According to the Financial Review
The ‘new’ great Australian dream of Home investment, one thats vcompeting with haveing a traditional home in the suburbs or city..
This emerging property divide saw another 60 000 new rental property owners become l;andlords in the past financial year, taking the total number to 1.3 million or 13% of taxpayewrs !
Australia has twice as many landlords as its tax payers than North America and SIX times as many as the UK on a per capita basis
Those suffering thiough are first home buyers..
Interesting HK article there too..
” A ripple of shock and nervous laughter moved through the room, Kaye was sweating, his eyes darting around the room”
EXCERPT from Financial Adviser article .HK addressing hiscreditors , 150 had gathered
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
lucky more than 13 percent of taxpayers rent, eh?
cheers-
miniAbout 25% of Australian households are renters. (Source: Some article in the SMH on 240204).
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