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Hi Eric,
Excellent post regarding the property market in Australia at the moment – just looked at the website link and it looks very interesting.
I'm a young lad in South Australia and have saved a resonable deposit over a few years and am now looking at buying a property for initially living and in the long term an investment property. I now find it to be a good time to get into the property market. I'm am in the process now of deciding whether an apartment/unit would be of better value or house.
A friend of mine is looking to do the same and has suggested going "tenants in common" with him which gives me the option of buying a more expensive property….
Do you or anyone else have any thoughts on these?
Regards,
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