Jo Raphael: First-home buyers need to lower expectations : v

Jo Raphael: First-home buyers need to lower expectations


Jo Raphael: First-home buyers need to lower expectations
17 Mar, 2021 08:00 PM
3 minutes to read
I sometimes wonder if people's expectations of getting on to the property ladder are over-inflated.
Well-appointed chef's kitchens, sculleries, ensuites and internal garages may be the gold standard, but for first-home buyers these amenities
may be just out of reach - a few rungs higher up the ladder.
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That's extra – on top of what they previously needed.
Value can be added to lower-quality properties. Photo / Getty Images
It's news that makes one 19-year-old, who has the aspirational hope of buying her own home by the time she turns 25, think about moving to Australia for a better chance of home ownership.

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