What a ridiculous article Warnie - you are just as bad as the spruikers.
"She says in many cases it is cheaper to buy than rent and first-home buyers appear to be working productively towards raising the required deposit to get into property."
Rubbish, I'd like to see even just one of these "many cases"
"That is definitely driving the propensity to buy I suppose, because when you are spending $550 to $600 a week on your rent it becomes more feasible to purchase that property for $450,000," he says"
Show me a house worth $450,000 that's being rented out for $550-$600 and i'll eat my hat.
The Melbourne market is getting completely SMASHED.
Your call that it it was much better to buy last year as opposed to renting was completely and utterly wrong.
