Rentvesting - Pros & Cons

RentvestingRentvesting is the term millenials have coined in response to Australia's rising house prices.

But, what is it? and why does it work?

Rentvesting is on the rise, for more reasons than one. Home owners are allowing others to cover the cost of their mortgage repayments, while they relax inside a different rental they call home. Would you consider applying this approach to home ownership? Let's weigh up the pros and cons.

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Can you buy a home if you're single?

Single Singing a duet, getting a hug, playing Marco Polo... there's just some things you can't do alone. Buying a home, however, is one of those things that doesn't necessarily require two people.

It's the Australian dream to own your own piece of real estate in any of the nation's capital cities, but it seems like everywhere you go, everyone from the media to your well-meaning friends are telling you that it can't be done solo. Unless you have a high income or have inherited a large sum of money, it's a pipe dream for most of us... or is it?

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The Budget - Smoke & Mirrors in Housing Affordability

smoke-and-mirrors-dayBudget time is always a funny period as Australia halts whilst waiting for the proposal, which is then usually blocked by the opposition. Making it almost a waste of time unless they bribe the independents to vote for the bill. Forgive the cynicism, but it's more than often pathetic!

So lets look at what’s been proposed on the finance & property front and how little thought these plans have had put into them.

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‘Bank tax’ may inflate mortgage rates

ScottMorrison

While the big ‘bank tax’ announced in Tuesday’s Budget was touted as a method of bringing a fair, even playing field between majors and non-majors, experts have warned that the measure could adversely impact consumers in the long term.

The new levy equates to six basis points on net liabilities at the five biggest banks. Assuming up to 80% of all liabilities are captured, this could equal 4-5% of the annual profit of the big four banks, said Martin North, principal of Digital Finance Analytics (DFA).

One option banks have to cover this cost could be lifting lending rates on products such as mortgages, he warned.

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Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House
Mortgage Broker Gold Coast, Mortgage Brokers Gold Coast, House Deposit Percentage, How Much Deposit do I Need to Buy a House

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