With rents skyrocketing by over 10% nationally in 2022 and showing no signs of slowing down in 2023, the level of rental stress is becoming increasingly apparent each week, especially with the influx of migrants and international students arriving on our shores. In fact, finding a suitable place to rent has become a real challenge as vacancy rates continue to plummet.
But it's not just renters who are feeling the pinch. Highly leveraged borrowers are also facing mortgage stress as building approvals decline and construction costs remain high. With all these factors in play, the question arises - should you rent or buy? Join us as we explore the pros and cons of each option and help you make an informed decision.
And we have a special guest joining us today to help unpack this question - Peter Switzer. Peter is a renowned financial commentator, author, and founder of the Switzer Financial Group, with over 30 years of experience in the finance industry. He's also a regular contributor to leading media outlets such as The Australian, Yahoo Finance, and the Daily Telegraph. We're thrilled to have him here with us today to share his insights and expertise on this topic.
So tune in now.
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