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Home ownership is getting tougher. A recent report on Household, Income and Labour Dynamics in Australia revealed home ownership among those aged 25–34 declined from 38.7% in 2002 to 29.2% in 2014. It is predicted that fewer than half of Australian adults will own their own home by next year. Purchasing your first property as an investment may seem like a backwards approach, but it can be the smartest way to break into the market.
Source: The Real Estate Conversation
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