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Australian affordable housing start-up offers win-win solution for cash-strapped homeowners and desperate renters

SYDNEY, Dec. 20, 2022 /PRNewswire/ Interest rates are rising, inflation is expected to hit eight per cent by the end of the year. As household budgets are stretched to their limit, one company is offering Australian homeowners a steady source of passive income, right in their own backyard, to ease the burden and provide much-needed additional rental accommodation. Australians are feeling the squeeze and, for some, no amount of belt-tightening will be enough to save them from mortgage stress. According to an Australian National University survey one in four Australians is struggling to make ends meet on their current income, while data from SQM Research shows a sharp rise in distressed real estate listings as the continual run of interest rate hikes since May is driving many to sell their homes at a loss as they fall behind with higher loan repayments. "It's a perfect storm really, with everything happening at once; sky rocketing interest rates,a lack of affordable housing, a

6 Indian entrepreneurs with successful second innings

New Delhi [India], December 13 (ANI/GPRC): Entrepreneurship is not for the faint of heart, as is often said. It requires grit, determination, and fortitude to take on the multiple challenges that are part and parcel of being a leader. A startup founder's journey is always "lonely" - a term many entrepreneurs use when narrating their stories. There are highs that touch the sky, but sometimes there are lows, more often than not, that can lead founders into a deep, dark abyss. Despite this, some entrepreneurs can evade them and successfully establish their ventures - not once, but twice and, for some, even four times. Many of them are willing to take a risk by quitting their comforting established business and starting from scratch several times over. There have been a few in India as well who have set the standard for serial entrepreneurship. The following list includes 6 serial entrepreneurs for whom one successful venture wasn't enough. Their achievements and dedicati

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