Home Sweet Home

The prospect of buying a first home in today’s market can be daunting – especially given high prices and competition for desirable properties. In this issue of Bride to Be Magazine, Ben Kingsley was asked to provide his opinions on what to consider before starting your search. Here’s a snippet of the article:

“It’s no secret that homes are more costly today than in our parents’ time. In the 1970s, you could lay down as ‘little’ as $80,000 for a new family home, which would likely be the one you’d stay in to raise your family. Today, the average loan size in Australia is $299,000. Not too bad, you might think 0 until you learn that in Sydney it’s more than double that. With the average home loan $650,000 it’s the third most expensive residential city in the world, costing ten or 11 times the average salary to buy a home…”

Click on the image to start reading the article.