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Home > FIRE & Chill > 3. How to Deal with the Cost of Housing in Australia
Podcast: FIRE & Chill
Episode:

3. How to Deal with the Cost of Housing in Australia

Category: Business
Duration: 01:02:12
Publish Date: 2020-06-01 18:00:00
Description:

Today we're talking about the elephant in the room - Aussie housing!

Specifically, how do we deal with our biggest lifestyle cost without ruining our plans for Financial Independence?

In the show, we discuss:

  • Renting versus buying
  • The huge freedom and flexibility of renting.
  • How damn expensive it is to move house as an owner
  • How we each approach housing and our plans going forward
  • Forced savings versus self-discipline
  • The LONG list of costs that most home owners seem to gloss over
  • Leverage and capital growth
  • Suburb arbitrage
  • How the tax/welfare system is skewed in favour of buying
  • How to optimise whether you're buying or renting
  • Why renting in affluent areas is actually good value
  • The insane amount of spare rooms Aussies have
  • Should you buy property with a small or large deposit?
  • And much more!


Stuff mentioned in the show...

SQM Research rental yields
Australia's spare room capacity

More from us...

FIRE & Chill YouTube channel

Pat's blog:  Life Long Shuffle

Dave's blog:  Strong Money Australia

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