Buying property is enforced savings.About 95% of people cannot...

  1. 5,349 Posts.
    lightbulb Created with Sketch. 18
    Buying property is enforced savings.
    About 95% of people cannot save for the long term which is why those people are better off buying a house. It may cost a lot to pay off the house but they would never save the equivalent amount in other assets.
    The scenario applies to superannuation.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.