Here’s an interest article our conveyancing solicitors recently stumbled across while researching property trends – ‘Young Australians rent to friends to afford mortgage’.
Unlocking Superannuation - Entering the Property Market:
The current skyrocketing housing prices are having a huge affect on young buyers looking to enter into the property market for the first time. In a clear majority of cases first-home buyers are simply being priced out of the market and outbid at auctions, with the alarming jump in prices currently taking hold in Sydney, Melbourne and Brisbane.