Home Buyer’s Big Dilemma
With a booming property market and record low interest rates, most home buyers are wondering if they should buy now or wait for the market to correct itself. But what if that never happens?
In the February 2016 issue of Money Magazine, Ben Kingsley was given a case study of a home buyer in his early 30s, married, currently renting and is wondering if he can afford a house in the inner parts of Melbourne or if he should buy in areas like Geelong. He has also been saving some money through the First Home Saver Account and two managed funds. As an active investor in managed funds he’s not in a rush to buy a property but instead, is keen to ensure that he’s buying it at a fair value.
Click on the article to find out more what Ben says.