droenn
Fat Man's XC President
A lot of news at the moment about trying to make the housing market more accessible, including members of government debating about allowing you to tuck into your super etc. And on the other side, some prominent economists saying that young Australians shouldn't bother buying now, just stick with renting.
I'm a millennial - just approaching my mid 30s, and I'm now leaning towards not buying a house, but looking at other ways of investing (any ideas?). But that feels so wrong to say - I guess we get told from a young age thats how it is - you get a job and then you get a house and you pay off a mortgage over a number of years and then you give that house to your kids.
Just wondering if anyone else is in the same boat: thinking that the few good arguments for renting (not being tied down, landlord fixes all the broken stuff) look more and more attractive compared to shit like 10% house price increases in the last 12 months (Syd and Melb).
Also, dipping into your super seems about a solid financial decision as a harvey norman store card.
I'm a millennial - just approaching my mid 30s, and I'm now leaning towards not buying a house, but looking at other ways of investing (any ideas?). But that feels so wrong to say - I guess we get told from a young age thats how it is - you get a job and then you get a house and you pay off a mortgage over a number of years and then you give that house to your kids.
Just wondering if anyone else is in the same boat: thinking that the few good arguments for renting (not being tied down, landlord fixes all the broken stuff) look more and more attractive compared to shit like 10% house price increases in the last 12 months (Syd and Melb).
Also, dipping into your super seems about a solid financial decision as a harvey norman store card.