aussie house prices to boom, page-43

  1. 4,904 Posts.
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    Just understanding different ideas to wealth creation from those around me.

    Specifically yes in the last 5 years yes I have had quite a lot of friends who have bought a PPOR and then continued to live at home whilst renting it out or bought off the plan and lived at home to save a deposit whilst it is constructed. It's not a trend that has suddenly popped up due to the recent spike in the Sydney housing market. It was happening before it's just more publicized now in the media and as a result more people are joining in that wouldn't have otherwise considered it.

    Others now are simply forced by the market and recent price rises to consider things they normally wouldn't have wanted to do. FOMO is seeing many re-consider what they are willing to sacrifice in terms of lifestyle if they are to ever own their own place.
 
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