rent vs purchase

  1. 672 Posts.
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    Rent vs’s Buy
    I have noticed definitely in my area that rentals have gone up atleast 30% in the last 6 months.
    This is indicative of most of Perth. So when do we draw the line before purchasing. For instance to rent a home your looking at atleast $500 week. To purchase the same home is around $2200 in interest.
    Eventhough homes maybe sliding rent has picked up. Are we expecting that rents are going to fall along with homes in the coming years?

    I find that hard to believe with current employment climates and government policies
 
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