The Highs And Lows Of The Single Homebuyer

I’m always on the hunt for relevant info and I loved this - one of the best articles I’ve seen on this topic for a while. Here are a few paragraphs as a taster...

When I read an article recently about how unattainable it is for singles to buy their own home, I felt an emotionally unhealthy cocktail of sweet vindication and distinct bitterness. Here were the figures confirming what I already knew from the past 18 months of house hunting. In a country where home ownership is the Holy Grail and prices have rocketed to ridiculous highs, prospective buyers are even worse off if they don’t have someone to share the burden with.

I decided to buy a home when I knew I didn’t want to live in share houses any more. I’d reached 30, discovered I liked living by myself, and wanted a place of my own. Virginia Woolf would surely agree; why stop at a room if you could have an entire apartment?

Financially, it made sense. I’m no Alexander Hamilton, but I could still see the economic benefits of paying money towards a personal investment, rather than spending roughly the same amount each week on rent. I had enough for a deposit and had been approved for a loan, so all that was left was to find a suitable property. There was the rub.

Pretty valuable stuff, I’m sure you’ll agree! Why not check out the whole article here https://www.domain.com.au/news/the-highs-and-lows-of-the-single-homebuyer-20161107-gsjhzn/ and share your thoughts with me afterwards: call (0295) 686 266 or email me at [email protected].

Thanks,

Alex