PHOTO: Emilia Rossi bought four properties by the time she was 32. Source: Supplied
EMILIA Rossi owns four properties and is an avid cryptocurrency and share market investor — but she still rents.
In fact, renting is both a lifestyle choice and a clever financial strategy for the 34-year-old lifestyle entrepreneur, who lives in an apartment in Docklands in Melbourne’s CBD.
“I rent everything I have. I sold my car one and a half years ago and I rent cars or use Uber or GoGet,” she said.
“Here in the city, owning a car doesn’t make sense, so I rent out my car spot because that makes more sense for my lifestyle.”
She said for inner-city dwellers such as herself, renting is actually cheaper than paying off a mortgage.
“I wouldn’t necessarily have this lifestyle in the suburbs because the cost of a two or three bedroom place is around half, so it would be cheaper to pay off a mortgage in the suburbs,” she said.
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