{"id":32882,"date":"2021-06-16T09:19:56","date_gmt":"2021-06-15T21:19:56","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32882"},"modified":"2021-06-18T11:32:30","modified_gmt":"2021-06-17T23:32:30","slug":"aussies-new-secret-to-homeownership","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/aussies-new-secret-to-homeownership\/","title":{"rendered":"Aussies\u2019 new secret to homeownership"},"content":{"rendered":"<p><strong>PHOTO: Aussie are turning to cryptocurrencies as a legitimate option to fund their housing dreams. <span class=\"image-source\"><em>Source: istock<\/em><\/span><\/strong><\/p>\n<p class=\"description\">An increasing number of Millennials are choosing <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=cryptocurrency&amp;submit=Search\">cryptocurrency<\/a> over traditional savings methods in a bid to get into the runaway property market.<\/p>\n<div class=\"story-content\">\n<p>One financial expert, however, said investors should enter the asset class at their own risk.<\/p>\n<p>According to new research by Kraken, a San Fransisco-based digital asset exchange, 22 per cent of Australians believe investing in cryptocurrency is an easier way to hit their deposit goals than leaving their savings in a bank earning record low interest.<\/p>\n<p>\u201cI think a large percentage of young people are feeling &#8211; especially in the context of this growth we\u2019ve been seeing in property &#8211; that it\u2019s become such a hard market to crack,\u201d said Jonathon Miller, Kraken\u2019s Australian managing director.<\/p>\n<p>\u201cAustralians still maintain some conservative attitudes toward investment. Property has been a cultural norm and high on the wish list for most investors, but as affordability continues to be an issue, we\u2019re seeing more young people look for other options to grow wealth,\u201d Mr Miller said.<\/p>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/buying\/one-in-five-aussies-believe-cryptocurrency-is-the-secret-to-homeownership-as-confidence-in-traditional-savings-drops\/news-story\/60d5424fa8eb947de5b42b677e315ee2\">NEWS.COM.AU<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Aussie are turning to cryptocurrencies as a legitimate option<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/aussies-new-secret-to-homeownership\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":10903,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478116461,478115483,478098856,478098566,478098519,478099924,478098535,478116463,478099205,478098513,478101743,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478116462],"class_list":["entry","author-data123nz","post-32882","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-cameron-mcevoy","tag-cryptocurrencies","tag-cryptocurrency","tag-first-home-buyers","tag-home-ownership","tag-homeownership","tag-house-prices","tag-housing-dreams","tag-millennials","tag-property","tag-property-correction","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-runaway-property-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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