'Rentvesting' reviving dream home hopes for young Aussies
Younger generations are being urged to consider ‘rentvesting’, syndication or teaming up with friends to enter the property market, as many fear the dream of home ownership is starting to slip away.
Buying your first house and not actually living in it may not, at first glance, appear to be a clear pathway to owning your dream home.
But it is emerging as an effective way for young Australians to get a foothold on the property ladder.
For many of the country’s younger generations, the aspiration of home ownership, particularly in Australia’s bigger cities, has become more abject fantasy than possible reality.
While housing affordability ha…