After reading the report,
"Owning your very own house or having an investment property are 2 staples of the Australian dream. But at a time when home values are increasingly becoming more expensive, people are starting to rethink their dreams of becoming homeowners or property investors because of the amount of money required to purchase property," according to
"This kind of thinking is the growing sentiment among young Aussies, mostly, because saving up the money for a deposit isn't as easy to accomplish as it was years ago. Not to mention, the cost of basic utilities and everyday necessities have also risen, making it even more difficult to save cash," he continued.
"Whether the market is going up, down, or sideways there are always people who don't have enough money to pay the deposit required to make a purchase. The key to resolving this problem is to make the payment terms more flexible. That way, buyers can negotiate with the sellers how they can complete the payments, while making sure that the sellers' needs are also met,"
The Creative Real Estate Podcast is a weekly broadcast featuring
Australian property investment specialist,
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor. His real estate book, published in 2012, ''How To Buy A House For A Dollar', voted by
As well as conducting free seminars, workshops and conferences in the
Go to CreativeRealEstate.com.au to listen to Rick's free podcasts.
Read the full story at http://www.prweb.com/releases/price-to-income-ratio/rick-otton-analysis/prweb11961726.htm
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