Pass it on: building intergenerational wealth through property
Affordability pressures are leading many investors to bring their family into their property portfolio - find out how combining a young person’s income with a parent’s equity can create intergenerational wealth.
James Fitzgerald says an increasing number of older Australians are using 'lazy equity' to help their children climb the property ladder. Photo: Custodian
I have never viewed investing in real estate as a get rich quick proposition. It’s a slow burn and takes time and effort to locate the right properties to suit your own individual circumstances and objectives.
If you’re willing to learn the fundamentals, do the research and take the plunge, investing in residential property carries relatively low risk and can offer enormous rewards down the line.
But as property values continue to head skywards…
