How 'rentvesting' is helping people buy their first home
Real estate and property mogul Tamara Wrigley explains the mainstream strategy ‘rentvesting’. Picture: Empire Art Photography
Property
Tamara Wrigley
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Australians are vigorously encouraged to enter the property market, but not everyone can relocate to an affordable area. Chances are, if you're currently renting, you made choices about your location out of sheer necessity or lifestyle considerations rather than financial considerations. The benefit of renting is that you can enjoy the affordability of a lifestyle that may have been less accessible if you wanted to buy in the same area. This is where rentvesting comes in.