Episode 2 ⋅ 8th March 2021

Do I have to buy a property before I turn 30?

Welcome to the property FOMO episode. We've all read the news headlines, seen the latest auction results and know how challenging the first step on the property ladder can be. So, do you really need to be on it? And by what age? Listen below.

Overview: 

Kiwis love property. We all know the conversation, right – “when are you buying a house?”, “did you see Sally just got on the property ladder”, “OMG these prices are ridiculous at the moment”. And yet, we're told by society, and oftentimes our friends and family, that owning property IS the key to financial success. 

Any type of market that creates a frenzy or the FOMO, the fear of missing out, does create irrational behaviour.

Whilst owning a property does bring many benefits, is there really a certain age you ‘must' tick off this achievement by?

What's in the episode?

In this episode we cover:

  • FOMO, FOMO and more (property) FOMO
  • Is owning property the key the financial freedom?
  • What do to with the terrifying news headlines and average house price stats
  • Is there a secret-sauce to buying your first property?
  • Rentvesting…say what? We explain what exactly this is and how you can use it yourself.
  • Plus we also talk about making your property choices work for the lifestyle you want, as well as working towards your financial goals.


As always, we end the episode with the key actions you can take right now, if you're finding the property struggle real.

…And there's lots more goodness in there, so get listening. 
 

Great resources mentioned on the podcast are: 

Okay guys, we're not linking out to any news headlines because that will only make those of you stressed out feel worse! 

But here are some other great property thoughts and resources:

  1. An alternative to property investment that works, from Ruth at The Happy Saver.
  2. More on Rentvesting and whether you should consider it
  3. What Should You Do With Your Home Deposit While Saving?
Guests

Featuring on today's podcast are your hosts, Cat and Christine

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