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PHOTO: Rentvesting

As housing affordability continues to blow out and first home buyers continue to struggle, a key but often ignored property strategy is coming into its own.

As housing affordability continues to blow out and first home buyers continue to struggle to break into the housing market, a key but often ignored property strategy is coming into its own.

Despite resurgent optimism for first-home buyers coming into the new year courtesy of the Morrison Government’s Load Deposit Scheme, a sobering reminder for rookie property intenders came this week in the latest figures from the Australian Bureau of Statistics.

They revealed the number of loan commitments to owner occupier first home buyers fell 0.9 per cent in November following a 0.4 per cent fall in October – the first back-to-back fall since January 2019.

Rentvesting could be the ideal way for you to get into the property market. Picture: Tim Carrafa

Rentvesting could be the ideal way for you to get into the property market. Picture: Tim Carrafa Source: News Corp Australia

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