| If you are renting and paying $950 a
| |
| | prices were in the outer suburbs, and
|
| month, it's very easy to spend the rest
| |
| | areas not well serviced by public
|
| of your pay-packet on meals out, new
| |
| | transport.
|
| clothes, and entertainment. There is some
| |
| | We live in a consumer generation that is
|
| inherent benefit of having a mortgage and
| |
| | very confident about the future. Some
|
| needing to pay the loan repayments. This
| |
| | people have only ever known prosperity
|
| is a habit aspiring home-buyers should
| |
| | and don't understand the idea of
|
| get into. That is what many people are
| |
| | investing for a bad period. Renting
|
| doing. Agents say, that in most cases,
| |
| | fulfils all their needs; and they don't
|
| expectant owners who rent, have chosen to
| |
| | focus on the reality of buying real
|
| absorb higher rents and stay where they
| |
| | estate. Normally these people have a
|
| are, while continuing to save for a
| |
| | 'live for today' attitude, which suits
|
| house.
| |
| | the times of this generation and this is
|
| Most tenants have heard, or read, in the
| |
| | why we have this boom situation. If you
|
| media, how tight the rental market is at
| |
| | are ready to rent you will find a
|
| the moment. They are prepared to pay the
| |
| | selection of houses, and apartments for
|
| difference, until they decide what they
| |
| | rent, all located in Victoria when you go
|
| want to do. In many cases, the rent rises
| |
| | to Take advantage of the thousands of
|
| are encouraging them to get into the
| |
| | property listings offered on Australia's
|
| market sooner.
| |
| | largest free online property listing
|
| Agents overwhelmingly tip that the inner
| |
| | pages, where you can buy, sell, rent an
|
| city and middle suburban areas are safer
| |
| | apartment, or house all from the comfort
|
| investments than the outer suburbs, a
| |
| | of your own home.
|
| fact supported by REIV (Real Estate
| |
| | Generation X's and young Generation Y's
|
| Institute of Victoria) findings. In its
| |
| | are making the inner city and surrounding
|
| latest analysis of the market, it
| |
| | areas more attractive to property
|
| highlighted that each of the top ten
| |
| | investors. Perhaps this is because some
|
| suburbs to report strongest increases in
| |
| | renters don't want to be drawn into
|
| median house prices for the year were
| |
| | holding down a loan; consequently, you
|
| within a 15-kilometre ring of the city.
| |
| | have many people staying in the rental
|
| By comparison, all ten suburbs to report
| |
| | market.
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| the lowest increases in median house
| |
| |
|
