I say that's a good call,
never be an owner occupier, everything is working against you.
property price $1,000,000.00
stamp duty $ 60,000.00
total $1,060,000.00
or invest in WAM which is 12% return
equals $127,000.00 PA
spend $40,000 on rent{which is owned by a family member).
live on $87,000 or maybe save some of that and buy a rental property for a family member to live in.
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