a single parent with a young child, I knew I didn't have time to build a place myself. This was affordable and a very smooth process," she says. Alex describes herself as an "accidental" rentvestor — that is, someone who has purchased a property to rent out while they rent somewhere else. "If I didn't have that house and I was moving back to still be renting in Melbourne, I think things would feel pretty dire," she says.Financial adviser Debbi Lin says buying a property to rent out just to get a foot on the ladder can be risky.
If the Treasurer sent one letter to APRA tomorrow asking them to increase the assessment rate for new INVESTOR home loans to say 7%, property investors wouldn’t have as big an advantage at auctions the following Saturday. One letter.
Its called rent. No need to click on the bait.
So they tried a few glory holes instead.
🐈
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sight unseen property sales on the rise amid inspection banNikki didn’t inspect her Fitzroy North home before she purchased it. She’s among a growing group of homeowners who are buying sight unseen. lockdown restrictions covid Surely a professional property inspection can be done? How clever 🙄 So?
Source: theage - 🏆 8. / 77 Read more »
How a Liberal defence minister tried to promote his staffer to a top military postThe move by former minister Kevin Andrews was quickly thwarted, but defence chiefs are concerned that upcoming appointments must be free of political taint.
Source: theage - 🏆 8. / 77 Read more »
Last hurrah for one of Australia's oldest racing carsWhen 14-year-old Doug Partington bought his first racing car for 14 pounds, little did he know he'd bought a piece of motor racing history.
Source: abcnews - 🏆 5. / 83 Read more »
Why Teen phenom's father won't attend US finalLeylah Fernandez's father and coach has revealed why he will watch the final from home in Florida as he has for two weeks. 9WWOS
Source: wwos - 🏆 12. / 68 Read more »
'Water appears to be endless: Menindee Lakes fill for first time in almost a decadeAfter historic fish kills and what seemed like endless drought, the Menindee Lakes by Monday will hold more than three Sydney Harbours worth of floodwater — and locals couldn't be happier. watch it get stolen by cotton farmers 'Water' is effectively endless. It's our moronic management of that resource that limits the availability of 'good' water. some dodgy corrupt politician will still destroy it for personal Gain !! David Littleproud, Barnaby Joice !!
Source: abcnews - 🏆 5. / 83 Read more »
Victoria's regions wake to greater freedoms as train driver tests positive to COVID-19Regional Victorians can now travel as far as they want from their homes after the stay-at-home order and travel limit were lifted overnight. Unless you're in hospitality. Virtually unworkable!! “Teachers aren’t “entitled” to 11 wks annual lve. No more “curriculum days”, no more excuses for school closures to protect staff who choose not to be vaxxed. My wife & I work FT, & home school 3 kids at the same time – the teacher does a 30min class every 3rd day” BackToSchool
Source: SBSNews - 🏆 3. / 89 Read more »