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Yes you can be Gen Y and buy property - like everything else it just takes a shift in mindset away from the traditional thinking of owning your own home straight away.

25/9/2014

 
Apparently this article has been doing the circuit of facebook and the media so I thought it would be something good to address.

It appeared on fairfax websites (see full article) last week and then Lucy from Mama Mia wrote a blog about it.

Tom Whitty wrote:

I’m tired of the weekends spent travelling from one underquoted property to the next, only to be left feeling like an idiot when an auction opens above what would have been our final limit. I’m tired of the car trips back to our rented home, with my hopeful girlfriend talking about how the next property might be the one where we can raise some kids together.

I’m saddened that both my girlfriend and I will have no choice but to work well into our 30s so we can squirrel together a deposit for that two-bedroom dive she’s so sure is just around the corner.

I’m saddened we are being made to delay starting a family, when it’s all she wants. And I’m saddened that so many people who are approaching retirement will react to this with a ”cry me a river” statement, when they know full well they never had it this tough.

Read more at http://www.mamamia.com.au/social/ill-never-ever-buy-a-house-like-ever/#4MHTRztPc7Uak3q6.99

Given this seems to be a big issue for Gen Y's we thought we should tackle this head on.  Stayed turned while we put together some useful information that will revolutionise the way you think about owning property.



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    Adriana Filipowski  has a Masters in Professional Accounting, is a member of CPA and the MFAA.

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